The Chongzuo area of the China (Guangxi) Pilot Free Trade Zone (FTZ) attracted four projects in the first quarter, with a total investment of 930 million yuan ($13.1 million).

At present, the Chongzuo area of the Guangxi FTZ has 36 industrial enterprises above designated size, with main annual revenue of over 20 million yuan.

In 2022, the total industrial output value of Chongzuo was 7.71 billion yuan, of which the output value of cross-border electronics information and the processing of special ASEAN products accounted for 64.2 percent of the total output value.

A new inspection and testing center there, to cost about 220 million yuan, which started construction in late September 2021, is expected to boost Chongzuo's capacity in the testing, helping companies to control their product quality.

A worker lays bricks for the project of inspection and testing center, under construction in the Chongzuo area of the Guangxi FTZ. [Photo/WeChat account: gh_df8bc987e060]

"So far, the project has completed the capping of the main building and is expected to be completed by the end of 2023 to the beginning of 2024," said Yu Min, the project manager.

Two anchors do a live broadcast to sell goods. [Photo/WeChat account: gh_df8bc987e060]

"We sell online through Southeast Asian platforms, selling Chinese products to these countries," said Mo Zhong, president of the Pingxiang Cross-border E-commerce Association.

"At present, about 3,000 orders are placed every day, with daily sales of about 500,000 yuan and sales of about 10 million yuan in the first quarter," Mo added.