Published by ChinaMNC · Gaozhou
Maoming’s All‑Out Investment Push: What Foreign Founders Need to Know
Maoming’s new investment strategy emphasizes practical support for businesses, with reforms in land, approvals, financing, and training. Foreign founders can leverage these policies for smoother market entry.
Maoming’s New Investment Strategy: Key Takeaways for Foreign Founders
On October 26, Maoming held a work conference for its “All‑Time, All‑Region, All‑Staff Major Investment” command center. The meeting reviewed progress on newly signed, newly started, and newly operational projects (the “Three New” projects) and aimed to improve the quality and efficiency of investment promotion and project construction. The conference was chaired by Wang Xiongfei, Secretary of the Municipal Party Committee, and attended by Chen Qiusheng, Chairman of the Municipal CPPCC.
For foreign founders considering establishing or expanding operations in China, Maoming’s approach offers valuable insights into local government priorities and support mechanisms. This article summarizes the key points from the official meeting and explains how they might affect your business decisions.
Why Maoming Is Prioritizing Investment
Wang Xiongfei stated that the “All‑Time, All‑Region, All‑Staff Major Investment” initiative is a concrete measure to boost the economy, industry, and manufacturing. It is also a key step to address the city’s single‑industry structure and insufficient industrial support. He called on all departments to strengthen confidence, tackle difficulties, and focus on the actual landing of enterprises and projects. The goal is to create a strong atmosphere of focusing on industry and investment, and to ensure a successful start for the “15th Five‑Year Plan” period through tangible investment results and project achievements.
Practical Measures for Investment Promotion
To achieve tangible results, Wang emphasized several practical measures:
- Improve lead collection: Enhance the mechanism for gathering investment leads, strengthen precise thinking, fully demonstrate and scientifically evaluate key leads, and strictly control project admission.
- Leverage AI: Use AI technology to build a practical and cost‑effective digital investment platform to improve the scientific and precise nature of investment promotion.
- Establish evaluation standards: Create assessment criteria that include new above‑scale industrial enterprises, “Four Above” enterprises, growth in signed, started, and operational industrial projects, and improvements in major economic indicators such as above‑scale industrial added value and fixed asset investment.
- Combine external and internal growth: Attract large and strong external investors while supporting local enterprises in capital increase and expansion, ensuring that each project is completed successfully.
Focus Areas for Investment
Wang highlighted the need to focus on the “3663” modern industrial system and target hundred‑billion and trillion‑level output values. Key areas include:
- Electronic information industry: Cultivate and expand this sector.
- New materials: Develop chemical new materials, metal new materials, and electronic new materials.
- Investment methods: Conduct investment promotion through hometown connections, business‑to‑business, industrial chains, and scenario‑based approaches to build Maoming’s industrial “four beams and eight pillars.”
- Food processing: Leverage the city’s agricultural foundation to strengthen and expand food processing.
- Pharmaceutical intermediates: Use chemical raw material advantages to continue tackling pharmaceutical intermediates and cultivate new industrial growth points.
Service Guarantees for Enterprises
To support enterprises, Maoming will implement the “local whistle, department report” mechanism, focusing on the two issues most frequently raised by businesses: land and approvals. The city aims to integrate service into the approval process and break through bottlenecks such as land acquisition and demolition, urban development boundaries, construction land indicators, and revitalization of inefficient land. Additionally, measures will be taken to reduce overall corporate costs, including:
- Accelerating the connection of the natural gas pipeline “county‑to‑county project” to industrial parks.
- Coordinating guarantees for gas, energy, labor, and sea use.
- Closely matching corporate financing needs, leveraging government industrial funds, and expanding fund cooperation networks to inject financial vitality into high‑quality corporate development.
Training and Capacity Building
Wang stressed the importance of strengthening business training. Departments at all levels should increase investment promotion training to comprehensively improve the professional quality and practical abilities of officials. Municipal departments such as natural resources and ecological environment should regularly organize policy publicity and business training to help frontline staff in counties and towns firmly establish service awareness, fully and flexibly use various policies in accordance with the law, and promote early project landing, early start, and early operation.
Industrial Battle and Annual Targets
Wang also emphasized the need to win the industrial battle. City and county work teams should strengthen overall scheduling, ensuring daily, weekly, monthly, quarterly, and annual progress to stabilize the industrial foundation. All departments should intensify efforts, visit key enterprises, focus on the critical two months at the end of the year, and do everything possible to stabilize existing operations and tap new growth, mobilizing all positive factors to resolutely complete annual targets.
The meeting was attended by members of the Standing Committee of the Municipal Party Committee, vice mayors, and relevant leaders from the Municipal People’s Congress and CPPCC.
How Foreign Founders Can Benefit
For foreign entrepreneurs looking to enter the Chinese market, Maoming’s policies signal a business‑friendly environment with concrete support mechanisms. The focus on land and approval processes, cost reduction, and financing options can ease the establishment and operation of a company. The emphasis on industrial chains and new materials may create opportunities for foreign firms in related sectors.
If you are considering setting up a company in Maoming or elsewhere in China, ChinaMNC can provide guidance on registration, compliance, and operational matters.
Next Steps
Foreign founders interested in learning more about registering and operating a company in China can contact ChinaMNC on WhatsApp or WeChat at +86 153 1898 8535 for assistance.
This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.