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Changsha Achieves Remarkable Results in Major Industrial Project Construction

Updated: 2019-01-10

On January 8, at the opening ceremony of the 4th session of the 15th Changsha Municipal People’s Congress, Mayor Hu Zhongxiong delivered a government work report. He mentioned that, Changsha has made remarkable achievements in pushing forward major industrial projects in 2018. Changsha’s economic and social development realized a stable and sound growth.

Over the past year, Changsha implemented new development philosophy and the innovation-oriented opening-up and development strategy. A total of 248 billion CNY was invested in the city’s major industrial projects, including 96.3 billion CNY in 22 industrial chain projects. The output value of industrial chains, such as advanced energy storage materials, increased by more than 30%. Significant progress was seen in the industrial chain construction.

Projects like Flex Changsha Intelligent Manufacturing Industrial Park Phase I, Shanshan Energy Cathode Materials, and Nissha touch sensors were completed and put into production. Progress has been made in the construction of 100-bilion-yuan projects, including Zoomlion Smart Industrial City, Lens Technology Huanghua Base, and Health Eco-Tech Industrial Park. A number of enterprises, such as Tencent, JD Unmanned Vehicle Headquarters, China Aerospace Science and Technology Corporation (CASC), and Continental AG, established offices in Changsha, and 178 new projects with a total investment of over 200 million CNY were contracted.

In 2019, Changsha will focus on supply-side structural reform to stimulate the vitality of market entities; and, continue to promote industrial project construction. It will also take intelligent manufacturing as the lead, and focus on industrial chain construction, so as to speed up the replacement of the old drivers of growth; promote high-quality development of manufacturing; and, take the lead in intelligent manufacturing.

Translator: Kuang Zhenzhen
Chinese source: hunan.gov.cn