Guiyang makes historic achievements in 40 years of investment promotion

Over the 40 years since the beginning of the reform and opening-up, according to the decisions and arrangements of the Central Government and the CPC Guizhou Provincial Committee, Guiyang has stuck to the spirit of knowledge-action unity and collaboration, keep reforming and reforming, forged ahead, and made remarkable achievements in economic and social development. Guiyang completed a total investment of 385.06 billion yuan in fixed investment in 2017, up over 3,000 times from 107.86 million yuan registered in 1978; registered GDP of 353.8 billion yuan, up over 300 times from 1.077 billion yuan registered in 1978. In 2017, Guiyang introduced a total paid-in investment of 1.6385 trillion yuan from outside Guizhou, 11 enterprises among Fortune Global 500 and 1,074 investment projects from outside Guizhou with an investment of over 30 million yuan each.

From January to September 2018, Guiyang introduced a total paid-in investment of 153.431 billion yuan, fulfilling 95.89 percent of its annual target; introduced 841 projects with a total investment of 183.628 billion yuan, up 5.12 percent and 1.88 percent year on year respectively; commenced 821 projects with a commencement rate of 97.62 percent; brought 505 projects into production with a production rate of 60.05 percent, fulfilling the annual target assigned by Guizhou; introduced three enterprises among Fortune Global 500 and China's top 500 enterprises like CRRC Group, Zhejiang Dahua Technology Co., Ltd. and XMXYG Corporation. Guiyang's investment promotion has taken on five new looks: good leadership in investment promotion, good master plan, good institutional construction, good preferential policies and good energy of investment promotion cadres.