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Yinzhou strengthens core competitiveness for attracting foreign investments
2019-12-02Text Size: A A A

With a total investment of US$40.61 million and a construction area of 17,000 square meters, the Columbia High-end Rehabilitation and Nursing Home, which has been half completed, will be open in March 2020. This is the first international-level nursing home in Ningbo. With its opening, the senior citizens of Ningbo is able to enjoy the professional elderly care of the international standards locally.
The efficient progress of the project is a typical example of the vigorous development of the business and investment attraction work of the Yinzhou District. In the first nine months of 2019, every three days on average, a foreign enterprises would to invest in the district. A total of 103 foreign-invested enterprises were established, with the actual use of foreign investment of US$343 million, both ranking on the top among all the districts and counties of the city.
"Stabilizing foreign investment" is one of the major stabilization tasks of the economic work of the central government. Since the beginning of 2019, Yinzhou District has strengthened its business attracting force by building eight major industrial business attraction teams to conduct the precise business attraction. There are then eight business attraction groups specializing in finance and insurance, shipping and logistics, culture and tourism, the new-generation information technology, new materials and high-end equipment, etc. On this basis, three on-site business attraction teams have been organized in Beijing, Shanghai and Shenzhen, to conduct the radiating business work in a flexible manner by the hired local "investment ambassadors". With the liaison mechanism of "one project, a set of investment plan, and a dedicated contact", it is able to provide the point-to-point service, and timely get the investment information, grasp the progress of the project, and coordinate the settlement problems, thus improving the capacity of in-depth services and the professional standards of the teams. In the first three quarters of 2019, the district successfully introduced three large foreign investment projects with the investment of more than US$60 million, such as Shanshan and Kaisa.
Just like the air, the investment environment should be fresh enough to attract more foreign investment. Yinzhou District has made great efforts to build itself a place with low trading cost, more business opportunities and a good market order in optimizing its business environment. The completion rates of the seven major indexes, including the "one trip only" reform and the "no trip" practice, are all straight 100%. The full implementation of the "one opening, two unified procedures" model has made it possible to realize the data sharing between business departments and market regulatory organizations. By logging in the "unified window" and filling in the "unified form", the foreign enterprises can accomplish the business record and business registration procedures, thus reducing the trips made by the enterprises. In the first nine months this year, the district completed the registration of 121 foreign investment projects, including 65 "one-window processed" ones, which accounted for 53.72% of the total.
"The newly issued 'rules for optimizing business environment' provides us the new working rules. Our district will conduct the dynamic following-up services of the foreign-funded enterprises and extend the 'one trip only' services, to demonstrate the determination for deepened openness and reforms and the attitude to welcome the high-quality foreign investment, so as to further promote the business and investment attracting work and promote the high-quality economic and social development of the district." said a person in charge from Yinzhou District.

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