2.4 billion yuan for returning projects in Yuyao

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Category: Ningbo District

Published: Tuesday, 02 April 2013 10:01

Recently, Yuyao County has been awarded for the first time the “bronze medal” for promoting Ningbo’s development by supporting the entrepreneurship and innovation of returned businessmen with Zhejiang origin. 
Implementing the returning projects (for businessmen with Zhejiang or Yuyao origin) is an important policy for Yuyao County, in accordance with the overall arrangements by the provincial government and Ningbo municipal government. To promote the task, the mechanism of supporting innovations by entrepreneurs of Zhejiang origin has been adopted. Governments and departments of all levels have list in their annual working plans such tasks as supporting ventures and innovations by returned entrepreneurs and implementing returned projects. With the strengthened coordination and responsibility-undertaking mechanism, all the related departments and related leaders have formed the working pattern of correlation and cooperation. With the six related documents on supporting returned entrepreneurs to start businesses and implement innovations, Yuyao County has established the overall objective of implementing the returned projects by entrepreneurs of Zhejiang and Yuyao origin. 

Meanwhile, through the mobilization meetings for returned entrepreneurs, Yuyao government hopes to attract those entrepreneurs with outside ventures to return to the county with their projects or investments, to foster their enthusiasm for starting business at their hometown, and to create an atmosphere of respecting and supporting businesses in the whole society. Yuyao United Front Work Department of the Party Committee and Yuyao Federation of Industry and Commerce will make it one of their major tasks to establish the complete database for outside entrepreneurs of Yuyao origin. Yuyao Investment Promotion Bureau and the Federation of Industry and Commerce will investigate and comb the potential returned projects by tracing them closely, and promote the smooth settlement of the projects by making breakthroughs in some difficult ones. 
Statistics show that so far, there have been four chambers of commerce in such cities as Hangzhou and Qindao, and 48 returned projects (including 35 industrial projects and 13 trade or public-service projects), with a realized investment of 2.4 billion yuan, which will bring about a strong motive force for promoting the economic transformation and upgrading of Yuyao County and for its economic uprising