Huangyan sees notable improvement in business climate

chinadaily.com.cn | Updated: 2021-03-04

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A staff works in a factory in Huangyan district, Taizhou, East China's Zhejiang province. [Photo /WeChat account: tzfb001]

Taizhou's Huangyan district has witnessed a great improvement in business climate in recent years.

An online service platform tailored for enterprises in the district has won recognition. Since its establishment in February last year, the platform has helped companies solve more than 1,880 problems to date, according to official data.

Special government officials have also been assigned to offer customized services for 452 key companies.

In addition, local authorities have made great efforts in easing financing difficulties faced by businesses.

Statistics show that a total of 2.4 billion yuan ($369 million) in loans were issued to 2,724 micro and small-sized enterprises in the past three months. Among them, 2,066 applied for loans for the first time. The combined value of these loans amounted to 1.6 billion yuan.

Taizhou is a national manufacturing hub for molds and plastics and has more than 12,000 companies in the industry. The output of injection molds in the city accounts for over one third of the total in China.