JINGMEN, China, Oct. 26, 2017 /Xinhua-AsiaNet/--
To solicit investment and promote industrial upgrading, the government of Jingmen City in central China's Hubei Province has introduced a series of supportive policies and services in the city's economic development, and gained some achievements.
From January to August, the city landed 500 projects of over 100 million yuan, with a total investment volume exceeding 200 billion yuan. The number of large scale enterprises has also arrived at 1,188. Its growth rate of fixed-asset investment and market entities topped Hubei in 2016 and the first half of 2017.
Due to underdeveloped transportation and lack of resources, the city's development had relied heavily on chemicals and agriculture. Over the past two years, the city government has made concrete efforts to streamline procedures for companies doing business in Jingmen, and provided favorable supports.
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