Baoshan Industrial Park to build 100-billion level industrial zone

Mar 09, 2017  |  by Shirley
In January 2017, the People’s government of Yunnan Province formally issued a document: in order to strive to promote the 8 key industries and the development of strategic emerging industries, and accelerate the upgrading and structural adjustment, it determines to cultivate the more than ten industrial parks as 100-billion level zone, based on the conditions and status as well as actual situation. So what makes Baoshan industrial park stand out and become a much-anticipated industrial base?
 
There is no doubt that Baoshan industrial park has great advantages, including unique geographic location, convenient traffic network, abundant power resources, livable natural environment and cheap labor cost. In addition, local government’s support make sure the healthy development of Baoshan industrial park.  
 
Innovative development model to create industrial assembly platform of Garden within garden
 
Adhering to the concept of “industrial development, gather first”, Baoshan city breaks the administrative divisions to assemble superior resources for dislocation development and optimize functional layout and industry positioning for communal building and sharing. The layout and construction of “Garden within garden” accelerate to realize the gathering development of five industrial clusters. Longling park focuses on new material(silicon) industry, Changning park on agricultural products processing and biomedical industry, Longyang park on information and big-data industry, as well as Shidian park on equipment manufacturing industry. A series of concentrated and assorted supports effectively reduce investment cost, improve the carrying capacity of the park, and extend the industrial chains, so as to make the “Garden within garden” as main battlefield for industrial development, main front for transformation and upgrading, as well as big platform for investment promotion.    
 
Innovative financial services to form 51+49 industrial policy with rapid expansion
 
In view of the problem of financing difficulty, Baoshan city creatively puts forward the “51+49”equity-debt mode, that is the municipal government accounts for 51% of the shares with land and plant, and enterprises occupies for 49% with equipment, so as to establish the government-oriented mixed ownership company. The government commissions intermediary companies to manage without direct participation in management, supervision and bonus. The company could repurchase government’s stake, after having enough capital. So it effectively solves enterprises’ problems of the lack of liquidity under the premise of ensuring state-owned assets.   
 
Innovative service concept to improve industrial matching ability in a full range
 
Baoshan city adopts creative service concept, on the one hand to improve infrastructure, public services, industrial services capabilities, on the other hand to promote the two core capabilities of public service and financial service, so as to boost the construction of the park. 
 
Baoshan Industrial Park combines with the unique geographical advantages and rich natural resources, land, labor, electricity and others, to build regional brand of “Baoshan textile”, on the basis of improving competitive industry, upgrading characteristic industry, developing potential industry, and matching strategic industry. The park responses to the call of the provincial government, to expand the park and cultivate pillar of the industry, so as to promote economic awakening, and  eventually enter into the top ten 100-billion industrial park! 
 
The rise of the industry must be market-oriented, with innovation as a means and efficiency as the core. As of now, roads, standard workshop and other infrastructure construction are rapidly advancing, investment makes great breakthrough, predicting that a 100-billion level industrial park for South and Southeast Asia has sprung up.

2024.12   

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