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Guanshanhu district reports surge in industrial investment

english.guiyang.gov.cn|Updated: 2020-09-03

From January to July this year, Guanshanhu district in Guiyang city, capital of Southwest China's Guizhou province, attracted industrial investment worth 1.41 billion yuan ($205.56 million), a year-on-year increase of 66 percent, according to the district's industry and information technology bureau.

The surge in investment came as the bureau strengthened its guidance for projects and helped companies with paperwork, allowing them to benefit from more convenient government services.

For key projects, special personnel were arranged to help coordinate and resolve procedures for energy assessments and environmental assessments in a timely manner and to supervise and help with building demolitions.

In addition, the bureau announced the latest support policies and development policies had been put promptly in place and it actively helped enterprises apply for policy funding support on all levels.

Since the start of the year, a total of 24 approved businesses have applied for provincial and municipal projects.

Of these, four received provincial industrial funding of 5.4 million yuan and two enterprises received municipal special funding of 700,000 yuan.


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