Measures issued to boost Guiyang, Guian's investment promotion progress

The Guizhou Investment Promotion Bureau in Southwest China's Guizhou rolled out eight specific measures at a news conference held on July 27 to boost the promotion of investment in its capital city Guiyang and Guian New Area. 

The plans state that by 2022, Guiyang and Guian will have a high-quality business environment, one year ahead of the rest of the province, and that by 2025, the two regions will have made key breakthroughs in the quantity and quality of investments they have introduced. 

To achieve this goal, the bureau will intensify efforts to assist Guiyang and Guian and attract more industries to Guizhou's capital. 

The eight measures involve information exploration, platform establishment, investment channel broadening, business environment upgrading, and governmental service improvement. 

Centering on the major fields of big data, electronic information, high-end equipment manufacturing, health care, green finance, service trade, and new energy vehicles, the bureau will lock its investment promotion targets onto several domestic and overseas business titans, including Huawei, Tencent, and Baoneng, and launch industrial-chain-oriented investment promotion campaigns to build a full-fledged industrial ecosystem and strengthen its deployment of headquarter economy programs in order to attract more Fortune 500 companies, China's Top 500 enterprises, and renowned merchant guilds looking to establish their headquarters in Guiyang and Guian. 

Ma Lei, director of the bureau, said the bureau will make all-out efforts to ensure that Guiyang and Guian attract more than 1 trillion yuan ($150 billion) of investments in place by 2025, and that industrial investments will account for no less than 60 percent of the total. By then, the number of dominant and powerful corporations introduced to the two regions is expected to hit 2,600.