CCTV News (News Network): Taicang, Jiangsu has gathered more than 550 German-funded enterprises. Since the beginning of this year, Taicang has promoted foreign-invested enterprises to continuously increase capital and expand production by optimizing the business environment and improving supporting services, injecting strong impetus into stabilizing the basic foreign investment market.
In Taicang Hi-Tech Zone, a world-leading filling system supplier is stepping up the construction of a new factory with an investment of 200 million euros. After completion, the factory will more than triple the area and become the largest and highest-technical production base in China, which is already the sixth phase of the company's investment and construction in China.
Not only are old friends, more and more new companies choose to take root in Taicang. The company that produces high-end intelligent logistics and transmission equipment is speeding up its construction of its first production project in China, with an investment of 100 million euros.
Behind the repeated investment of foreign-funded enterprises is Taicang's continuously optimized business environment. This year, the local government has changed the approval process from series to parallel, and it will be handled in parallel by multiple departments. The project will only take 2 months from decision-making to start construction, half a year ahead of the original plan.
Since this year, Taicang has continued to innovate its service model, the Foreign Service Center has achieved "going into one door and doing everything", and has opened a green channel for intellectual property protection, drawing on the German dual system model to cultivate skilled talents.
Data shows that in the first quarter of this year, Taicang signed 32 new industrial projects with a total of 100 million yuan, an increase of 33.3% year-on-year, with a total investment of 11.08 billion yuan, injecting strong momentum into high-quality development.
