QPETDZ Being Well-Equipped for Investment Promotion

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  In June, activities of investment promotion of Qinzhou Port Economic and Technological Development Zone (QPETDZ) located on the coast of Guangxi’s Beibu Gulf is in full swing. From January to April 2019, QPETDZ has successfully introduced a number of major projects of Huayi Chemical New Material Integration Base, such as propylene and downstream deep processing integration project with a production of 750,000 tons per year, caustic soda and polyvinyl chloride project, and praxair separation project, with a total investment of RMB 20.8 billion yuan.
  At present, QPETDZ is well-equipped with the gradually mature conditions for economic development, enlarged geographical advantage, and obvious spillover effect for investment promotion. From “attracting capital” to “choosing capital”, fundamental changes have taken place in the pattern of investment attraction in QPETDZ.
  Industrial cluster and economic potential attracting business
  In recent years, QPETDZ has achieved great leap-forward development, becoming the first development zone in Guangxi, with an output capacity of more than RMB 100 billion yuan, with its main economic indicators and comprehensive strength ranking at the top of the first batch of state-level development zones in western China. In addition, QPETDZ has been committed to realizing the new pattern of “big opening up, big channel, big port, big industry and big logistics”, and promoting the construction of major high quality projects, thus to gather a number of industries such as fast petrochemical, equipment manufacturing and energy, and attract many enterprises with its huge potential.
  On the basis of industry layout planning, QPETDZ has mainly developed port industry such as petrochemical industry, equipment manufacturing, energy, grain and oil, paper pulp and modern logistics, focused on building the two-thousand-billion-yuan industrial park — China Petroleum and Chemical Industrial Park (Qinzhou) and Dalanping Logistics Processing Industrial Park (i.e., equipment manufacturing industrial park), and formed the ten-billion-yuan industrial clusters with grain and oil, paper making, energy industry. At present, there are 29 industrial enterprises above the designated scale, including an enterprise with an output value of over RMB 40 billion yuan, two with an output value of over RMB 5 billion yuan, eight with an output value of over RMB 1 billion yuan, and 20 with an output value of over RMB 100 million yuan.   Regarding to the grain and oil industrial cluster, Li Jianguo, General Manager of Guangxi Jiuhe Oil Company, who came from Yunnan Province to invest in QPETDZ in 2017, frankly said that it was precisely because of QPETDZ’s upstream industrial chain with large grain and oil processing enterprises as its core, that he decided to invest RMB 107 million yuan into QPETDZ. And this is only the epitome of QPETDZ’s effect of industrial cluster.
  At the same time, QPETDZ has taken advantage of the construction of the Belt and Road and New Western Land and Sea Corridor, to greatly boost industry cluster development. Wu Bibo, Deputy Director of QPETDZ Management Committee said, “For example, by relying on the advantage of wharf, QPETDZ’s logistics industry has actively integrated into the Belt and Road, developed modern logistics industry and shipping industry, built regional international logistics hub, formed a new logistics base, and sped up the development of multimodal transport, cold chain logistics and intelligent logistics.” Up to now, 11 of the top 20 logistics enterprises (shipping companies) in China have successively settled in Qinzhou, which has further perfected the logistics industry layout of QPETDZ.
  The coordinated development of industry has made the economic advantages obvious. From January to April 2019, the main economic indicators of QPETDZ increased significantly, making a “good start”. Of which, the industrial output value above scale reached RMB 22.66 billion yuan, up 11% year-on-year. Total fixed asset investment increased by 33.8% year-on-year. Fiscal revenue grew by 41.6% year-on-year. The port throughput reached 36.714 million tons, up 19.8% year on year. And 776,000 TEUs were completed, up 29.1% year-on-year.
  Actively improving business environment
  Since 2019, QPETDZ has focused on enterprise services, and effectively solved difficulties of enterprises' settlement and operation, so that enterprises can stay longer and grow better.
  On March 18, 2019, along with the opening of “comprehensive window for enterprise” in the examination and approval hall of the Administrative Examination and Approval Bureau of QPETDZ, you only need to submit a set of application materials to the "single window" to start a business.
  “It used to be time-consuming and difficult to start a business,” said Xie Zhaoxiang, head of Qinzhou Senhaida Trading Co., Ltd. Now it takes just only an hour, rather than 20 days in the past, to set up a company and complete the procedure in QPETDZ.   According to the head of the window, QPETDZ has established the “half an hour business" working mechanism, cleared each link’s job responsibilities, operating norms and time limit, and strengthened the coordination with government departments, financial system and intermediary service agencys, so as to ensure the smooth running of enterprise, and realize the result of “one-time information gathering for multiple reuse”.
  In addition, in order to boost the investment promotion, QPETDZ has focused on enterprise growth, adhered to the service spirit of people-oriented and people's livelihood-oriented, actively solved the small matter of the people's livelihood, and done well in service work, thus to promote the high-quality development of industry.
  “Of the 120 employees in our company, only 16 are from the headquarters, and the rest are from Qinzhou," said Yu Dongbo, Manager of Qinzhou Luhua Peanut Cooking Oil Co., Ltd. Besides, in order to keep workers’ mind on their work, QPETDZ Management Committee successively assisted eight kids to go to school in 2017 and 2018.
  Su Yingquan, Secretary of Party Working Committee of QPETDZ said that only when the people's livelihood is improved can enterprises have passion for investment.
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