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Dazu Completes Annual Investment Attraction Targets a Quarter Ahead of Schedule

By VIVIAN YAN|Nov 09,2020

With the continuously improving business environment in Dazu District, Global 500 companies, industry leaders, and listed companies come in droves. Their enthusiasm for the investment made Dazu complete the investment attraction targets one quarter ahead of schedule.

The value of projects with contracts signed exceeded 60 billion yuan (about USD 9.13 billion), with more than 10 billion yuan in place.

Dazu District

With the continuously improving business environment in Dazu District, Global 500 companies, industry leaders, and listed companies come in droves.

"We have made efforts to improve the business environment," said a person in charge of the district. Dazu continues to benchmark against the standard international level and actively streamline administration, delegate power, strengthen regulation, and improve services.

Especially, Dazu has set up 29 windows based on indicators and demands in its service center for business environment optimization, which has gathered 23 units so far. The center has handled about 150,000 pieces of related matters, 80% of which were handled online, greatly improving the efficiency.

Combined with municipal reform measures, Dazu has developed 11 indicators of optimizing programs to streamline the business process. It takes only half a day to start a business with zero service cost, 10 days to gain access to low-voltage electricity, and one day to complete property registration.

While optimizing the business environment, Dazu is making every effort to attract investment and promote projects' implementation. According to Chongqing Investment Promotion Bureau, Dazu's comprehensive investment scored 81.1 points in terms of the activity index, ranking first in September's investment attraction assessment in the main urban area of Chongqing.

Statistics show that this year, Dazu has introduced 21 projects worth over one billion yuan. The French Global 500 company Veolia has settled in the venous industrial park, and Chang'an Minsheng APLL Logistics Co., Ltd. will build the West Chongqing-East Sichuan (Dazu) International Trade and Logistics Park.

From January to September, Dazu has introduced 219 projects in total. The contract value totaling 83.4 billion yuan, up 98%, and 10.5 billion yuan of funds in place completed the investment attraction targets set at the beginning of this year, three months ahead of schedule.

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