Baiyun exceeds annual investment attraction target

Baiyun district exceeds its annual investment attraction target through industrial development. [Photo/gzbaiyun.gov.cn]

In Guiyang, the capital of Southwest China's Guizhou province, Baiyun district has made great efforts in investment attraction since the beginning of this year. By November, the district had attracted 10.36 billion yuan ($1.58 billion) in investments, 103.61 percent of its annual target.

The district's investment attraction center will continue to attract investment oriented on industry, aiming to realize 8 billion yuan of industrial added value by the end of the 14th Five-Year Plan period (2021-25).

Based on its location advantage, Baiyun will carry out targeted investment attraction activities to improve its competitiveness. The district will also build industrial parks with an annual added value of 10 billion yuan, cut overcapacities and phase out backward production capacities.

Baiyun will also enhance investment attraction for sectors such as education, big data, the building economy and modern agriculture while improving its investment promotion team's professional level.