Gaomi unleashes new development vitality

The Xingyu Chengyang Material Co in Gaomi city, Shandong province, is bustling with activity as construction progresses rapidly. Its project, with a total investment of 1.05 billion yuan ($148.89 million), will produce ultra-high molecular weight polyethylene fibers, targeting an annual output of 700 million yuan.

This year, Gaomi aims to allocate 52.9 billion yuan in investment for 100 key projects, 34 of which are now in the provincial and municipal key project databases. A total of 180 new projects, with an investment of 21 billion yuan, have commenced, indicating strong momentum for high-quality development.

Factory's bird's-eye view. [Photo provided to chinadaily.com.cn]

Gaomi has focused on addressing the challenges faced by enterprises, having resolved 66 key issues and secured over 283.2 hectares of land. With a 60.7 percent investment completion rate for key projects, Gaomi is fostering a thriving business environment, achieving a 98 percent satisfaction rate among enterprises through its streamlined services. (Edited by Lin Li)