Nanming's utilization of actual foreign investment achieves new record

This year, Nanming district in Guiyang city, Southwest China's Guizhou province, saw a surge in actual foreign investment, reaching $20.37 million. This is a 22.5 percent year-on-year increase and places the district at the forefront of total investment and growth rate within the city.

This achievement marks the fifth consecutive year that the targets set by the Guizhou provincial and Guiyang municipal authorities have been exceeded.

Focused on high-quality development, Nanming has expanded channels for attracting investment and enterprises, making solid progress in stabilizing and boosting foreign investment.

The district has closely monitored key foreign investment projects. It has provided comprehensive tracking and management services to ensure timely responses to company needs and the prompt fulfillment, commencement, production, and effectiveness of major projects.

In September, the CPC Nanming district committee's top leaders visited the headquarters of Meituan, facilitating the establishment of a project that attracted foreign investment by early December.

A spokesperson for the Nanming district commerce bureau stated, "Meituan actively responded to the government's call to action. From project negotiations, registration, site selection, and actual foreign investment, the process took less than three months, showcasing the company's strong sense of social responsibility and efficient team execution. The influx of foreign investment has injected robust momentum into our district's economic development."

Nanming has also established a routine service management mechanism for foreign enterprises, engaging in proactive visits to understand their operational status, challenges, and demands, effectively addressing issues to continuously enhance the foreign investment environment and service standards.

Through strengthened collaboration with market supervision, foreign exchange management, financial institutions, and other departments, the district guides overseas investors in navigating foreign investment entry and project implementation processes.

A dedicated tracking approach is adopted for key foreign investment projects, particularly when providing end-to-end services to enterprises. This ensures the seamless coordination of land requirements, talent supply, and other essential elements to expedite project implementation and operations.

Nanming remains committed to regularly enhancing communication with foreign investment enterprises, promptly responding to their concerns, and delivering precise service guarantees.

Efforts will be intensified to explore resources and align with specific sectors within the industrial chain to grasp investment intentions and collaboration opportunities from businesses.