Guizhou acts to innovate, expand its service trade

The Guiyang National High-tech Industrial Development Zone is home to Guizhou's provincial service outsourcing demonstration industrial park. [Photo/ddcpc website]

Southwest China's Guizhou province has reportedly been exploring the integration of big data and its service sector to attract more companies, upgrade its industries and expand scale of trading.

During the first half of the year, Guizhou carried out $363 million in service outsourcing contracts, an increase of 40.76 percent year-on-year. The province also added 15 outsourcing companies and 4,128 new jobs in the field.

It is understood that Guizhou has applied effective financial, taxation and land policies to attract, cultivate and support more service businesses. It has attracted international giants such as Apple and Huawei to invest in Guizhou, supported local service companies to expand their businesses and helped engineering enterprises to go global.

Guiyang-based company BaishanCloud provides services for more than 300 leading internet enterprises, and it is estimated that 70 percent of China's internet users rely on its self-developed global data distribution network platform and digital service modes.

With the construction of platforms for the service trade's innovative development, Guiyang and Guian New Area together account for about 90 percent of the value of the province's total imports and exports for services.

Guizhou also uses the China International Fair for Trade in Service – as well as the China (Shanghai) International Technology Fair, the Big Data Expo and other key events – to conduct exchanges on investments, technologies, market development and personnel training related to the service sector.