Annual investment promotion goal set up in Guiyang

The 2023 investment promotion target for Guiyang, Southwest China's Guizhou province, has been set. The city plans to bring in more than 160 billion yuan ($23.61 billion) in capital, with about 90 billion yuan to go toward industrial projects, as well as see 420 new enterprises established.

Pi Qirong, head of the Guiyang bureau of investment promotion, said that more emphasis should be placed on the construction of standardized workshops, industrial chains, and State-owned enterprises. Efforts should also be made to attract a series of large-scale, high-tech projects with strong potential.

In addition, on-site business attraction is also considered an effective way to boost connectivity between Guiyang and investors in other parts of China.

The Guishangyi platform will be used to establish a closed-loop full-life-cycle project management mechanism to ensure the early establishment, launching, and operation of a project.