Recently, Hunan Provincial Commission by letter of 10 major initiatives introduced to encourage industrial enterprises to actively go out in the province, the province’s industrial enterprises to enhance international competitiveness. This includes 10 major initiatives to encourage foreign research and technical cooperation, and expand exports of industrial products, to enhance cross-border management capacity, improve the service system and so on.

Provincial Commission by letter bears chief economist Chen said that to accelerate the industrial enterprises to go, it is to implement the country along the way to 2025 and other major Chinese manufacturer of important strategic initiatives. And promoting the advantages of production capacity for international cooperation to resolve excess capacity, the formation of new economic growth points; and promoting enterprises to improve technology, quality and service levels, and enhance core competitiveness; and promoting industrial restructuring, promote industrial restructuring and upgrading, stable industry increase.

In these 10 initiatives, Hunan will support key enterprises to take the lead to go out. Foreign investment and international cooperation to create the leading enterprises, cultivate a number of multinational companies, encourage powerful multinational enterprises use their own advantages, taking the total package, BOT and other forms of undertaking overseas business and establish cooperation Development Zone and raw materials bases overseas. Encourage enterprises to go out and SMEs form alliance to drive in the province as well as a complete industrial chain supporting SMEs overall provincial industrial production, technology and services to go out. New regional investment and new areas related industries key enterprises Baotuan sea, give priority support from the policy, and funding.

In addition, Hunan will expand exports of industrial products. By about three years time, the province more than 50 years to cultivate exports over 100 million US dollars in key export industrial enterprises, the province’s industrial export volume reached more than 50 billion US dollars, of which exports of electromechanical products accounted for 70% of the province’s total exports over the same period around, upgrade technology, brands and services at the core of international competitiveness. Innovative processing trade and business models, give full play to the province of industrial enterprises technology and productivity advantages in market demand, resource conditions are good in developing countries, strengthen resource development and industrial investment, in order to meet local market needs, focusing on the extension of industrial chain, led the province equipment exports. Support for cross-border e-commerce development of industrial enterprises, the use of the Internet + the establishment of overseas marketing network. Solidify and deepen the traditional European and American markets, the development of emerging markets, and further expansion of industrial products in the international market share.

Provincial Commission by letter Thirteen Five will develop the province’s industrial enterprises to go global development plan and the province’s industrial and information in the field of foreign investment industry directory, clear the main objective to promote industrial enterprises to go out, key tasks and safeguard measures, will be open development strategies implemented in key industries, key enterprises and key products, a clear focus on country enterprises to go out. Thirteen Five key industries of special plans to promote industrial enterprises to go out as an important content. Insist on the implementation of classification, orderly way, actively participate in and promote international industrial cooperation. Select manufacturing ability, high level of technology, international competition have obvious advantages, there are areas of the international market demand, depending on the country and industry characteristics, targeted to promote international co-production and equipment manufacturing. Accelerate construction machinery, rail transportation, iron and steel, nonferrous metals, building materials, electricity, new materials, new energy, new housing and other advantages of production capacity and spare capacity to go the pace. Expand steel nonferrous metals, textiles and garments, electronic information, automobile, ceramics, fireworks, light industry, food and other industrial products for export.