Bureau to focus on industrial project promotion

From January to August this year, Guiyang City and Guian New Area reported 61.9 billion yuan ($8.62 billion) of funds in place for all projects, 58.38 percent of which went to industrial projects.

Additionally, 287 enterprises new enterprises emerged in Guiyang, and a number of major projects, including Qingzhen's high-end new metal material manufacturing project and Kaiyang county's special fertilizer project, have been established in the city, according to Pi Qirong, head of the Guiyang bureau of investment promotion, in a recent interview.

Moving forward, Pi said that the entire business promotion system will focus on the attraction of State-owned enterprises (SOEs) and strengthening the roles of industrial chains, standardized workshops, chambers of commerce, and more.

Meanwhile, government officials were urged to leverage special funds, such as provincial and municipal funds for big data, industrialization and small and medium-sized enterprises, and enhance cooperation with renowned investment and financing institutions to encourage social capital, capital management teams and SOEs to jointly establish industrial funds.