Country for PR: China
Contributor: Xinhua News Agency
Monday, September 26 2022 - 20:40
Gui'an New Area strives to build a new highland of open economy
GUIYANG, China, Sept. 26, 2022 /Xinhua-AsiaNet/--

In the first half of this year, the total import and export of Guian New Area 
is 698.11 million USD, up 112.9% year on year, accounting for 60.7% of the 
annual target. Three newly established foreign enterprises reached 19.42 
million USD, exceeding the whole year of 2021, and the total import and export 
of cross-border e-commerce reached 123 million USD.

Strong reform activates new drivers of economic development

As an important window of Guizhou Province's opening to the outside world, the 
main battlefield of "strong provincial capital" of Gui'an Guiyang and the 
bridgehead of the open economy, since this year, Gui'an has implemented the 
reform of the system and mechanism, set up independent finance in the free 
trade zone, given certain management power and project approval power, and 
improved the "internal skills", focusing on development and construction, 
investment attraction and industrial development, according to Guian New Area 
Management Committee.

In January this year, as an important department of the economic development of 
the new district, Gui'an New District Investment Promotion Bureau was formally 
established, creating an enterprise database of foreign investment, foreign 
trade, service trade and cross-border e-commerce. It is committed to attracting 
investment and foreign trade services.

Strong industry builds a linkage and communication channel

Shuangkun Electronic Technology Company, founded in April this year, is a 
professional manufacturer dedicated to the production and development of 
displays and screens. It is also a key enterprise introduced to build the 
display industry cluster, with a total investment of 380 million yuan. "We have 
received a lot of orders," the director said that the company's output value is 
expected to reach 600 million to 800 million yuan this year.

Shuangkun Electronic Technology is one of the photoelectric display industry 
cluster enterprises introduced in Guian New Area. In order to build a new 
highland of high-level opening-up, Gui'an New Area has vigorously implemented 
cluster development, and gradually formed a photoelectric display industrial 
cluster, photoelectric lighting industrial cluster, and electronic 
remanufacturing industrial cluster. Next, Gui'an New Area will build an 
industrial channel interconnecting with the Guangdong-Hong Kong-Macao Greater 
Bay Area, and make great strides toward the goal of a ten-billion-level foreign 
trade park.

Excellent services create a new highland of investment and business development

In Guian New Area remanufacturing Industrial Park, Guizhou Huajiaxin Technology 
Co., Ltd., which is engaged in bonded maintenance and remanufacturing, is 
expected to achieve an import and export of 25 million USD this year. Since its 
landing, the company has enjoyed the logistics fee reduction, deferred tax 
payment, rent reduction and other preferential policies.

In recent years, Gui'an New Area has specially issued a series of policies to 
support the industrial development of the open economy, to support the 
industrial development from the aspects of factories and logistics, to provide 
convenient and inclusive financial support for enterprises in the park.

Source: Guian New Area Management Committee

Image Attachments Links:


   Caption: A corner of Guian New Area high-end equipment manufacturing 
industrial park