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Invest in Yunyan

Updated: 2020-04-13

Yunyan district, the main urban area of Guiyang -- the capital city of China's Southwest Guizhou province -- is an important political, economic and cultural center of the prominent metropolis.

Yunyan governs 27 community service centers, one town and one industrial park. The land area of the district is 9,357 hectares, with a population of 1.35 million. It is the smallest administrative area in the province, with the largest population density.

In recent years, Yunyan has insisted on innovation-driven and opening-up driven development models and has optimized its business environment via the introduction of technology, capital, recruitment and other resources, as well as successfully attracting to the district a variety of scientific and technological innovation elements.

Its modern services and innovative industries have made great progress over the period.

At present, Yunyan has taken the lead in becoming a diverse, well-endowed and affluent society and is continuing its advances towards modernization.

As a window of the provincial capital, Yunyan has outstanding advantages in its location, natural environment and economic elements.

Location advantages

Yunyan is located in the hinterland of central Guizhou, boasting efficient and convenient transportation. It is only 10 minute’s drive from Guiyang Longdongbao International Airport and Guiyang North Railway Station. Five highways that connect cities and prefectures in Guizhou province converge here.

Meanwhile, it has rail transits points running throughout the whole district, which boasts 21 stations and four transfer stations.

Yunyan also have four higher education institutes and three top-level hospitals with complete medical facilities.

Excellent natural environment

Owing to its cool and pleasant climate, Yunyan has a superior natural environment. It has an average annual temperature of 15.3℃. In recent years, the numbers of days with excellent or good air quality have continued to remain above 90 percent throughout the whole year. Moreover, Yunyan is far from seismic zones so that natural disasters rarely occur. 

Yunyan is also a tourism and culture center in Guizhou due to its rich cultural and natural features including Qianling Mountain, the Wenchang Pavilion and Xiaoguan Lake.

Economy, social development thrives

The levels of economic and social development in Yunyan district have put it at the forefront of Guizhou province and its total economic output has ranked it first there for 16 consecutive years.

In 2018, the region's GDP reached 80.57 billion yuan.

With all these dynamic economic factors considered, Yunyan district has proved to be a magnet for major companies who have chosen to locate there. Officials say that some 80 percent of all the headquarters of financial institutions in Guiyang are now located in Yunyan.

As a result, the Guizhou provincial government has introduced support measures for Yunyan’s development. Investment projects in Yunyan are provided with quality services in areas such as land, finance, recruitment and market access.

Leading industries

The tertiary industry is an important part of the Yunyan economy. 

While consolidating and developing its traditional catering and commerce industries, Yunyan district is also promoting the building economy and implementing a headquarters strategy, while also focusing on developing modern service industries such as finance, logistics, intermediaries and information.

Yunyan is currently pushing forward with the transition of its tertiary industry from a labor-intensive model to technology-intensive and knowledge-intensive models.

Officials say that the district fully leveraging the advantages it has with its location, to develop commerce and trade.

It is moving to create a central business area founded on the basis of the four core business centers: Penshuichi, Zilinan, Daximen and Dashizi.

Moreover, the district is making efforts to build a central business district replying on the its business facilities such as Times Plaza and International Trade Plaza, as well as large resident retail enterprises including Guomei and Suning.

Yunyan also giving priority to the development of the Touqiao-Sanqiao-Jinyang and Beijing Road-Dayingpo-Xintian Avenue economic belts, with the development focus on modern service industries.

The various areas of Yunyan are developing in an orderly manner: the eastern area is accelerating the construction of the Future Ark City Complex and the Sanmadu Industrial Park, while the northern Xiaoguan area is building health international communities, cultural and tourism towns and micro and small-sized business incubators.

In addition, Yunyan is boosting its financial development by expanding financing channels and introducing influential financial and securities institutes and companies.

To date, it has successfully attracted Shanghai Pudong Development Bank – as well as the Guizhou branches of the Industrial and Commercial Bank of China and Bank of Communications, China Life Insurance and Haitong Securities – to locate there.

Meanwhile, the development of the construction sector in Yunyan is also maintaining a good upwards trend.

Officials said that Yunyan is not only attracting traditional companies involved in commercial retail, accommodation, catering and entertainment. It has also successfully attracted the  regional headquarters of foreign-funded Fortune 500 enterprises – including KFC and Pizza Hut and Chinese Fortune 500 companies like Yongcheng Coal and Electricity Group, Poly Group and Huabiao Venture Group – to move there.

At present, Yunyan has already seen the construction of more than 10 major buildings with compelling and attractive functional features – including Century New City, Longgang Building and the Huacheng Arc de Triomphe. 

Officials said that the number of corporate headquarters that have emerged in recent years, have had an additional positive impact on the industrial development of Yunyan district.

 

 

 


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