The policy relief area for enterprises and the area for added-value tax credit refunds of Guishangyi – the Guiyang Private Economy Service Platform – went online on May 6 to help enterprises in Guiyang, capital of Southwest China's Guizhou province, solve problems and achieve high-quality development.
In the first quarter of the year, the added value of industries above a designated size in Southwest China's Guizhou province increased by 15.2 percent year-on-year – 8.7 percentage points higher than the national growth rate – ranking it third in the country.
To further accelerate the development of new-type industrialization, in recent years, Guiyang has realized industrial transformation and upgrading, and improved the quality and efficiency of its industries, relying on industrial internet.
Over the past five years, Guiyang and Guian in Southwest China's Guizhou province, have accelerated the development of industries related to electronic information manufacturing, equipment manufacturing, new energy, knitting and textiles, and food.
Guizhou Yidie Electrical Engineering Co was recently selected as a leading industrial enterprise with an operating income exceeding 1 billion yuan ($156.96 million) for the first time.
Several policies and measures to support Guizhou province's digital transformation in the industrial field have recently been rolled out by Guizhou departments.