Guiyang and Guian New Area in Southwest China's Guizhou province are planning to collaborate on investment promotion to attract over 30 billion yuan ($4.32 billion) in projects from outside of Guizhou.
According to a business environment assessment report conducted by Xiamen University and the Guizhou University of Finance and Economics, the business environment of Southwest China's Guizhou province in 2019 has improved significantly compared with 2018.
Southwest China's Guizhou province held a signing and launching ceremony of cloud platform projects in the provincial capital Guiyang on Feb 25, which involved 109 projects totaling 32.66 million yuan ($4.65 million).
The Guiyang bureau of investment promotion in Southwest China's Guizhou province recently issued 4.9 million yuan ($697,806.89) of subsidies to support companies resume work after the extended Spring Festival holiday caused by the novel coronavirus outbreak.
The first batch of 32 micro, small and medium-sized enterprises located at the Guiyang Economic and Technological Zone (GETDZ) in Guiyang, capital of Southwest China's Guizhou province, received a total of 7.15 million-yuan ($1.02 million) in financial support on Feb 24.
Xiuwen county in Guiyang, capital city of Southwest China's Guizhou province, reported that 19 of its enterprises above a designated size had returned to normal work and production as of Feb 10, with many others ready to resume output.