Southwest China's Guizhou province last year saw significant growth in the number of businesses operating there, boasting a total number of 3.47 million market entities with registered capital of 8.23 trillion yuan ($1.26 trillion) in 2020.
In 2020, Southwest China's Guizhou province realized 100 percent coverage of mechanized coal mining and the intelligent assistance system at all its coal mines in production.
During the 14th Five-Year Plan period (2021-25), Southwest China's Guizhou province plans to build the Guiyang-Guian-Anshun metropolitan area and Zunyi metropolitan area, according to Guizhou's economic and social development plan released on Feb 27.
According to a recent report, Southwest China's Guizhou province has seen rapid progress in forestry industry development.
According to the provincial transportation department of Southwest China's Guizhou province, Guizhou aims to build 350 kilometers of expressways, renovate 300 km of national and provincial highways and upgrade 6,000 km of county and township roads this year.
According to Guizhou's provincial government work report, which was released at the opening ceremony of the Guizhou Provincial People's Congress's annual session on Jan 25, the province aims to achieve an 8 percent year-on-year increase in GDP in 2021.
Southwest China's Guizhou province recently released its economic data from 2016 to 2020. According to the statistics, Guizhou's economy maintained a rapid increase, and its growth rate ranked among the nation's best.