In the first quarter of the year, the industrial output of the Guiyang National High-tech Industrial Development Zone (Guiyang HIDZ) – located in Guiyang, capital of Southwest China's Guizhou province – hit 7.69 billion yuan ($1.15 billion), which is 1.19 billion yuan more than the target for the period.
In this period, funds in place for newly-introduced industrial projects came in at 4.71 billion yuan, which was 142.78 percent of the annual target set by Guiyang for the Guiyang HIDZ.
Completed fixed asset investment in the Guiyang HIDZ in the first quarter was 3.51 billion yuan, a year-on-year increase of 11.6 percent.
Meanwhile, a total of 1.69 billion yuan in industrial investment was completed, 105.4 percent of the first-quarter target set for the zone by Guiyang.
The business income of the zone's 5-million-yuan software and information technology service industry in the Guiyang HIDZ reached 3.06 billion yuan in the first quarter, a year-on-year increase of 21.62 percent.
Additionally, by the end of the first quarter, the Guiyang HIDZ was home to 257 research institutes, 463 innovation service agencies and 60 business incubators.
An additional 150 high-tech enterprises are expected to open in the Guiyang HIDZ by the end of this year.