Guiyang bureau prioritizes industrial investment

Statistics collected show that from January to November last year, Guiyang city in Southwest China's Guizhou province posted 149.33 billion yuan ($23.47 billion) in place for projects contracted, in which capital from industrial projects came in at 73.29 billion yuan, accounting for 49.08 percent of the city's total.

Meanwhile, 353 new leading businesses were introduced to the city, as well as 471 industrial projects – of which 418 were in manufacturing – along with a series of representative projects. Those settling in Guiyang included a new energy power cell project from CATL and a lithium battery material project from Hunan Zhongke Electric Co.

Pi Qirong, head of the Guiyang bureau of investment promotion, highlighted the breakthroughs achieved last year.

The senior official said that by combining multiple investment promotion strategies and making full use of investment promotion sites, digital platforms and cross-regional investment marketing campaigns – in Guizhou, Zhejiang and Jiangsu provinces – 213 projects were signed up. Currently 91 projects of these have started construction.