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Beilun Has Won the Victory in the First Step of Attracting Foreign Investment
Updated: 2021-02-23

Recently, Beilun has won the victory in the first step of attracting investment. In January, it actually utilized 140 million US dollars of foreign capital, ranking the first in the city.

Just after the Spring Festival holiday, the construction of steering gear production project of Bihai Precision Processing with a total investment of 180 million yuan in Xiapu Industrial Park is in full swing. After being putting into production, it will be used for R & D and production of differential for vehicles, and form a production and processing capacity with an annual output of 3 million steering housings, so as to further improve the technical level and competitiveness of auto parts industry in our district. Just like Bihai Precision Processing, a number of large foreign-invested projects are also speeding up the implementation of construction and preparing to “fully show their skills” in Beilun.

“The utilization of foreign capital has been one of the strong driving forces for the expansion of effective investment and promotion of industrial development in our district.” According to the relevant person in charge of the investment cooperation bureau of the district, in 2020, Beilun has realized the total utilized foreign capital of 570 million US dollars, with a year-on-year growth of 1.4%, and successively promoted the signing of 11 key foreign investment projects such as the economy project of the headquarters of Genimous Group.

The continuous increase of foreign investment in Beilun reflects Beilun’s continuous optimization of business environment, continuous upgrading of industrial structure and unswerving determination and deepening of opening-up in order to stabilize the confidence of foreign investors.

Last November, a foreign investment company was interested in investing in the platform with ten thousand mu and one hundred billion, after the district’s investment cooperation bureau and market supervision and other departments learned about it, they took the initiative to work on site for it, and completed the submission and review of the corresponding information of the company’s registration within half a day, thus enabling the enterprise to go to the relevant departments from “one time at most” to “no time at all”. It only took 17 days from the project negotiation to the registration and establishment and getting the business license, which realized the “acceleration of investment promotion” of Beilun.

Only by insisting on “importing projects from outside and optimizing the environment from inside”, we can make the foreign enterprises in Beilun “feel at home”. In the early stage of the project, Beilun adopted the “overall rationing system” of district-level leaders, took the lead in claiming the project, continuously tracked and provided services, set up a special service team composed of functional departments, and established a supporting account for the project construction, so as to achieve dynamic update, clear base and accurate solution of difficulties.

In addition to actively and actively providing the services needed by enterprises, due to the high-standard construction of Ningbo area in Zhejiang Free Trade Zone, the improvement of Beilun green energy, equipment manufacturing, auto parts, textile and clothing and other industrial chains and supply chains, and the rise of “246” trillion-level industrial cluster demonstration park, the platform with ten thousand mu and one hundred billion, Fenghuang City and other major platforms, foreign-funded enterprises’ confidence and expectation are also increasing, and foreign investment is being attracted and continuously flowing in.

MINTH Group is one of them. The foreign company, which has been building a factory in Xiaogang since 1992, is adamant that Beilun’s auto industry has a good future. At the beginning of February this year, it expanded its investment in Beilun again, including the global automotive lightweight investment and R&D headquarters project with a total investment of no less than 3 billion yuan, and the global innovative R&D headquarters project in Lingfeng Modern Industrial Park with an investment of 500 million yuan.

Nowadays, 10 projects of Lingfeng Modern Industrial Park have been implemented. Today, 10 projects in Lingfeng Modern Industrial Park have been implemented. The branch of the natural resources and planning bureau, the industrial investment company and other departments provide all-round services for the enterprises, to promote the early implementation, early completion and early production of the project, showing the role of Beilun in building an “important window” model.

“At present, there are 128 key projects under negotiation in the whole district, involving six major industries such as integrated circuits, intelligent equipment and modern service industry. We will select the best from the best, and make a number of ‘high, large, strong and new’ industrial projects be implemented in Beilun.” The person in charge said that next, Beilun will actively attract large and strong enterprises to achieve the increment, accelerate the docking of headquarters-type and R&D-type leading projects, strengthen the docking with the central enterprises, well-known private enterprises and the world’s top 500 enterprises, seize the opportunity to accelerate the development of new industries in key areas, accelerate the convergence of emerging industrial projects in key areas such as healthcare, industrial Internet, “5G+”, digital economy and intelligent logistics, target integrated circuits, key basic components, intelligent manufacturing intelligent equipment and industrial Internet and other fields, and gather global innovative resources to provide momentum for Beilun to pursue higher development quality. (Reporter Cai Xiaoxin, and correspondent Gu Fengnan)