Guiyang has signed 694 industrial projects in the first half year of 2019, with a total investment of 100.46 billion yuan ($14.58 billion). To date, the funds received from the newly signed industrial project accounts for 58 percent of the annual target, according to the Guiyang Municipal Investment Promotion Bureau.
To boost market vitality, Guiyang has deepened opening-up by attracting investment and key projects. More than 90 percent of the newly signed projects have been launched, including: 45 modern manufacturing projects with a total investment of 28.49 billion yuan, including BYD Auto intelligence industrial park in Guiyang High-tech Zone and Guizhou Hanergy industrial base project (first phase); 121 big data industrial projects with a total investment of 10.44 billion yuan, including the Dell Guiyang software service outsourcing base project and the smart tire leasing platform project; 44 health industrial projects with an investment of 5.15 billion yuan, including a medical imaging cloud-service platform project and the BolDere logistic distribution center project; 95 urban agriculture projects with an investment total of 5.78 billion yuan, including the rare edible fungi cultivation industrial park in Nanmudu town and the vegetable planting and nutrition food providing project in Xifeng county; as well as 152 culture and tourism projects with an investment 26.97 billion yuan, including the Luckin Coffee (Guiyang) cultural communication headquarters project and the Wanda Film City Guizhou headquarters project.
From January to June of this year, Guiyang municipal government leaders have guided investment attraction involving more than 80 billion yuan in project value. The Guiyang Municipal Investment Promotion Bureau has organized investment attraction events through various meetings and expos. One example was during the China International Big Data Industry Expo, held in May in Guiyang. Fifty Guiyang municipal projects have been signed, valued at 51.48 billion yuan in total.
The Guiyang Municipal Investment Promotion Bureau noted that additional investment attraction will focus on middle and high-end manufacturing, commerce, as well as trade and consumer goods manufacturing in the second half of the year.
Li Hanyi contributed to this story
