Baiyun pulls in investment projects worth 10 billion yuan

A signing ceremony takes place for a raft of major projects at Baiyun. [Photo/Guiyang news network]

Baiyun district in Guiyang -- capital city of Southwest China's Guizhou province -- signed off on eight major investment projects on Sept 16 and the signing ceremony took place in the Baiyun Conference Center.

The contracted projects involve a commercial complex, the automobile headquarters economy, medical and health care, grain trading and processing, big data and industrial manufacturing -- with a total investment of 9.34 billion yuan ($1.4 billion).

Among the projects were the Wuyue Plaza Urban Complex and the Hengxin Automobile Southwest China Headquarters Base. Then there were the Xujing Optoelectronic Optical Film (Guiyang) Science and Technology Industrial Park and the Inbound Grain Trade Processing and Inactivation Center.

"The eight signed projects have high technology content, good economic benefits, strong driving ability, great development prospects, and are good for ecological and environmental protection," said Bu Lan, secretary of the Baiyun district Party committee.

The signing of the projects is expected to boost the accelerated development of Baiyun's two 10-billion-level industries: new energy intelligent manufacturing and aluminum deep processing. It is also seen as spurring activity at its two 5-billion-level industries -- beverages and food, engines and support devices -- while providing industry support for Baiyun to make the real economy bigger and stronger.

To date, the number of introduced projects this year in Baiyun has reached 18, involving a combined outlay of 25.63 billion yuan.