Chenzhou Area makes new progress

This year, the Chenzhou Area of the China (Hunan) Pilot Free Trade Zone and Chenzhou High-tech Zone have achieved new progress and results in promoting high-quality economic development through innovative development, policy improvement, open cooperation, and optimization of business environment.

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From January to June, it was expected to achieve a full-scale tax revenue of 1.13 billion yuan. The actual use of foreign investment was 94.2 million US dollars, a year-on-year increase of 50%. The total import and export volume (including the Comprehensive Bonded Zone) reached 7.56 billion yuan, up 17.3% year on year.

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Chenzhou Intelligent Manufacturing Industrial Park of Sany Heavy Energy started construction on June 30, 2022 and was put into operation on December 27. It signed a cooperation agreement in 10 days, the first wind power machine was completed in 100 days, and the industrial park was put into operation in 177 days. The project has a total investment of 1.01 billion yuan. Since its production, 189 units have been completed, bringing an output value of 930 million yuan.

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At Chenzhou Grain and Oil Machinery Co., Ltd., workers are busy with orders. At present, the company has abundant domestic and international orders. In the first half of the year, it achieved a revenue of 260 million yuan, a year-on-year increase of 12%, and a profit of 13 million yuan, a growth of 8% compared to the same period last year. It is expected to achieve sales of over 600 million yuan and the profit of 40 million yuan for the entire year.

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