As the novel coronavirus (COVID-19) epidemic eases, Guizhou province is encouraging service industry related companies to resume work by launching supporting policies.
Statistics show that in 2019, the information and communications industry in Southwest China's Guizhou province experienced healthy and rapid development. The province's growth rate ranks fourth nationally, while the total scale ranks 11th in China.
According to a business environment assessment report conducted by Xiamen University and the Guizhou University of Finance and Economics, the business environment of Southwest China's Guizhou province in 2019 has improved significantly compared with 2018.
The southwestern Chinese mountainous province of Guizhou continued to report one of the fastest economic growth rates nationwide last year.
Several traffic circles will be realized to connect Guizhou to other cities. A two-hour traffic circle will connect it to Chengdu, Chongqing, Kunming and Changsha. A four-hour traffic circle will connect it to Wuhan, Guangzhou and Xi'an. A six-hour traffic circle will connect it to Shanghai.
The bauxite reserves in Guizhou amount to 5.9 million tons, ranking fourth in the whole country. Phosphorus ore reserves in Guizhou amount to 3.29 billion tons, ranking third in the whole country. The manganese ore reserves in Guizhou amount to 9.8 million tons.
Guizhou is an important industrial base of the aviation, aerospace and electronics industry in China. The machinery manufacturing industry in Guizhou is strong. It also has tremendous developmental potential in optical instruments.