Ouyang Hong, head of Chenzhou Weifeng Industrial Co., Ltd., highly praised the working efficiency of Zixing Municipal Bureau of Commerce for obtaining the Overseas Direct Investment Certificate in an unexpected short time. The company will invest 40 million yuan to build a toy manufacturing project in Central Java, Indonesia.

From January to November this year, Zixing City completed an actual external investment of 600 million yuan, ranking third in the province and first in Chenzhou City in terms of total investment.

The city government has vigorously implemented the “going global” strategy and supported leading enterprises to connect with the “Belt and Road” Initiative. It has actively explored overseas markets by organizing enterprises to participate in key exhibitions such as the China International Import Expo and the China-Africa Economic and Trade Expo. The photovoltaic glass project invested by Hunan Kibing Solar Energy, with an investment of nearly 5 billion yuan, in Sabah, Malaysia has achieved stable production.

To help enterprises go global, the city government has actively helped enterprises solve practical problems such as financing and certificate application.

Up to now, it has accumulated more than 10 million yuan in foreign investment funds from higher authorities for enterprises such as Kibing Solar Energy and NPP Power, which has enhanced their confidence in expanding into international markets, effectively promoted the coordinated development of foreign economy, foreign trade, and foreign investment, helping build a new pattern of “Hunan enterprises going global”.

Chinese source: hunantoday