Top Biz News

Changxing to host trade, investment expo

By Ji Zhe (China Daily)
Updated: 2006-09-20 10:16

Going abroad is the key for the county's increasing foreign investment, much of which comes from Europe, the United States, Japan and the Republic of Korea.

Face-to-face contact

"Approaching investors in foreign countries face-to-face means they can get more first-hand investment information about Changxing," said Wang Qingzhong, deputy-chief of the Changxing county government.

For instance, Osaka, the second largest city in Japan, is home to Changxing's first outbound liaison office for foreign investment, which was established two years ago.

"Everyday I work really hard to contact the Japanese enterprises to help them find out about our county," said Yu Leida, vice-director of the county's investment promotion bureau, who is stationed in Osaka.

Speaking fluent Japanese and English, Yu attends conferences and exhibitions throughout Osaka. As a result of his work, the Japanese investment industrial park was established in Changxing.

Attractions

Improving efficiency is crucial for Changxing's rapid development. "Efficiency leads to competitiveness and mirrors the image and potential of our county," Liu Guofu, secretary of the Changxing Committee of the Communist Party of China, said in a recent television and telephone conference.

For example, the Changxing Administrative Service Centre has been elected a model unit in terms clients' satisfaction. It is the only institution in Huzhou City to receive such an honour.

In terms of enterprises' registration and the approval of infrastructure projects, the administrative centre only takes an average of 3.9 days to finish all the procedures.

Rich human resources and skilled workers are also beneficial for investors from home and abroad, as well as the sustainable development of the local economy.

To improve the talent pool, the Changxing county government has adopted preferential policies to attract human resources.