Pingle county in Southwest China's Guangxi Zhuang autonomous region is keeping a close eye on capital inflows from South China's Guangdong province.

One of its latest initiatives is a campaign held in Guangzhou on Aug 26 to promote its investment climate and projects awaiting potential partners.

Pingle is an industrial powerhouse administered by the city of Guilin, a destination popular among Chinese and foreign tourists.

The county signed contracts for 28 investment projects involving a capital input of 11.6 billion yuan ($1.68 billion) during the campaign. The projects are related to new and high-tech electronics, machinery manufacturing, agricultural product processing, and tourism development.

Pingle earns 11.6 billion yuan from 28 investment projects in Guangzhou on Aug 26. [Photos provided to chinadaily.com.cn]

"We are pinning high hopes on this promotional activity, which we believe will showcase the unique appeal and resourcefulness of Pingle," said Shen Weihu, vice-mayor of Guilin, when addressing an event during the promotional campaign.

The event is expected to inform businessmen about Pingle and convince them to invest there, Shen added.

Shen Weihu, vice-mayor of Guilin, addresses an event during the promotional campaign in Guangzhou on Aug 26. [Photo provided to chinadaily.com.cn]

According to Lu Digeng, executive vice-chairman of the Guangdong Manufacturers Association, Pingle is building up industrial clusters for new types of building materials, smart manufacturing, and electronic component processing, which could lead to strong development and investment potential for manufacturers in Guangdong looking to transfer projects to developing regions.

Zhou Zhengying, Party secretary of Pingle, presides over the Wednesday campaign. [Photos provided to chinadaily.com.cn]

Shi Xiaosong, mayor of Pingle, noted that the city has established a total of 23,000 mu (1,533.33 hectares) of industrial parks and has established 510,000 square meters of standardized factories.

A total of 155 enterprises have set up operations in these industrial parks. They are mainly involved in new and high-tech electronics, medical appliances, electronic manufacturing, food processing, new materials, and iron and steel making, said Shi, adding that about 70 of them have already begun operating, yielding an annual industrial output of 3.11 billion yuan.