Baiyun signed off on eight major investment projects on Sept 16.
Baiyun is reportedly expanding the development of its forest-based economy, as an important measure to boost the region's rural revitalization.
Baiyun district signed a cooperation agreement with Shenzhen Yitian Group on April 14, solidifying their partnership for the Fanhuali (Donghuali) commercial project.
Baiyun district in Guiyang, the capital city of Southwest China's Guizhou province, will promote the construction of 79 key and major projects with an investment of more than 16 billion yuan ($2.45 billion).
This project is based in the Shuicheng Economic Development Zone, Liupanshui, Guizhou province, and involves the construction of production lines and facilities for cathode materials including lithium cobalt oxides, LiFePO4, lithium manganate and ternary materials.
A logistics park with a 900-mu planned area, a concentrated warehousing zone, a combined transport zone, a road transport zone, a comprehensive service zone, and a supportive zone.