How RMB1 trillion of industrial output be generated inXiangyang?
To meet the goal, Xiangyang proposes to foster a modernized industrial system with "oneleading and seven pillar sectors" (namely auto and auto parts as the leading sector;equipment manufacturing, new energy-powered auto, new energy and material, electronicinformation, medicine and chemicals, intensive processing of agricultural product as pillarsectors). As of 2016, output from auto and auto parts sector is targeted to reach RMB400billion; output from intensive processing of agricultural product sector is aimed to exceedRMB200 billion; output from sectors like equipment manufacturing, electronicinformation, medicine and chemicals will reach RMB100 million respectively; and outputfrom new energy-powered auto, new energy and material will approach to RMB100 billionrespectively.
Reforms have been carried out in government authorities like Xiangyang City Economicand Information Technology Committee and Xiangyang City Investment AttractionBureau, so as to help facilitate the development of industrial system with "one leading andseven pillar sectors". The work mechanism featuring "one sector, one leadership team, onemaster plan, several funds, and one series of supporting facilities" has been put intopractice. As a result, in addition to that for existing auto sector, six regulatory offices andmatched investment attraction sub-bureaus have been established for the remaining sixsectors. In addition, a RMB1.5 billion worth of fund has been set up to underpin industrialdevelopment, by supporting enterprises to reshuffle and expand, relocate and renovate,introduce new projects, etc. Favorable policies and measures also have been stipulated toencourage the cluster development of competitive sectors.
As attracted by the upbeat business environment, China Mobile comes along with fourprojects (namely, to build a regional network center, regional logistical center, the secondcall center for mobile service users in the province, and provincial-level enterprise cloudcomputing center in Xiangyang) with a total investment of RMB10.29 billion.
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（Editor：HuangJin、Yao Chun）
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