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On July 31st at 9:00 AM, the Shiyan Economic Development Zone in Hubei Province witnessed a vibrant scene as flags and banners fluttered across the village. The Shiyan Wenzhou Auto Parts Industrial Park, a project initiated by the Wuhan Wenzhou Chamber of Commerce, officially broke ground on this day. Notable attendees included Su Xiaoyun, a member of the Standing Committee of the Hubei Provincial Party Committee and Minister of the United Front Department; Huang Bo, Deputy Secretary of the Provincial Party Committee United Front Work Department; and several other officials from the provincial Federation of Industry and Commerce and Ruian City.
The Shiyan Wenzhou Auto Parts Industrial Park was one of the key projects signed under the Guangcai Enterprise Danjiang Reservoir District initiative in October 2005. It marks a significant step for the Wuhan Wenzhou Chamber of Commerce in establishing a manufacturing base in Hubei. With an investment plan of 500 million yuan, the park is designed with a "big park, multi-production space" concept, featuring a multi-story standard factory model. It aims to offer high-end, community-style property management services to support businesses. The first phase will cover 440 mu (approximately 29.3 hectares), accommodating around 30 small and medium-sized enterprises, with an expected investment of 1.2 billion yuan. The project is scheduled for completion by April 2008. After five years, it is projected to generate an annual production value of 3 billion yuan and contribute 200 million yuan in taxes.
Vice Mayor Zhang Weiguo, speaking on behalf of the city's leadership, praised the project’s foundation. He emphasized that the Shiyan Wenzhou Industrial Park plays a crucial role in attracting investment and improving the quality of auto parts products, and it has been included in this year’s “double-billion project.†He stressed that developing industrial parks is essential for new industrialization. All city departments must strengthen their leadership and coordination in the construction of such parks, focusing on planning, investment promotion, and enterprise management. He also urged the development of preferential policies to ensure the park's long-term success, while maintaining a high standard of planning and accelerating the project’s progress to make a positive contribution to Shiyan’s economy.
Huang Bo, representing the Provincial Party Committee United Front Work Department, the Provincial Federation of Industry and Commerce, and the Provincial Glory Promotion Association, expressed his congratulations on the project’s completion. He highlighted that the park is located in Shiyan, a city with strong entrepreneurial spirit. He encouraged local authorities to fully support the park by providing top-quality services and creating a favorable environment for business growth. The park should focus on accelerating infrastructure development, attracting more enterprises by lowering entry barriers, improving the environment, and offering quality services. Additionally, it should adopt scientific development methods to optimize product structures, enhance quality, build strong brands, and expand both domestic and international markets. Finally, it should be developed in accordance with national standards, ensuring effective management and sustainable growth, aiming to become the most influential auto parts hub in Hubei.
For more insights, explore related topics such as the Shiyan Auto Parts Market Analysis.