Leader interprets investment promotion plan in five-year campaign

In January this year, the Guiyang government issued an investment promotion plan during a five-year provincial campaign to make Guiyang stronger.

Shi Song, deputy head of Guiyang bureau of investment promotion, interpreted the plan in a recent interview.

According to him, Guiyang is currently attracting investment through industrial chains, with special attention being paid to manufacturing projects and programs from key areas. Guiyang and Guian New Area are seeking more channels for finding business partners.

In answering new energy vehicle (NEV) industry-related issues widely discussed by netizens, Shi highlighted the industry as one of the city's key industries, and the power cell sector in the industry is expected to become a 100-billion-yuan ($14.92 billion) business.

Citing the document issued by the central government on supporting Guizhou to enhance strategic emerging industries, Shi said the policy has rendered more space for Guiyang to develop the NEV power cell sector.

Over the first quarter of this year, Guiyang has brought in 258 projects with 39.06 billion yuan in funds in place, reaching 24.4 percent of its annual target. In addition, 91 leading companies have set up operations in the city.