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Guizhou: 'Five 100' project attracts leading companies
By Zeng Jun ( chinadaily.com.cn )
Updated: 2013-01-25

Guizhou plans to invite 500 billion yuan ($80.34 billion) in capital investments in 2013, a more than 30 percent increase compared with 2012.

"We will pay close attention to the investment intentions of the world's top 500 or China's top 500 enterprises and attract them to Guizhou," said Ji Hong, the general director of the Investment Promotion Bureau of Guizhou province.

Ji said, "Guizhou will promote the "Five 100" project to attract leading companies."

The "Five 100" project – including 100 industrial parks, 100 tourist areas, 100 demonstration towns, 100 modern efficient agriculture demonstration parks and 100 urban complexes – was set up to help attract investors.

In regards to investment in industrial parks and development zones, Guizhou has transformed preferential investment policies from a focus on infrastructure to industry development.

Guizhou should also pay attention to industrial chains and cooperate with well-developed provinces to speed up the development of industrial parks and promote mutual cooperation.

 
 
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