What Makes Weifang Attractive?
潍坊市人民政府2024-11-13 15:48:45
Major projects like Blue Sail Health Technology and GoerTek Company Tech are advancing swiftly, while enterprises such as Caterpillar, Claas, and Petronas are gaining impressive development momentum in our city…Openness drives development. To date, foreign investors from 92 countries and regions have invested in our city, with Weifang's cumulative foreign capital utilization reaching 15.2 billion USdollars.
Foreign enterprises are eagerly establishing a presence, casting a "vote of confidence" in Weifang through concrete actions and injecting vitality and robust momentum into the city's economic and social development.
What makes Weifang a preferred choice for foreign enterprises?Beyond dedicated efforts, an excellent business environment is a significant weight. "Our city consistently regards high-quality investment attraction as the 'key strategy' for driving high-quality development. We are actively implementing the 'Foreign Investment Breakthrough Year' initiative, fully lifting restrictions on foreign investment in the manufacturing sector, enhancing support for key foreign-funded projects, and striving to foster a stable, fair, and predictable environment, so that enterprises can invest with peace of mind, operate with satisfaction, and develop confidently in Weifang," said Guo Xingping, Secretary of the Party Group and Director of the Municipal Bureau of Commerce.
According to statistics from the Municipal Bureau of Commerce, foreign investment in Weifang shows three major characteristics: broader fields, more diverse industries; deeper integration, with an increasingly complete industrial chain; and wider scope, extending from individual projects to multiple projects.
"Wherever the business environment excels, projects will follow." Our city focuses on project construction as the strategic entry point, attracting large-scale, high-quality, and distinguished businesses. Top leaders are taking the lead in fostering connections, reinforcing the confidence of foreign enterprises in developing in Weifang.
Shandong Blue Sail Health Technology Co., Ltd. plans to increase its capital by 200 million US dollars by introducing Thai industrial investors to expand its production. On July 31, an increase of 97.64 million US dollars was successfully registered, becoming the largest amount of foreign capital actually utilized in our city this year.
The capacity expansion project took over a year from the planning phase to the final contract signing. During this period, Secretary of the Municipal Party Committee Liu Yun led a delegation to Thailand for investment promotion discussions, exploring potential cooperation opportunities and prospects, and arranged coordination efforts promptly upon returning. Relevant departments provided "one-on-one" support services to promptly resolve practical challenges faced by the enterprise.
"It was the mutual commitment of both the enterprise and the government that ultimately made the project a reality," remarked Liu Wenjing, Chairman of Blue Sail Medical Co., Ltd. "With top leaders dedicated to attracting investment and the full support of local departments, we truly feel the sincerity of the government."
With a focus on high-standard opening up and high-quality investment attraction, the "top leader" initiative has become the "ballast" for stabilizing foreign investment in Weifang. From January to August, the city's "Secretary and Mayor Project" led the province in foreign capital inflow.
Weifang is a vibrant hub of open development, and Weifang's appeal as a business destination ultimately hinges on the strength of its business environment to attract and retain foreign enterprises.
- Deepen the "Internet+" approach and promote trade facilitation. As the first in the province to enable interconnection among customs, port terminals, and the "single window" platform, enterprises can now complete a single entry of information through the International Trade "Single Window". This data is then transmitted to five agencies, customs, maritime affairs, border inspection, port authority, and ports, achieving electronic document flow and boosting overall vessel clearance efficiency by 20%.
- Strengthen regular government-enterprise communication and enhance the foreign enterprise commissioner system. Foreign enterprise service commissioners at the city, county, and township (sub-district) levels conduct regular "comprehensive visits to foreign enterprises", providing targeted support to address their challenges. A Foreign Investment Service Guide has been prepared to ensure that policies benefiting enterprises are accurately and directly applied.
- Implement the "Double Support Coverage" initiative for the top 200 foreign trade enterprises and a "Full Coverage" service system for all foreign trade enterprises. Through extensive visits to foreign trade businesses, over 600 issues, including those related to labor, financing, and trade show subsidies, have been resolved this year. To further enhance the skills of foreign trade personnel, a "Training for 10,000 Personnel from 1,000 Enterprises" program was established, holding 57 training sessions with more than 6,430 participants both online and offline. Weifang actively advances the "1,000 Enterprises, 100 Exhibitions" initiative to expand overseas markets, with a targeted expansion of exhibitions to 120. To date, 862 enterprises have participated in 97 domestic and international exhibitions, generating prospective transactions totaling 16.08 billion yuan.
With dedication and attentiveness, we are committed to building a "service high ground", exchanging our business environment strengths for mutually beneficial outcomes. CLAAS KGaA mbH from Germany, a leading company in Europe for combined harvesters, is continuously expanding its investment in Weifang through CLAAS Agricultural Machinery (Shandong) Co., Ltd. With a total investment of 1.6 billion yuan, the company has created over 700 jobs.
Focused on fostering a world-class business environment that is market-oriented, law-based, and internationalized, Weifang is committed to becoming a hub for foreign enterprises. The city invites capable and ambitious foreign companies to choose Weifang, establish a strong presence, and grow successfully, contributing to the city's high-quality development.