In 2021, foreign investment in actual use of the Guiyang Economic and Technological Development Zone (GETDZ) in Guiyang, capital of Southwest China's Guizhou province, exceeded $200 million.
GETDZ ranked first in Guiyang in terms of the proportion of actual utilization of foreign capital and the total amount of direct utilization of foreign capital.
Since the start of 2021, GETDZ authorities carried out 24 investment promotion activities in Suzhou, Hangzhou, Shenzhen, Guangzhou, Chengdu, Beijing and other places.
In addition, a number of foreign-funded enterprises such as Zhengchuang (Guiyang) Enterprise Management Co set up operations in GETDZ in 2021.
GETDZ also arranged for nearly 20 companies including Kostal (Guiyang) Electromechanical Co and Guizhou Zhanyang Power Heavy Industry Co to participate in activities such as the China International Import Expo and China-ASEAN Expo.
Furthermore, a cross-departmental collaboration and linkage mechanism for foreign-funded enterprises has been formed in GETZD to solve problems encountered in project implementation, production and operation.
In 2021, GETDZ solved various problems and provided services for 26 foreign-funded enterprises a total of 76 times.
Meanwhile, four foreign-funded enterprises in GETDZ joined the Guizhou Association of Foreign-Invested Enterprises to broaden channels for enterprise development.