“According to preliminary statistics, the Sinotruk Group R&D center project that was introduced in May last year will increase the output value of at least RMB 1 billion to Xiaoshan and its neighboring auto parts factories in one year; and from January to April this year, the operating income of the tertiary industry will increase year-on-year. An increase of 29.08%; an increase of 590 million yuan in tertiary industry, a year-on-year increase of 12%.” On June 2, the relevant person in charge of the Xiaoshan Economic and Technological Development Zone first introduced this set of data during an interview. It is reported that this is a new atmosphere brought about by the development zone's efforts to attract investment and storming the modern service industries such as the headquarters economy, research and development centers, and airport logistics.

As we all know, the development zone is the main battlefield for local investment promotion. Under the current economic situation, investment in industrial projects has increasingly faced restrictions on land, energy and other factors. In this regard, the Xiaoshan Economic and Technological Development Zone has transformed its business investment targets. As one of the two auto parts bases in the country, Xiaoshan has thousands of related manufacturers, but it has always lacked a systematic R&D center. Leaders of the Xiaoshan Development Zone have spotted this and conducted various efforts. Finally, in May of last year, they introduced the R&D center of CNHTC Group. After the introduction of the R&D center, it not only doubled the annual output of diesel engines from Hangzhou Engine Co., Ltd., a subsidiary of the CNHTC Group. More importantly, it also drove at least 1 billion yuan in the annual output value of auto parts in the surrounding area of ​​Xiaoshan.

Li Kekuan, general manager of Sinotruk Hangzhou Engine Co., Ltd., said in an interview with reporters that the R&D center settled in Xiaoshan Economic Development Zone and provided good hardware conditions for Xiaoshan local and surrounding auto parts companies, which is beneficial to these parts and components. Better matching with the engine, better performance, but also including the reliability of the verification is also very convenient. The support of technology has greatly enhanced the market competitiveness of these companies, and the increase in the entire output value has become a matter of course.

According to reports, since last year, the Xiaoshan Economic and Technological Development Zone has also introduced a number of high-quality tertiary production projects such as the Zhejiang Sales Department of Sany Heavy Industry, the R&D center of the core liquid-control system for construction machinery, and the logistics of Jiuzhou Tong Medicine. These three production projects will soon produce benefits after they settle down. According to statistics, between January and April of this year, the total investment and investment projects in Xiaoshan Economic and Technological Development Zone have decreased compared with the same period of last year, but its tertiary industry’s operating income has increased by 29.08% year-on-year; Billion yuan, a year-on-year increase of 12%, and investment in tertiary industries has become a new growth point in Xiaoshan's regional economic development.

Zhou Maochang, deputy director of the management committee of Xiaoshan Economic and Technological Development Zone, said that they will continue to do a good job in tertiary industry investment and upgrade the strength of the economic development zone through industrial transformation and upgrading, thus surpassing the global financial crisis. He predicted that there will be great hope for the development zone to maintain a 30% growth this year.