Chengdu Investment News: August 17, 2009

Monday, August 17, 2009 8:50
Posted in category China's Other Cities

1. To establish corporate headquarter in Chengdu, company could be granted highest government reward of 20 million yuan
To establish corporate headquarters in Chengdu, companies could be granted the highest government reward of 20 million yuan. On August 5th, the General Office of Chengdu Municipal Government forwarded the Chengdu Investment Promotion Commission about Implementation Measures (Trial) on Encouraging Set-up in Chengdu of Headquarters and Regional Headquarters of Foreign and Domestic Large-scale Companies, in which were put forward for the first time the grant of more important financial aid and incentive to headquarters and regional headquarters set up in Chengdu, the offer of settlement subsidy and financial reward to high managerial officials, as well as the giving of the most preferential benefits and conveniences for talent introduction, capital management, entry-exit and customs clearance, etc.

2. TCL Chengdu liquid crystal production line put into operation
On July 29th, the rollout and production launch ceremony for the liquid crystal project of TCL Home Appliances (Chengdu) Co., Ltd. was held in the Chengdu High-tech Zone. The TCL Corporation has become Chengdu’s first LC flat television producer, filling in the gap of flat television production in Chengdu area.

3. Chengdu starting protection and utilization of 20 famous historical and cultural towns
On July 31st, the municipal planning bureau arranged a working conference on the protection and utilization of the famous historical and cultural towns of Chengdu, and kicked off the third-phase protection and utilization of 20 famous historical and cultural towns.

At present, Chengdu has 5 historical and cultural towns of national level, namely Anren, Xinchang, Huanglongxi, Pingle and Luodai, 8 provincial-levels and 7 municipal-levels.


4) China’s first bamboo-based rosewood production line put into production
The first “bamboo-based rosewood” production line in China invested with more than 18 million yuan by Tianyuan Bamboo Industry Corporation has been formally put into production, and the “bamboo-based rosewood” made out of bamboo will become the substitute of the precious rosewood.

It is introduced that the project is a new technological transformation project applying four national patent technologies, and the “bamboo-based rosewood” developed from the ci bamboo, whose appearance, color, texture and hardness are very much like the rare rosewood, can serve as the substitute of the precious lumber, and be used in the fields of construction and building material, decoration and fitment, and furniture manufacture, etc.

4) China’s first bamboo-based rosewood production line put into production
The first “bamboo-based rosewood” production line in China invested with more than 18 million yuan by Tianyuan Bamboo Industry Corporation has been formally put into production, and the “bamboo-based rosewood” made out of bamboo will become the substitute of the precious rosewood.

It is introduced that the project is a new technological transformation project applying four national patent technologies, and the “bamboo-based rosewood” developed from the ci bamboo, whose appearance, color, texture and hardness are very much like the rare rosewood, can serve as the substitute of the precious lumber, and be used in the fields of construction and building material, decoration and fitment, and furniture manufacture, etc.

5. Pan Cheng Group to invest 500 million yuan, “nerve center” settled in Chenghua
Panzhihua Gangcheng Group, one of China’s Top 500 enterprises, recently signed an agreement with Chenghua district, and is to invest 500 million yuan in the Chengdu (Longtan) Headquarters City to construct the Group’s “serve center” – the economic and technological development center. It is reported that the project is the first “corporate complex” of a large-scale industrial group introduced by Chenghua district in recent years, and is also an important industrialized project of the district to build a new highland of modern services industry this year.

6. “Kangtai” settled in Jintang
On August 6th, the Kangtai Plastic Technology Group Co., Ltd’s production base project of environment protection type wall material was formally signed and settled in Jintang County. It is reported that the project plans to occupy 80mou and invest 150 million yuan, and after completion, it is expected that the annual production value be not inferior to 300 million yuan, and taxation not inferior to 8 million yuan, and it will become the biggest production base of such kind in Southwest China, playing an active role in pushing the development of Jintang County’s new-type building material industry as well as the local economy.

7. First Sichuan Online Commodity Transaction Conference kicked off in Chengdu
On August 7th, Sichuan’s first e-commerce comprehensive platform “Sichuan Business” and first Sichuan Online Commodity Transaction Conference were kicked off in Chengdu. It is reported that the e-commerce comprehensive platform combines the BtoC online shopping, merchant direct sale, BtoB business opportunity interaction, online exhibition, logistics service and 3G application, which, through its business integration of the whole process of the e-commerce and its provision of corresponding services such as business service, logistic distribution and online payment for commercial activities, provides a new boost to the commercial exchanges of Sichuan companies.

8. Chengdu and Bonn of Germany recently formally became sister cities
The Chinese People’s Association for Friendship with Foreign Countries recently sent a letter to the foreign affairs office of Sichuan, formally approving the establishment of sister-city relationship between Chengdu and Bonn, Germany, learnt the journalist on August 9th.

9. Sina Sichuan company settled in Chengdu
The Sichuan branch of Sina.com, a well-known domestic network company, had settled in the Scientific Business District of the South Renmin Road and formally began operation, learnt the journalist on August 11th from Wuhou district. Up to now, the business district has attracted successively the presence of a series of famous Chinese network companies and their branches such as Sina, Baidu and QQ, These network giants all took Chengdu as their premier choice and seized the media market radiating the southwest region.

10. Chengdu newly-added with 200 important projects in first half year
The Investment Promotion Summery released recently by the Chengdu Investment Promotion Commission shows that from January to June, the actual-utilized investment from outside Chengdu attained 59.04 billion yuan, having completed 54.6% of the objective task, up 35% year-on-year.

In the aspect of “attracting the big and introducing the strong”, up to June 30th, accumulatively 320 projects has been accepted into the data base of the city’s “three series” of important projects, of which 200 important projects were newly added during the first half year.

11. 09 Sichuan (International) consumer goods exposition to be unveiled at end of next month
Sponsored by such organizations as the organizing committee of Sichuan (International) consumer goods exposition, the Macao Trade and Investment Promotion Institute and the China International United Media Group Corporation, the 2009 Sichuan (International) Consumer Goods Exposition will be held in Chengdu from September 30th to October 12th.

It is introduced that it is a relatively large professional exposition of international consumer goods in West China. The exposition, with the theme of “enlarging domestic need, keeping growth, promoting consumption and activating market”, will provide a harmonious commercial environment for exhibitors and consumers, and offer a service platform for production companies to explore sales channels and learn about the latest information on Sichuan’s industrial consumption of the year.

12. From January to July, Sichuan’s import-export increase rate ranking national third
From January to July, Sichuan’s total import-export volume achieved 12.39 billion US dollars, up 5.5% year-on-year, the increase rate ranking the country’s third, while various indicators of national imports and exports were generally decreased by over 20% during the same period, learnt the journalist on August 11th from Chengdu Customs.

13. Qingbaijiang signed 5.6 billion yuan collectively
On August 14th, 11 industrialized projects of total investment of 5.6 billion yuan were formally signed and settled in Qingbaijiang, in which the successful settlement of 4 important logistics projects provide an important engine for Chengdu’s building the railroad logistics center of West China.

The 11 industrialized projects signed at the same circumstance include the comprehensive logistics project of total investment of 2.8 billion yuan by Fujian Huaya Group, the Xiangfu domestic waste incineration power plant of total investment of 820 million yuan by China Energy-saving Investment Company, the Sichuan Jingxin logistics of total investment by 500 million yuan, the Tianbao industrialized base for the reassembly energy-saving environment-friendly centrifuge of total investment of 300 million yuan, the polymer building material base of total investment of 120 million yuan by Jiazhou New-type Water-proof Material Co., Ltd, the Qingbaijiang logistics project of total investment of 150 million yuan by China Railway Eight Bureau Group, and the Chengdu logistics Base of total investment of 120 million yuan by Guansheng Group.

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