Yunyan achieves stable economic growth in 2020

Yunyan district in Guiyang, the capital city of Southwest China's Guizhou province, has seen stable economic development in the past year, despite the negative impact of the COVID-19 pandemic.

In the past year, the district accelerated the real economy's development, focusing on middle and high-end manufacturing and consumption, to stabilize economic growth.

The district put several large-scale commercial complexes into operation in 2020, bringing the district's total number to 15. Yunyan's commercial complexes cover 1.05 million square meters.  

The integration of "online + offline" consumption patterns has been accelerated. The district's online enterprises achieved sales of 6.75 billion yuan ($1.04 billion) in 2020, a year-on-year increase of 213.6 percent.

Yunyan focused on developing the middle and high-end manufacturing sector, promoting the construction of a modern urban industrial park in the district.

It seized opportunities for integrated growth with Guiyang and Guian New Area, signing cooperation agreements with Guian to seek new development.

The district also promoted the development of the headquarters economy, attracting 11 companies to establish their regional centers.