Guiyang powers ahead with investment promotion

A high-end wind power equipment manufacturing base breaks ground in Guiyang National High-tech Industrial Development Zone. [Photo/Guizhou news network]

In recent years, Guiyang, capital of Southwest China's Guizhou province, has been working to promote investment by attracting strong enterprises and developing industrial clusters.

In Nanming district in Guiyang, the Microview Electronics Co's "Electronic Paper Display" project was officially put into operation on July 25. The project, worth 1 billion yuan ($137.20 million), includes three new automated production lines and two special production lines. All products made by the company will be applied to multiple sectors such as retail, medical, transportation.

The company will give full play to the agglomeration effect of the upstream, middle and downstream supply chains to provide strong support for the promotion of the agglomeration and development of the electronic information manufacturing industry in Nanming.

So far, focusing on key industrial chains, the leaders at the city and district levels have promoted investment outside of the province 201 times and visited over 900 enterprises, leading to the signing of 38 contracts worth 2.28 billion yuan.

In the first half of this year, 168 new projects in seven major industrial chains were introduced, with an investment contract amount of 55.58 billion yuan.

In addition, efforts have also been made to leverage local leading enterprises to attract related enterprises and build an industrial ecosystem, construct standardized factories and make use of local industrial parks to introduce projects, and leverage platforms such as the Big Data Expo to promote investment.

Guiyang has also been improving its business environment and services to help enterprises grow and expand.