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Xinhua Silk Road Database
Economy

Xinhua Silk Road launches a report on Hunan’s business environment

January 23, 2018


Abstract : Xinhua Silk Road, China’s state information service platform focusing on the Belt and Road Initiative under Xinhua News Agency launches a report on Hunan’s business environment on Monday.

BEIJING, Jan. 23 (Xinhua)--Xinhua Silk Road, China’s state information service platform focusing on the Belt and Road Initiative under Xinhua News Agency launches a report on Hunan’s business environment on Monday.

The report, named Hunan’s Business Environment & Assessment Report (2017), shows that industrial parks play an important role in attracting foreign investment in Hunan.  

According to the statistics released by the Department of Commerce of Hunan Province, from January to November 2017, the foreign investment actually utilized in Hunan industrial parks of provincial-level and above reached 6.626 billion U.S. dollars, accounting for 49.6 percent of total foreign investment and recording a year-on-year increase of 16.1 percent, 4.4 percentage points higher than the provincial average. 

Since the beginning of 2017, Hunan Province has launched various measures to create an international, legalized and convenient business environment, including learning from and cooperating with Beijing, Shanghai, Guangdong and other developed areas.

The report is a part of a series of reports conducted by Xinhua Silk Road on the business environment of 31 provinces, municipalities and autonomous regions in Chinese mainland. Backed up by economic information database of Xinhua News Agency and information collection network throughout the country, the reports provide more than 50 indicators in 12 aspects and follow the changes in the areas of politics, economics, society and investment policies. The reports also provide investment advises and risk valuation, which are conducted by economic analysts, to overseas investors.

The reports will be updated and released annually, and they will serve the Belt and Road Initiative, follow the changes of business environment, provide information and opportunities to overseas investors and help all provinces and regions of China to introduce quality foreign investment.   

In the future, Xinhua Silk Road will release more domestic and overseas business environment information and analysis reports, provide relevant database service. It will also regularly release Belt and Road Weekly, focusing on the latest development of the Belt and Road Initiative and showing the achievements and opportunities to the international community.

The Xinhua Silk Road was officially launched in July 2015. The platform currently provides products and services covering a Chinese-English bilingual database, a Chinese-English bilingual web portal, research, consulting and think-tank services. It also offers companies and institutions one-stop services in due diligence, trade matchmaking, branding, and credit investigation.  (Contributed by Zhang Aifang and Ding Lei, edited by Tong Wei)

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Keyword: business-environment Hunan-province

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