In order to promote the economy, Guizhou has improved the environment for investment and innovated upon the forms of attracting investments. Moreover, within this year certain policies have been carried out for attracting investment from home and abroad and Guzihou has granted more favors for various investors in terms of investment scale, quality and efficiency so as to strength the economic growth. Nia has the details.
In 2003，Wahaha, one of leading soft drinks manufactures in China, set up subsidiaries of foodstuffs and drinks in Guizhou, and became one of important local taxpayers, making annual tax revenue of 350 million yuan. This November, the president of Wahaha had a tour in Guizhou and made an exhilarating decision that Wahaha is going to invest over hundreds of million yuan in coming year, to build up another subsidiary. Along with another two subsidiaries established in 2003, Wahaha will have its own industrial plant in Guizhou.
G.M of Wahaha Soft drinks Company,Guiyang subsidiary
Well, this decision could clearly prove that our group has confidence in wining market share, and most importantly, it has shown that Guihzou’s investment environment is very attractive, which is the major reason that we wanted to enlarge scale of investment.
According to the statistics, Guizhou province has attracted investment of over 28 billion yuan from home and abroad, increased by 35% comparing with previous years. Over this year, Guizhou not only focuses on investment attraction concerning resource developing, tourism and building material and chemistry but also concentrates on providing supportive service and more room for improving investment environment; thereby Guizhou’s comprehensive capability of attracting investors has got enhanced.
Each year, Guizhou’s government performs investigation on the investment environment including cities, counties and economic development zones and gives investors a report which features an evaluation of local industrial structure, infrastructures, social security and ecological environment. By doing so, investors will have all-around reference of investing in Guizhou.
30% of the evaluation on this report was resulted from reference of local and cross-provincial enterprises. This year, the number of enterprises involved in evaluating Guizhou investment environment is increased; there are totaled 1000 enterprises, 400 more than last year. Their suggestions and evaluation positively help improve the local investment environment.
Guizhou has improved and issued policies in order to better improve investment atmosphere so as to further open up and attract more investors. Although using natural resource, investment environment and service is primary methods to attract investment, inviting outside investment with outside investment is another highlight to attract investment. For example, in this April Zhejiang Business District, a comprehensive economic district with investment of 1.5 billion yuan, was completed its first phase of construction in the downtown of Guiyang, attracting a great number of investors to commit big money. Zhejiang Chamber of Commerce in Guiyang played key roles in Investment Attraction Event of Zhejiang Business District; it helped establish the connection between investors from Guiyang and other province. Zhejiang Chamber of Commerce in Guiyang has established for a good three years, brought Guizhou totaled investment of 28 billion yuan. The investment projects it developed concerned commerce, mining, architecture and petroleum, it also has made annual tax revenue of over 2 billion yuan as well as solved the employment of 100,000 people.
Chairman of Zhejiang Chamber of Commerce, yesenlin
What we are doing is to build an economic bridge for Guizhou and Zhejiang.
Up to now, in addition to Zhejiang Chamber of Commerce, there are other chambers of commerce have been established including Taizhou, Jiangxi and Lingbo. With the help of these folk associations, Guizhou has established close economic connection with east developed regions. For example, in this year the highlight of economic activities between Guizhou and east regions is nothing less than the two-day tour of a 150-member business delegation from Hong Kong which was leaded by Chief Executive Donald TSANG Yam-Kuen. Hong Kong is the biggest investor to Guizhou, mutual and win-win cooperation between Guizhou and Hong Kong performs in different fields, Hong Kong focuses on Guizhou’s tourism, Chinese medical raw material and mine resource while Guizhou needs experience of Hong Kong’s advanced commerce, law and service and international market operation. This two-day visit is the prelude that Guizhou is speeding up to establish further cooperation with Hong Kong.
Meishan Zhou (Nia)
