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Investment promotion and talent introduction started in Cixi

Cixi Renjian Pharmaceutical Co., Ltd recently opened a new company, with an expected investment of 50 million Yuan in 2013 and the aim of introducing an American research group on new anti-myeloma medicine. “The far-reaching significance of the introduction is that we can continually develop new medicine”, said Cen Jian, who is in charge of the company. 
The introduction is seen as a prelude to Cixi investment promotion and talent introduction, which is expected to advance the development of the secondary industry in the period of global economic slowdown. To break the development bottleneck faced by enterprises in economic and social transformation, it is proposed to strengthen enterprises, key industries, industry platforms and innovation capacity. 
An amount of 10 million Yuan has been offered to award enterprises that introduce talent groups and authorities that excel in the introduction. 2%-5% of the enterprises can be awarded and the highest award for authorities reaches 1.2 million Yuan. 


To introduce more talents, enterprises set up a HR development and management mechanism characterized by stressing on people’s value. Now the number of talents in Cixi exceeds 200,000 with 22 being introduced for the emerging industries and one included in the recruitment program of global experts. 
In the promotion and introduction, projects of high and innovative technologies are the most important. After succeeding in introducing the first international large-scale and low-cost Graphene production line in 2012, Cixi this year pays close attention to the Top 500 in China and abroad and to industries in areas of Hongkong and Taiwan and in European and American countries. Among the total investment of 20 billion Yuan, the contract utilized foreign capital is planned to achieve 390 million USD and the actually utilized foreign capital 200 million USD. The domestic capital will reach 380 million Yuan.

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