Gui'an New Area elevates investment quality, efficiency

Since the high-quality development conference of Gui'an New Area was held a year ago, the area has seen remarkable achievements in investment promotion.

A total of 88 projects have been signed into effect, with agreements amounting to 49.22 billion yuan ($6.74 billion) and 17.64 billion yuan allocated for industrial projects.

Zheng Bin, director of the Gui'an New Area Investment Promotion Bureau, highlighted that over the past year, the area has prioritized large-scale industrial investment, stepping up efforts to drive high-quality development.

Focus on "What to Attract"

The bureau has concentrated on developing three major bases: a national computing power assurance base, a new energy vehicle and battery materials production base, and a significant national industrial backup base. This strategy has successfully attracted leading projects with strong growth potential and which are large in scale, including Tencent's and Huawei's intelligent computing centers and China Merchants Bank's data center.

Focus on "Who Attracts"

To streamline investment efforts, the bureau established an "8+3+3+N" system, detailed in the "Notice on Adjusting the Gui'an New Area Leadership to Promote Key Industrial Investment".

This system features eight specialized investment teams led by area leaders, leveraging the strengths of three industrial park management committees, three State-owned platform companies, and third-party industrial parks to consolidate investment efforts.

Over the past year, these teams have conducted 95 outbound trips, visiting 325 enterprises. They have also hosted 180 inbound visits, receiving 628 enterprises for on-site inspections.

Currently, 75 key projects are under negotiation, with a proposed investment total of 29.95 billion yuan, and 126 potential project leads have been identified.

Focus on "How to Attract"

The bureau has enhanced its investment attraction methods by strengthening fund-based investment, leveraging funds to support enterprise growth, and improving conditions for enterprise settlement through standard factory buildings, thereby continuously increasing the utilization rate of these facilities; and others.