Gui'an New Area tops national new areas in industrial growth

Gui'an New Area's industrial added value grew by an impressive 79.5 percent in 2023 – leading all national new areas and marking a 29-percentage point increase on 2022 – and it continues to rise in the current year.

The industrial sector's first quarter contribution to GDP in Gui'an New Area reached 14.9 percent, with its impact on economic growth steadily rising.

Key indicators highlight the industrial boom. Large-scale industrial electricity consumption in 2023 totaled 2.1 billion kilowatt hours, a 76-percent year-over-year increase.

Industrial tax revenue also surged by 105 percent during the period. In terms of sustainable development, Gui'an achieved recognition for one national-level green park, one zero-carbon factory, four provincial-level green factories and one small-to-medium enterprise cluster.

The green economy's added-value accounted for 42.9 percent of GDP last year.

Gui'an leveraged its comparative advantages and aligned with national strategies, accelerating the construction of its "Three Major Industrial Bases." Major projects such as CATL's Guizhou Base and Chery's Guizhou Base commenced operations, along with smaller enterprises like Aviation Valley Power and Guangdian Wuzhou.

Moving forwards, plans are for Gui'an to continue to focus on the Strong Provincial Capital strategy, emphasizing six key industrial initiatives and advancing the Three Major Industrial Bases.

By 2025, Gui'an New Area aims to maintain double-digit industrial growth, sustaining its high-speed development trajectory.