Culture and Travel Special

Specific service to enterprises helps economic growth in Shandong's county

Updated:2024-07-17

Since the beginning of this year, Guyingji town in Caoxian county, Shandong province, has focused on supporting the development of local enterprises. By offering targeted services, the town has successfully transformed its industrial and resource advantages into economic growth.

Heze Jinqi Technology Co specializes in producing upholstered furniture, including fabric sofas and smart beds, which are exported to numerous countries and regions worldwide. With the support of the enterprise assistance team in Guyingji town, the company began construction last September, completed it in March, and started production in May. This remarkable achievement enabled them to go from groundbreaking to production within just one year.

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Workers are busy at producing in the Heze Jinqi Technology factory. [Photo by Sun Peng/for chinadaily.com.cn]

"From the start of construction to installation of equipment, our biggest challenge was securing funding. When the local town government became aware of our situation, they helped us communicate with financial institutions. Thanks to their support, we secured loans totaling 13 million yuan ($1.79 million), which allowed us to complete the project and start production smoothly," said Miao Guo, general manager of Heze Jinqi Technology.

Guyingji town prioritizes enterprises as the cornerstone of local economic growth, providing precise services tailored to key enterprises and projects. These services include assistance with business formalities, talent recruitment, financing, and skills training. This commitment to creating a high-quality business environment has significantly bolstered enterprise development. Consequently, the local economy is experiencing a positive trend of recovery and improvement. (Edited by Zhang Ying)

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