Green channel provides speedy, convenient service

(chinadaily.com.cn) Updated: 2017-05-12

Weichai Weifang New Energy is one beneficiary of the "green channel" services.

"We are in the category of emerging industries. We want to introduce our products to the market in the quickest manner to better capture business opportunities," said Wang Yulong, a legal adviser of Weichai Group. "The 'green channel' services reduced waiting time by two-thirds."

Oulong Electronic, which settled in the zone in 2006, is another beneficiary of the "green channel" services. The business had to change its business registration to be listed in the capital market.

"The application process for a business registration change is very complex. We had no idea about the process," said Yao Yan, deputy general manager of Oulong.

Oulong successfully changed its business registration information with support from the zone.

"The zone's support provided a solid foundation for our listing plan," Yao said.

Fifty projects, with total investment of 24.4 billion yuan ($3.54 billion), have been launched in 2017 to serve the zone's long-term development goals.

The zone's authorities consider major project construction to be an important factor in supporting the region's economic growth.

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