County in Shandong better business environment to empower enterprises

Louzhuang town in Caoxian county is driving economic growth by fostering a business-friendly environment. With a focus on stability and quality improvement, the town has created a supportive ecosystem for local enterprises, especially in wood processing and furniture.

One success story is Zhang Changwei from Daizhuang village. After graduating in 2018 and working outside Caoxian, Zhang returned in 2019, inspired by the town's business-friendly policies. He established Shandong Jianfengli Furnishings Co Ltd, achieving annual revenues of 18 million yuan ($2.47 million). By 2021, Zhang added Shandong Shunhang Furnishings Co Ltd for a combined revenue exceeding 60 million yuan by 2022.

These businesses have created over 120 local jobs and inspired 48 households to start their own companies, advancing Louzhuang's furniture industry towards precision, scalability, and digital innovation.

"Government support has been crucial. From land allocation to digital transformation guidance, their help has fueled our growth. Today, 'Jianfengli' is thriving and self-sustaining," Zhang said.

The new workshop for the 500,000-unit smart furniture production project in Tawan village, Louzhuang town, Caoxian county. [Photo provided for chinadaily.com.cn]

In 2024, Louzhuang consistently upholds the philosophy of prioritizing enterprises in economic development. So far, 214 micro-enterprises have been visited, over 300 issues resolved, and financing provided to 11 businesses. A new furniture industrial park has also been built.

Workers install and debug the newly acquired smart equipment. [Photo provided for chinadaily.com.cn]

"We're committed to addressing challenges, expanding support, and driving digital transformation," said Wei Qian, Party secretary of Louzhuang town.

Louzhuang town continues to enhance its business environment, empowering enterprises to unlock new potential. (Edited by Zhang Ying)