Hunan Broadcasting System
Changsha is now one of the core cities in the Yangtze River Economic Belt and the Belt and Road Initiative, and also a pioneering area for China-Africa economic and trade cooperation. More than 164 Global 500 companies have established branches in Changsha. Known as the "Construction machinery capital of the world", Changsha has an industrial chain with construction machinery and new materials as the main industries, complemented by automobiles, electronic information, household appliances, and biomedicine. Since the 1990s, Changsha has begun to accelerate economic development, and then achieved the highest growing rate in China's major cities during 2000s. the Xiangjiang New Area, which is the first state-level new area in Central China, was established in 2015. Changsha also has a prominent media and publishing industry, and has been named the first "UNESCO City of Media Arts" in China. Changsha is home to Hunan Broadcasting System (HBS), the most influential provincial TV stations in China .