At the 2025 Yueyang Investment Promotion Work Conference, Xie Weijiang, member of the Standing Committee of the Hunan Provincial Party Committee and Secretary of the Yueyang Municipal Party Committee, emphasized the need to implement the overall idea of ”1376″ and promote the heating, increase and speed up investment promotion, so as to build and high-quality development of the “Seven Yueyangs” and high-quality development. Inject powerful momentum. This shows that in the final stage of the “14th Five-Year Plan”, Yueyang regards investment promotion as the key to breaking through the development bottleneck and accurately grasps the new development pattern. Yueyang's GDP exceeded 500 billion yuan in 2024. However, the proportion of strategic emerging industries is less than 30%. Optimization and upgrading of the industrial structure is urgent, and the importance of attracting investment is more prominent.
Yueyang continues to innovate in its investment methods. Taking industrial chain investment as an example, focusing on seven major industrial clusters, such as the million-ton ethylene project of modern petrochemical industry, has driven the concentration of downstream industrial chain enterprises to increase by 42%. The “chain leader system” solves the problem of investment promotion collaboration. At the same time, implement the “Technology + Finance” collaborative strategy, Chenglingji New Port District pilots the “Capital Investment Promotion + Investment Decision-making Committee” model, expands the scale of industrial funds, attracts many “specialized, specialized and innovative” enterprises, and promotes regional economic development.
Mechanism innovation is a highlight of Yueyang's investment promotion. The “1+4+N” investment promotion system extends the investment promotion information tentacles to the world. The “Xiangqing Investment Promotion” project uses the global Yueyang entrepreneur database to promote a large number of local talents to return to their hometowns to invest. In creating a business environment, Yueyang has made every effort to promote the construction of the “three modern and first-class business environment”. Yunxi District's efficient service mechanism has greatly shortened the project approval time limit. The “standard land + commitment system” reform allows industrial land to “start construction as soon as it acquires land” It has become the norm, which has made Yueyang ranked second in the province in the 2024 business environment evaluation.
Yueyang also actively promotes the transformation of development momentum. Relying on the “three districts, one port and five ports” open platform, we will build a strategic node of “dual circulation”. The launch of the China-Laos and Thailand tropical fruit cold chain special train has increased the export volume of Hunan's agricultural products. Through the “ecological banking” mechanism, Junshan District transforms ecological resources into investment capital, attracts green food processing enterprises, forms a benign closed loop of ecological and economic development, and provides an example for the green development of the Yangtze River Economic Belt.
Yueyang's strategic determination demonstrated in investment promotion is of far-reaching significance. It abandons the short-term profit-seeking thinking, shifts from “competing for policies” to “competing for services”, and moves from “single-point breakthrough” to “system integration”, realizing the modern transformation of local government governance capabilities. At a time when competition is fierce in various places, Yueyang uses industrial chain investment to shape long-term competitiveness, and uses the optimization of the business environment to build institutional advantages, reflecting the responsibility of the economic market.
Yueyang's investment promotion practice has proved that competition for investment promotion is not only a competition of project quantity and resource endowment, but also a competition of strategic determination and institutional innovation. Guided by the overall idea of ”1376″, Yueyang is striving to write a new chapter in the high-quality development of provincial sub-center cities through the battle of attracting investment, creating a new powerful engine for its own development, and providing reference for other cities Development experience.
(Mo Xuan)