Major breakthroughs expected in future investment promotion

Huang Lidan explains why they chose Kaiyang to start a business in a TV interview. [Photo/guiyang.gov.cn]

In response to the central government's call, Guiyang in Southwest China's Guizhou province is doubling down on promoting investment.

Shi Song, deputy head of the Guiyang bureau of investment promotion, said that enterprises based in the Guangdong–Hong Kong–Macao Greater Bay Area, as well as firms directly administered by the central government, will be their future focus. They will work harder to ensure that 160 billion yuan ($25.28 billion) is invested in projects, including at least 90 billion yuan for capital projects.

In Kaiyang county, a 2-billion-yuan phosphogypsum comprehensive utilization base invested in by Yifu (Guizhou) New Material Technology Co is currently under construction. According to Huang Lidan, general manager of the firm, the project was located there due to the county's resources and investment environment.

Huang said that after the completion of the base, they will consider establishing the firm's research center in Southwest China.

At the workshop of Shenmei Technology (Guizhou) Co, also located in Kaiyang, a polluted water processing production line is operating with estimated annual revenue of 120 million yuan.

Bai Donghui, general manager of the firm, said in a TV interview that the firm is operating a water purification business for polluted industrial water and black and odorous water bodies.