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GETDZ's foreign direct investment surges in 2020

english.guiyang.gov.cn |Updated: 2021-03-18 17:02:30

Foreign direct investment in the Guiyang Economic and Technological Development Zone (GETDZ) surged in 2020 to hit $178.26 million, a year-on-year increase of 21.27 percent, of which the direct use of foreign capital was $73.29 million.

Both the zone's foreign direct investment and the direct use of foreign capital reportedly ranked first in Guiyang.

Over the past year, GETDZ has actively participated in important events such as the China International Import Expo in order to gauge the investment trends of internationally renowned companies and the top 100 companies in industry.

Its representatives have held meetings with more than 60 foreign businessmen and successfully signed up three foreign investment projects.

In terms of employment, logistics and capital, GETDZ helped foreign-funded enterprises overcome difficulties due to the COVID-19 epidemic.

It donated a number of anti-epidemic supplies -- such as masks, ethanol, disinfectant and rubber gloves -- to the foreign-funded enterprises. It also assisted in contacting supply channels for anti-epidemic materials and helped the companies resume work and production.

GETDZ also organized online job fairs to recruit talent for foreign-funded enterprises.

In addition, it implemented foreign investment laws and policies, to ensure that foreign-invested enterprises got fair and equal treatment in respect of human resources, capital, land use rights and natural resources in accordance with the law.

Meanwhile, GETDZ provided one-stop government affairs services for foreign-invested enterprises, improving the general level of foreign investment facilitation.

 


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