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In the first quarter, Lishui city achieved a total GDP of 47.23 billion yuan, marking a 7.3% year-on-year increase and ranking fourth in the province. Concurrently, the city’s investment attraction system has firmly embraced the ambitious goal of “no action, no achievement”, driving investment promotion to a successful start: from January to March, the city landed 13 industrial projects worth over 1 billion yuan each, a staggering 62.5% increase year-on-year and the highest number in any first quarter to date. With fervor, Lishui is fully engaged in the “attracting large investments, enhancing strengths” campaign, focusing efforts on key industrial projects.
“Attracting large investments, enhancing strengths” supporting sustained growth in manufacturing investment
Manufacturing serves as the foundation of diverse industries. In the first quarter, among Lishui’s 69 newly attracted projects worth billions, 63 were substantial manufacturing projects, accounting for 91.3% of the total. The campaign’s efforts propelled the city to achieve a 25% growth rate in manufacturing investment, ranking second in the province and surpassing the provincial average by 14.4 percentage points. The added value of large-scale industries increased by 10.5% year-on-year, with high-tech industry investment growing by 34.1%.
In Liandu district, the High-Xian Zhigu project with a planned total investment of 2.5 billion yuan, including 2 billion yuan in fixed asset investment, aims to develop robotics, artificial intelligence, unmanned driving, intelligent manufacturing, and related component research and manufacturing. Longquan city introduced Zhejiang Zhongtai’s new energy technology project, with an annual production capacity of 4 million sets of new energy vehicle air conditioning heat pump gas-liquid separators, and 3 million sets of electromagnetic clutches production lines, providing strong impetus for Lishui’s automotive parts industry to transition to new energy vehicle thermal management systems. Suichang county introduced 20GWh high-efficiency photovoltaic module functional film project from Suzhou Hondol Material Co., Ltd, with a planned total investment of 1.2 billion yuan, which can achieve an output value of 1 billion yuan within three years after full production...
Projects are paramount, and practical action takes precedence. In the first quarter, the Lishui Economic Development Zone and Jinyun county each attracted 12 new projects worth billions, tying for first place in the city for the number of billion-yuan projects introduced. Longquan ranked third with 11 newly attracted billion-yuan projects in the first quarter.
Projects landing prioritize quality. In the first quarter, Lishui city introduced 13 industrial projects worth over 1 billion yuan each, an increase of 5 from the same period last year. With the exception of Qingtian, Yunhe, and Qingyuan, all other counties (cities, districts) and economic development zones have broken through zero in attracting industrial projects worth over 1 billion yuan, and introduced 13 projects invested by provincial-level or above “specialized, refined, distinctive, and innovative” enterprises, as well as hidden champions, surpassing the same period last year. Among them, Liandu district introduced a total of 6 projects in the first quarter, 4 of which were industrial projects worth over 1 billion yuan. The investment entities of the three industrial projects worth over 1 billion yuan introduced in the first quarter were all national-level “specialized, refined, distinctive, and innovative” enterprises and national high-tech enterprises.
On the “new track”, accelerating forward, Lishui city focuses on the local leading industries, precisely attracting industries upstream and downstream of the industrial chain. Longquan began nurturing the automotive thermal management system industry with the positioning of “first pillar” last year, attracting 11 related enterprises. Jinyun county continues to increase efforts in attracting the intelligent short-distance transportation industry, promoting the integrated development of technology chain, capital chain, policy chain, and service chain. In the first quarter, it introduced 7 related projects such as Lightweight Traveler Intelligence, attracting a total of 30 intelligent short-distance transportation industry projects in recent years, focusing on building a modern industry benchmark. Suichang introduced 3 new material projects such as Saibao solid resin, promoting the scale, high-end, and clustering development of the new materials industry, rapidly enhancing the overall competitiveness of the industry. Lishui Economic Development Zone introduced the Xinyue Microelectronics project, facilitating to extend and expand the full semiconductor industry chain, with 38 semiconductor companies currently in the economic development zone, supporting more stable and high-quality development of the industry.
Fostering new quality productivity for the future
On the second working day after the Chinese New Year holiday this year, the Lishui Municipal Party Committee Economic Work Conference was held, focusing on the theme of “Dual Attraction and Dual Retention” for the fourth consecutive year. It proposed to deepen the implementation of the strategic leading project of “Dual Attraction and Dual Retention”, accelerate the construction of a modern ecological economic system, and strive to cultivate new quality productivity for the future.
Attracting new quality productivity, with leaders taking the lead in investment attraction, leading by example, and achieving tangible results. In the first quarter, party and government leaders from various regions of Lishui city went out for investment attraction 77 times, totaling 116 days; leaders of various economic development zones went out for investment attraction 86 times, totaling 126 days, creating a strong atmosphere for investment attraction across the city. At the same time, efforts have been made throughout the city to actively decompose tasks, forming 22 task lists, and comprehensively ensuring their implementation.
Attracting large investments and enhancing strengths, gathering momentum, forming chains, and building clusters. On March 28th, Lishui held the “Shining Core, Gathering Intelligence - Investment in Zhejiang” cross-border enterprise (Lishui) exchange event and fund investment matchmaking meeting - the signing ceremony for major industrial projects under the “Dual Attraction and Dual Retention” strategy. A total of 81 enterprises and institutions were invited, including 9 multinational corporations, 17 investment institutions, and 6 “specialized, refined, distinctive, and innovative” high-tech enterprises. During the event, 33 projects were signed, with a total investment of 60 billion yuan.
The signed projects cover five major ecological industrial leading industries: the entire semiconductor industry chain, precision manufacturing, health care, fashion industry, and digital economy. They also include five major industries aimed at enriching the people and strengthening the city: quality agriculture, cultural industry, tourism industry, forestry industry, and water economy. Additionally, emerging industries such as new energy storage and new energy materials are targeted, focusing on the industrial chain and implementing “chain-style investment attraction” to anchor new quality productivity and attract investment for the future.
Looking back on the first quarter, Lishui’s strategic emerging industries are continuously developing and growing. Emerging industries such as Songyang’s smart transportation, Liandu’s beautiful and healthy industry, Qingyuan’s biotechnology industry, Qingtian’s universe exploration, and Suichang’s new materials are seizing development opportunities. Counties of Yunhe and Jingning are focusing on the city’s semiconductor industry and exploring new paths for development through dislocation, moving towards the “new” and emphasizing “quality” transformation, accelerating the surge of new quality productivity.
To improve the investment attraction system, the Lishui Municipal “Dual Attraction and Dual Retention” office adheres to the principles of both quantity and quality, prioritizing project implementation and comprehensive evaluation. It leads the research and formulation of the “Assessment Method for the Responsibility System of Investment Promotion Objectives in Lishui City for the Year 2024” and optimizes the identification criteria and assessment rules for major industrial projects.
In 2024, investment attraction and talent recruitment are also in “harmonious resonance”. Lishui will fully promote the synergy of the capital chain, industrial chain, innovation chain, and talent chain, forming a positive flow chain to promote the rational allocation of various factors. It will continue to expand the scale of industrial funds, coordinate the leveraging role of various government-led industry guidance funds, attract top investment institutions, national and provincial-level industry investment funds to cooperate with our city, and drive the attraction of new quality productivity projects.
Preliminary statistics show that Lishui is in discussions for 81 projects worth over 1 billion yuan, with 72 in the manufacturing industry. Next, Lishui city will focus on implementing signed projects, starting projects, and initiating production for ongoing projects. It will urge all regions to integrate efforts for effective production with investment attraction, considering it as an important task.
The investment promotion of Lishui city in the first quarter has been sailing against the wind, forming a clear direction of “relying on attraction to surpass abilities, valuing projects as heroes, and evaluating achievements based on industries”. It adapts to local conditions to develop new quality productivity, promotes stable development through investment promotion, and constructs a path of transformation through quality and efficiency enhancement.