The Guiyang municipal government recently established a capital pool and fund for industrial development with a scale of 10 billion yuan ($1.58 billion), according to the Guiyang bureau of industry and information technology.
The province of Guizhou in Southwest China is reportedly moving to attract more investment to its industrial parks.
The Guizhou Provincial Department of Industry and Information Technology recently began enacting plans for industry energy conservation in Southwest China's Guizhou province, earmarked to be carried out during the course of the 14th Five-Year Plan (2021-25) period.
In the first three quarters, the added value of industries above designated size in Southwest China's Guizhou province increased by 11.7 percent over the same period in 2020, according to a news conference on Oct 19.
From January to July this year, Southwest China's Guizhou province maintained strong development momentum in its emerging industries.
In July, Southwest China's Guizhou province showed a continuous recovery and steady improvement in its industrial economy.