Guiyang holds inauguration ceremony for industrial projects

On August 24, Guiyang hosted a centralized inauguration ceremony for its third group of industrial projects in 2019. Attendees of the Guanshanhu District Sub-session, held concurrently at the Guda Electronic Industry Manufacturing Base of Guizhou Guda Cable Co Ltd, viewed the ceremony by video.

The sub-session was attended by the district's Party secretary Tang Hui, the district's deputy Party secretary and acting head Luo Yang, as well as other district leaders such as Qiu Bin, Luo Yi, Xu Biao, Zhang Jinqian, and Liu Junsheng.

The ceremony consisted of one main session and 13 sub-sessions. A total of 38 projects were inaugurated city-wide, with a total investment of 21.56 billion yuan.

They cover electronic information manufacturing, equipment manufacturing, aluminum and aluminum processing, pharmaceutical production, light industry and building materials, mining and processing, characteristic food production, and phosphorus coal chemical production.

Among them, two will be in Guanshanhu district, with investment totaling 950 million. They are phase one of the Guda Electronic Industry Manufacturing Base Project which involves 800 million in investment, and a Digital Workshop Project based on Integrated Systems by Guizhou Geely Automotive Parts Co, with an investment of 150 million yuan. 

Upon completion, the projects will generate annual output of 15 million yuan, pay annual taxes of 30 million yuan, and create 2.5 million new jobs. With the stimulus of the centralized initiation, the district hopes to benefit from new driving forces for a stronger real economy, further promote development of the smart manufacturing industry, and achieve high-quality economic development. 

Representatives from units under the direct administration of the district government, leaders from the Jinhua town government, and project heads attended the ceremony.