Many investment activities are carried out one after another; a group of investors come into the park of buildings and inspect at the project site; plenty of newly signed projects have been landed and begin to build in full swing... In the first half of the year, Hengyang investment promotion bursts. 212 major projects are negotiated and introduced , with a total investment of about 83.561 billion yuan and the inline capital of 38.223 billion yuan.

Investment promotion is the source of vitality for high-quality economic development. Adhering to the development strategy of "building the city through manufacturing and revitalizing it through culture and tourism", Hengyang city focuses on attracting projects, developing industries, strengthening entities and promoting development, for the purpose of comprehensively building a "grand investment promotion" framework. The main leaders of the municipal Party committee and government, along with heads of various departments and parks, have seriously fulfilled their "top leader" responsibilities, rolling up their sleeves to personally engage in over 10 investment promotion activities in the Greater Bay Area, Beijing-Tianjin-Hebei, Yangtze River Delta and Hainan, participating in key project negotiations, thereby continuously improving the quality and efficiency of investment promotion. Meanwhile, Hengyang city has also selected young backbone forces to receive immersive training concerning investment promotion in Shenzhen. It has also hosted events such as the Hengyang Business Conference, New Year Forum, CISMEF and New Culture and Tourism New Consumption Investment Promotion Conference, creating a wave of large-scale investment promotion across the city.

The investment of 1 billion yuan by Baiyang Group for a new material deeply processing production base for automotive precision parts has been signed and settled in Hengyang high-tech zone, with an expected annual output value of 4 billion yuan. The investor has additionally invested in the construction of a third-phase project, which, once completed, will increase the annual production capacity of Fubang New Materials to 15,000 tons... Projects are the "strong engine" and "hard support" for promoting high-quality development. This year, Hengyang city continues to highlight five "industrial business cards" including nuclear technology applications, advanced manufacturing, non-ferrous metals, culture and tourism, and modern agriculture. Under the promotion of the "five systems and one platform" mechanism, we focus on precise investment promotion of resources, emphasize strengths to attract large and strong investments, and have signed 21 projects worth over 1 billion yuan, such as the "Fantastic Wonder" culture, tourism and health industry park. We have also signed 21 projects with "three types of top 500" companies including Guizhou Phosphate Chemical Group and CNNC, with a total investment of 10.55 billion yuan.

Hunan merchants are an indispensable force in the development of Hengyang. Attracted by the "strong magnetic field" of hometown sentiment, policies, services and industrial agglomeration, Hengyang city creates a good business environment to bring Hunan merchants back, revitalizes chamber of commerce and alumni association resources, vigorously carries out a series of activities titled "Talking Development with Hunan Merchants Face to Face", promoting industrial return, capital backflow, and project reinvestment. From January to June, the whole Hengyang city saw 75 newly registered enterprises returned by Hunan merchants, with actual cumulative capital reaching 23.896 billion yuan. We successfully held the 2024 Hengyang Business Conference, signing and introducing 32 projects with a total investment of 23.7 billion yuan, including 4 projects from "three types of top 500" companies and 5 foreign investment projects, which cover manufacturing, energy and urban infrastructure, agricultural industrialization and other fields.