Nanming aims to be springboard for opening-up, development

Nanming district in Guiyang is aiming high, to become a springboard for the opening up and powerful economic development of the capital city of Southwest China's Guizhou province.

Nanming reportedly continues to remain committed to building an integrated demonstration zone for the international high-end consumer goods industry and trade -- as well as a leading mid-to-high-end consumer zone -- which is expected to help boost Guiyang's development even more.

With a focus on deepening cooperation between Nanming and the Guizhou Shuanglong Airport Economic Zone, the district is currently engaged in building the Nanming Manufacturing Industrial Park -- to provide an important carrier for the development of the real economy.

The China-ASEAN Seminar on Sustainable Development Cooperation is held in Nanming district on Dec 31, 2020. [Photo/naming.gov.cn]

Over the past five years, the district has witnessed the arrival of five Fortune Global 500 companies and the development of 737 industrial projects. Its total foreign direct investment increased by 10.1 percent per year on average during the period and the value of its foreign trade value rose by an average of 5.5 percent annually.

This year, Nanming will focus on promoting the development of a regional cooperation platform and the implementation of various important projects.

In addition, the district has issued a series of measures to create marketization, legalization, as well as to optimize its international business environment – in the process, becoming a hot place for investment, innovation and entrepreneurship.

In 2021, plans are for Nanming to cultivate and introduce a cluster of cross-border logistics and foreign trade comprehensive service enterprises, as well as to establish a logistics service headquarters cluster area, in order to provide guaranteed logistics services for the economy.

The European Medicine Industrial Park in Nanming district. [Photo/naming.gov.cn]