Guian CBZ inks 27 investment projects over 8 months

The Guian Comprehensive Bonded Zone (CBZ) in Southwest China's Guizhou province brought in 27 investment projects over the first eight months of this year, valued at 5.02 billion yuan ($699.29 million).

Seven of the projects are foreign-invested and three are funded by domestic enterprises.

"We chose to set up operations in the CBZ because over 95 percent of our products and raw materials are bought and sold overseas. The zone has granted us many favorable policies in terms of workshops and logistics, and the industrial park also serves us well," said Tang Lede, vice general manager of Gtek (Guizhou) OPTRONICS Technology Co.

Based in the CBZ since 2016, the firm specializes in the research, development, production, and sale of liquid crystal display panels. Its products are applicable to various smart devices such as tablets, laptops, car electronics, monitors, computers, and televisions. After several years of development, it has established over 20 production lines and has been recognized as a green factory in Guizhou province.