Yunyan enhances business environment for economic growth in 2024

In 2024, Yunyan district in Guiyang, capital of Southwest China's Guizhou province, maintained its commitment to attracting enterprises through diverse policies, improving business services, and strengthening promotional efforts.

Over the past year, the district's GDP reached 109.27 billion yuan ($15.07 billion), a 5.4 percent increase, securing its position as the second-largest economy in the city and the third in the province.

Yunyan organizes an investment promotion event in Shanghai. [Photo/WeChat account of Yunyan district]

The district recorded 82 new investment projects on Guizhou's investment platform, with a total investment of 10.61 billion yuan. Additionally, 290,900 square meters of new standard factory space were added, bringing the total to 550,000 sq m. The number of new market entities reached 21,300, while the number of key enterprises surpassed 1,000, ranking first in the city.

Yunyan actively engaged in over 10 investment promotion events, where 58 companies were evaluated and agreements for seven projects were signed. It also hosted more than 300 enterprises for site visits. Moreover, five government officials were stationed in Chengdu, Shanghai, and Shenzhen to attract investment, leading to the signing of agreements for seven projects worth 409 million yuan.

By utilizing innovative investment strategies and optimizing its business environment, Yunyan remains dedicated to attracting high-quality enterprises and retaining its economic momentum in the years to come.