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Ningxiang High-tech Zone supports capital market to serve real economy

By | nxiang.net| Updated:  Aug 22,2022 L M S
A special lecture on Ningxiang High-tech Zone's capital market serving real economy and the publicity of housing provident fund policy was held recently.


On the scene, heads of more than 80 key enterprises and financing institutions like SINOBOOM, WANSHSIN and BRUNP RECYCLING gathered to discuss relevant issues, contributing their due strength to building a 100-billion industrial park.

Since the beginning of this year, Ningxiang High-tech Zone has achieved steady progress in economic indicators, with remarkable achievements in industrial cultivation, continuous input in projects and effective enterprise assistance.

It has been recognized as a provincial recycling economic industrial park, and its battery material industry has been rated as a five-star industry for two consecutive years by the Ministry of Industry and Information Technology of The People's Republic of China.

In order to further implement the "strong provincial capital" strategy, better develop the economy of the industrial park and enhance the scale and strength of its enterprises, Ningxiang High-tech Zone has launched a series of activities to serve the real economy with capital market, receiving strong support from local financing institutions.  

"The Mihumis Technology Branch serves more than 400 enterprises in Ningxiang High-tech Zone, among which enterprises above designated size account for 41.6 percent. By the end of the second quarter of 2022, it had provided more than 8 billion yuan for enterprises in the industrial park," said manager of Changsha Bank Ningxiang Branch.

He also indicated that the bank will better satisfy the needs of enterprises in aspects like products innovation, service optimization and efficiency improvement, so as to deeply integrate with the development of the industrial park, enhance the quality and efficiency of enterprises and upgrade the local economic transition.

In order to further publicize the provident fund policy, relevant personnel in Ningxiang Management Department of Changsha Housing Provident Fund Management Center introduced the development process and the benefits of housing provident fund and encouraged enterprises to pay housing provident fund for employees.