Guiyang completes nearly 30b yuan in industrial investment in H1

Since the beginning of this year, Guiyang, capital of Southwest China's Guizhou province, has been promoting new-type industrialization and has achieved impressive results.

In the first half of the year, Guiyang completed 29.88 billion yuan ($4.4 billion) in industrial investment, a year-on-year increase of 34.1 percent, maintaining a double-digit growth rate for eight consecutive months.

Of that, investments in manufacturing and high-tech manufacturing increased by 30.4 percent and 98 percent, accounting for 81.7 percent and 36.1 percent of the city's total industrial investment, respectively.

During this period, Guiyang introduced 301 industrial projects and received 330 million yuan in special funds.

In addition, 20 provincial new industrialization and new kinetic energy fund projects were approved, with a cumulative approved amount of 3.15 billion yuan.

So far, the city's industrial development capital pool and funds have received 1.2 billion yuan and lent 2.23 billion yuan in the first half of the year, supporting 77 enterprises.

Moving forward, Guiyang will continue to bring in more industrial projects and incentivize manufacturing enterprises to accelerate high-end, intelligent and green transformation.