Sprint 100 billion food industry cluster! Tanigawa Union Bank helps baked goods production project to settle in Ningxiang Economic and Technological Development Zone
2021-12-27 12:00

“Recently, GuChuan United assisted Quanzhou Xinjinbaiyi Food Co., Ltd. in establishing operations in the Ningxiang Economic and Technological Development Zone in Hunan Province to invest in the construction of a baked goods production base. This project aligns closely with the food industry in the Ningxiang Economic and Technological Development Zone, and once completed and operational, it will effectively contribute to the further expansion and strengthening of the food industry chain.”

After years of dedicated cultivation and development, the Ningxiang West Industrial Corridor has attracted over a hundred enterprises across the food industry chain, with the total output value of the food industry growing steadily.

The Ningxiang Economic and Technological Development Zone has prioritized the development of the food industry chain as a key strategic initiative. It has successively been designated as the nation’s first “China Food Industry Demonstration Park,” “Hunan Food Processing Specialized Industrial Park,” and “Hunan Provincial Demonstration Base for New Industrialization in the Food Industry,” achieving remarkable results.

Recently, Guchuan United facilitated the establishment of Quanzhou Xinjinbaiyi Food Co., Ltd. in the Ningxiang Economic and Technological Development Zone, where the company will invest in building a baked goods production base. Once fully operational, the facility is expected to generate an annual output value of 300 million yuan, injecting strong momentum into the development of Ningxiang’s food industry.

Another Major Player Joins the Food Industry

Ningxiang Cultivates New Momentum for High-Quality Development

Food is the foundation of life, and safety is the top priority. Every grain of rice, every piece of meat, and every cup of milk touches the hearts of countless families.

For many years, the Ningxiang Economic Development Zone has vigorously supported local food enterprises, targeting industry leaders to strengthen investment promotion and resource integration. This has fostered a food industry cluster featuring the coordinated development of multiple food categories, including liquid foods, snack foods, condiments, dairy products, and deep-processed agricultural by-products.

Sprint 100 billion food industry cluster! Tanigawa Union Bank helps baked goods production project to settle in Ningxiang Economic and Technological Development Zone

Ningxiang has been a long-standing strategic partner of Guchuan United. As early as 2016, Guchuan United established a comprehensive investment promotion partnership with Ningxiang, focusing its efforts on key industries to fully advance the high-quality development of the county’s economy.

Quanzhou New Jinbaiyi Food Co., Ltd., which has recently established operations here, primarily produces green baked goods such as steamed cakes, chiffon cakes, and meat floss cakes. The company operates in the midstream of the snack food industry supply chain.

Sprint 100 billion food industry cluster! Tanigawa Union Bank helps baked goods production project to settle in Ningxiang Economic and Technological Development Zone

▲ Light cheese steamed cake product from Quanzhou Xinjinbaiyi Food Co., Ltd.

The company’s investment in this baked goods production project aligns closely with the food industry development in the Ningxiang Economic Development Zone. Once completed and operational, it will effectively contribute to the expansion and strengthening of the food industry chain.

Leveraging Industrial Chain Advantages

Kawagawa & Co. Facilitates Precise Project Introduction

It is reported that Ningxiang has already attracted leading enterprises such as Jinjian Rice Industry, Huaming Grain & Oil, Liushahe Huazhu, and Guangdong Wens in the upstream segment of the food industry chain. The downstream segment also features logistics and packaging support from entities such as the Dahexi Agricultural Products Logistics Center, Jiaqi Logistics, and Longsheng Plastics.

This comprehensive upstream and downstream support infrastructure means that once companies establish operations here, they can rapidly localize their raw materials, packaging, and logistics processes, saving significant time and reducing operational costs.

Furthermore, guided by industrial transformation and upgrading as well as production technology innovation, Ningxiang is vigorously developing “Smart Manufacturing + Food.” Its strong emphasis on the high-quality development of the food industry has created a powerful “magnetic field” of attraction.

Sprint 100 billion food industry cluster! Tanigawa Union Bank helps baked goods production project to settle in Ningxiang Economic and Technological Development Zone

Building on this foundation, the investment promotion team at GuChuan LianXing swiftly facilitated meetings between government officials and the company, provided full-time accompaniment during site visits, and coordinated solutions to various issues.

During the site visit, Quanzhou Xinjinbaiyi expressed strong approval of the development advantages of the Ningxiang Economic Development Zone. The park’s series of measures to optimize the business environment also allowed the company to feel its genuine sincerity.

Through continuous follow-up and coordination, Guichuan Lianhang ultimately facilitated the successful establishment of the project. The professionalism and efficiency of the investment promotion team earned high praise from both the park and the enterprise.

Today, driven by the Ningxiang Economic Development Zone, Ningxiang’s development achievements are dazzling: in the 21st National County-Level Economic Competitiveness Ranking, Ningxiang rose to 18th place nationwide; in the County-Level Economic and Comprehensive Development Ranking, it climbed to 15th place nationwide.

As a trusted service provider for regional economic development, GuChuan United will continue to view development from a broader perspective, continuously attracting high-quality projects, bridging industrial gaps, and strengthening industrial weaknesses to contribute to Ningxiang’s high-quality development.

Source: Investment Promotion Network
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