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Wenzhou Leads Foreign Investment Growth in Zhejiang
【Fonts: Large Medium Small 【Source: Wenzhou·China 【Date: 2019.09.20】

As introduced by Wenzhou Investment Promotion Office, the total amount of foreign investment from January to July in Wenzhou had increased by 159.51% to $161.26 million under the statistical specifications of Ministry of Commerce, ranking as the highest increase amplitude in Zhejiang Province, which had increased by 8.49% to $234.75 million under the Statistical Definition of Zhejiang Province.

We have been focusing our policies of "Go Out" and "Come In". Wenzhou Municipal People’s Government was encouraging foreign investment with united-force and great efforts through linking Wenzhou City and its subordinate counties and organizing and marketing 62 Dynamic Projects in three phases by surveying data, inviting overseas investment, establishing exchange platform, etc. Meanwhile, in order to solve tough issues, the government was updating “three forms, four lists” which kept verifying the implementation of Dynamic Projects.

Moreover, the government has worked on a quantity of investment promotion conferences such as High-Tech Stationery Production Project (worth $180 million) of Singapore Gold Emperor Company in Promotion Conference (Wenzhou) on Four Grand Construction in Zhejiang Province, Aluminum Foil Packing Project (worth $15 million) of Hongkong Huayuan Company ( 10, 000 tons of annual production) in Promotion Conference of “Belt and Road Initiative” for Zhejiang Province, and 11 projects (worth $4.7 billion, another $2.7 billion pledged) including UAE New Material Industrial Park, from Wenzhou (Hongkong) Investment Environment Explanation Seminar,

As introduced, with an effort to better the service system, improve investment environment, and maintain the legal rights and interests of foreign enterprises in Wenzhou, the government has launched the Service Month (starting from September) for Foreign-Invested Enterprises (FIEs). During the Month, the government will establish a platform and connections for the development of FIEs, strive to solve issues for the sake of investor confidence, and improve the implementation of capital increase projects, Major Projects, and progressional or approved projects, so as to achieve the goal of foreign investment utilization in 2019.

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