Guizhou encourages enterprises to invest

A cross-border e-commerce industrial park in Guiyang, capital of Guizhou province. [Photo/guiyang.gov.cn]

Since the beginning of this year, Southwest China's Guizhou province has been encouraging investment and business promotion by rolling out a slew of policy measures.

The investment promotion strategy that is based on the province's existing industrial chain has been adopted into the work. Efforts have also been made to bring in enterprises in emerging industries, such as new energy power cells and materials, advanced equipment manufacturing, digital economy, and life and health.

Business promotion activities targeting State-owned enterprises, as well as major events such as Guizhou Entrepreneurs Conference, have been organized and held. Government officials from the provincial investment promotion team have also deepened cooperation and exchanges with their overseas counterparts, as well as with a variety of chambers of commerce.

A dialogue and work mechanism has been set up between Guizhou and key regions, including Hong Kong, Guangdong, Macao, and the Yangtze River Economic Belt.

Guizhou authorities have also organized visits to Hong Kong, ASEAN countries, Japan, and South Korea to bring in new projects.

Guizhou also released its three-year plan for business environment improvement this year. This is set to optimize relevant government services, and enhance social credit systems. Meanwhile, environments involved in government affairs, law-based governance, market, openness, and development will also be optimized to enable more enterprises to settle in Guizhou.