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Guiyang makes breakthroughs in investment attraction

chinadaily.com.cn|Updated: August 26, 2014

The implementation of the "Driving Development through Innovation" strategy in Guiyang has brought about breakthroughs in investment attraction.

On August 14, Guiyang signed a cooperative agreement with Ting Hsin International Group. Both parties reached an agreement on developing wearable devices, high-end manufacturing, food production, big data and modern logistics.

At the signing ceremony, Chen Gang, member of the Standing Committee of the Guiyang Municipal Committee of the CPC and secretary of the Municipal Committee of the CPC, said, "The cooperation of Ting Hsin with Guiyang will produce a new taste!"

The new "taste" refers to the big data industry. Ting Hsin has chosen to cooperate with Guiyang because of the environment to develop the big data industry, said Wei Hongfan, chairman of the board of Inhon Group under Ting Hsin.

Big data can help make more accurate market forecasts to promote the transformation of traditional industries. Chen believes that the investment of Ting Hsin in Guiyang will generate a landmark case of industrial development.

On July 30, Guiyang signed a strategic cooperation agreement with China Hewlett-Packard. Both sides will cooperate to establish a big data platform known as the "Guizhou International Financial and Trade Cloud."

Relying on cloud computing, big data, mobile Internet and security technology, they will carry out extensive cooperation in international finance, cross-border e-business, education, medicine and agriculture.

HP is optimistic about the future of the big data industry in Guiyang, said Mao Yunan, chairman of the board of China Hewlett-Packard.

Besides the high-tech industry with big data as the focus, Guiyang's high-end manufacturing industry also reaped huge benefits.

On August 11, Guiyang signed an agreement in the spare parts industry with Beijing Automotive Industry.

As a remarkable achievement of Beijing-Guiyang's regional cooperation driven by innovation, the cooperation will include auto spare parts made by Guizhou into the purchase system of BAIC. It will also catapult Guizhou Huagong Tools and Injection Co into the echelon of 10 billion yuan-revenue companies.

More and more global companies and high-quality industrial projects are being introduced into Guiyang. Within Zhongguancun Science Park in Guiyang, the high-tech industrial and economic zone in the northern part and the modern manufacturing industrial and economic zone in the southern part are being consolidated and have been growing with strong momentum.