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BackHunan promotes the construction of cross-strait industrial cooperation zones
Hunan promotes the construction of cross-strait industrial cooperation zones
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中国新闻网17 minutes agoBusiness2 min readChinaView original

Hunan promotes the construction of cross-strait industrial cooperation zones

Quick Look

  • The Hunan Provincial Government issued implementation opinions, clarifying that by 2030, the Cross-Strait Industrial Cooperation Zone (Hunan) will be a host site for Taiwan-invested emerging industries.
  • The goal is to attract more than 100 Taiwanese companies, cultivate industrial clusters, and promote in-depth cooperation in the Hunan-Taiwan industrial chain, focusing on the three major industrial parks of Yueyang, Xiangtan, and Chenzhou.

AI-generated summary

Why It Matters

The Cross-Strait Industrial Cooperation Zone (Hunan) was approved for establishment in May 2021 and is a national-level economic cooperation platform with Taiwan. The cooperation zone covers three industrial parks in Yueyang, Xiangtan and Chenzhou, aiming to promote the in-depth integration of industries in Hunan and Taiwan.

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China News Service, Changsha, November 13 (Fu Jingyi) By 2030, Taiwan-funded enterprises in the Cross-Strait Industrial Cooperation Zone (Hunan) will increase capital, expand production, and achieve significant results in industrial agglomeration. It will attract more than 100 Taiwan-funded and related enterprises, cultivate 1 to 2 industrial clusters at or above the provincial level, hold and participate in more than 30 cross-strait exchange activities, and attract more than 1,000 Taiwanese compatriots to the cooperation zone for exchanges, internships, employment and entrepreneurship, and Hunan-Taiwan industrial chain and supply chain cooperation will reach a higher level.

On November 13, the official website of the Hunan Provincial Government released the "Implementation Opinions of the General Office of the People's Government of Hunan Province on Accelerating the Construction of the Cross-Strait Industrial Cooperation Zone (Hunan)", which proposed the above goals and made it clear that the cooperation zone will become a transfer center for Taiwan-invested emerging industries in the central region, a gathering place for high-quality Taiwan-funded enterprises, and a preferred place for Taiwanese compatriots to practice, find employment and start businesses.

The Cross-Strait Industrial Cooperation Zone (Hunan) is a national-level economic cooperation platform with Taiwan approved in May 2021, including the three major industrial parks of Yueyang, Xiangtan, and Chenzhou. Among them, Xiangtan Industrial Park focuses on the development of new energy vehicles and accessories, high-end precision parts processing, electronic information and intelligent terminals, high-end medical equipment and biomedicine.

Yueyang Industrial Park focuses on the development of new displays, smart terminals, modern logistics, advanced chemical materials and other industries, and relies on the national Taiwan Farmers Entrepreneurship Park to accelerate the development of modern agriculture. Chenzhou Industrial Park focuses on the development of energy electronics, optoelectronic information, new energy equipment, business services and other industries.

Focusing on the goal, Hunan has clarified its main tasks from seven aspects: optimizing the industrial layout of the park, supporting Taiwan-funded enterprises to expand capacity and improve quality, carrying out precise investment in the industrial chain, and promoting the deep integration of technological innovation and industrial innovation. Hunan will also improve the provincial working mechanism for the construction of cooperation zones, and the three municipal governments of Xiangtan, Yueyang, and Chenzhou will implement the main responsibility for the construction of cooperation zones.

Feng Haiyan, director of the Taiwan Affairs Office of Hunan Province, said that the Cross-Strait Industrial Cooperation Zone carries the special mission of promoting integration through communication, benefits, and affection. All cities, states, and parks should take advantage of Hunan's development advantages of complete manufacturing foundation, convenient location and transportation, and rich scientific and educational talents, keep a close eye on the goals and tasks, improve the working mechanism, form a synergy, and jointly promote the construction of the cooperation zone.

What to Watch

AI outlook — possibilities, not facts

  • By 2030, more than 100 Taiwan-funded and related enterprises will be attracted to settle in the cooperation zone.

    Possible · Within years

Open Questions

  • What are the specific preferential policies for attracting investment?
  • How to evaluate the actual output of industrial clusters in each park?

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This article was originally published by 中国新闻网.

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