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Helping foreign-invested firms
By Zhang Yi |
October 16, 2010, Saturday
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Hangzhou helps its foreign investors all year round, but every August is devoted to giving foreign-invested enterprises the latest tips and policy information to help them do business.
The annual Hangzhou Foreign-invested Enterprises Service Month was launched on August 18, introducing new measures and activities to better serve local foreign-invested companies.
Representatives from more than 300 companies attended the opening ceremony at Zhejiang Narada Grand Hotel. They were joined by officials from 29 local government departments, including Hangzhou Customs, Zhejiang branch of State Administration of Foreign Exchange, Hangzhou Tax Bureau and Hangzhou Statistics Bureau.
Highlights of this year's campaign included the update of the QQ-based (instant messenger, Chinese equivalent to MSN) "Foreign-invested Enterprises Service Platform," and the launch of the Hangzhou Foreign Trade and Economic Cooperation Bureau's "Weibo" (Chinese equivalent of Twitter).
Both Internet-based platforms provide company users with the latest policy changes and news updates. They are also encouraged to give online advice and suggestions to relevant government departments for instant feedback.
Government officials also provide foreign-invested companies with face-to-face services on a regular basis.
First launched in 2004, the Foreign-invested Enterprises Service Month this year attracted more participants than ever.
Li Ling, director of Hangzhou Foreign Trade and Economic Cooperation Bureau, says attendance shows that foreign-invested companies are eager to learn about the latest Chinese foreign trade policies and information.
She says it is crucial for local government departments to provide better service to foreign-invested companies to encourage them to stay and feel home in Hangzhou.
A policy consultation fair was held right after the opening ceremony. Officials answered nearly 200 questions posed by participants and provided advice on site.
During the month, industry experts gave talks on topics such as China's foreign trade policies, labor relations, the latest laws and how to solve financing problems.
Senior executives of foreign-invested businesses also met and discussed issues such as how to discover talent, how to establish a stable and harmonious workforce and how to establish an appropriate salary structure to reduce management costs.
Import and export business in Hangzhou has been growing steadily over the years, despite the economic downturn and the increasing exchange rate of the yuan against the US dollar.
Hangzhou Customs statistics show that from January to May, the city's total value of imports and exports reached US$19.46 billion, an increase of 29.7 percent year on year. Exports climbed 29.1 percent in the same period over last year to reach US$13 billion.
The annual Hangzhou Foreign-invested Enterprises Service Month was launched on August 18, introducing new measures and activities to better serve local foreign-invested companies.
Representatives from more than 300 companies attended the opening ceremony at Zhejiang Narada Grand Hotel. They were joined by officials from 29 local government departments, including Hangzhou Customs, Zhejiang branch of State Administration of Foreign Exchange, Hangzhou Tax Bureau and Hangzhou Statistics Bureau.
Highlights of this year's campaign included the update of the QQ-based (instant messenger, Chinese equivalent to MSN) "Foreign-invested Enterprises Service Platform," and the launch of the Hangzhou Foreign Trade and Economic Cooperation Bureau's "Weibo" (Chinese equivalent of Twitter).
Both Internet-based platforms provide company users with the latest policy changes and news updates. They are also encouraged to give online advice and suggestions to relevant government departments for instant feedback.
Government officials also provide foreign-invested companies with face-to-face services on a regular basis.
First launched in 2004, the Foreign-invested Enterprises Service Month this year attracted more participants than ever.
Li Ling, director of Hangzhou Foreign Trade and Economic Cooperation Bureau, says attendance shows that foreign-invested companies are eager to learn about the latest Chinese foreign trade policies and information.
She says it is crucial for local government departments to provide better service to foreign-invested companies to encourage them to stay and feel home in Hangzhou.
A policy consultation fair was held right after the opening ceremony. Officials answered nearly 200 questions posed by participants and provided advice on site.
During the month, industry experts gave talks on topics such as China's foreign trade policies, labor relations, the latest laws and how to solve financing problems.
Senior executives of foreign-invested businesses also met and discussed issues such as how to discover talent, how to establish a stable and harmonious workforce and how to establish an appropriate salary structure to reduce management costs.
Import and export business in Hangzhou has been growing steadily over the years, despite the economic downturn and the increasing exchange rate of the yuan against the US dollar.
Hangzhou Customs statistics show that from January to May, the city's total value of imports and exports reached US$19.46 billion, an increase of 29.7 percent year on year. Exports climbed 29.1 percent in the same period over last year to reach US$13 billion.
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