From January to February, the six major economic indicators of the Guiyang National High-tech Development Zone in Guiyang -- the capital city of Southwest China's Guizhou province -- continued to grow, despite the dark economic clouds gathering at home and abroad, Guiyang HIDZ officials said.
They said that such important performance markers -- including industrial added value, fixed asset investment, provincial major engineering projects and key projects -- put on gains.
Elsewhere, industrial investment, paid-in funds of newly introduced industrial projects and utilization of foreign capital, all showed a trend of growth, according to zone officials speaking to the local media on April 7.
Officials said that in the face of the novel coronavirus epidemic, the zone has insisted on paying equal attention to epidemic prevention and control measures as well as economic development.
It has actively helped out resident enterprises, introducing policies and measures and moved to promptly resolve tenant businesses’ difficulties and problems.
Compared with the first two months of 2019, this year the added value of industries above a designated size in the zone -- those with annual sales of 20 million ($2.8 million) or more -- increased by 14.9 percent year-on-year.
During the same period, investment in fixed assets increased by 7.8 percent year-on-year and the number of provincial major engineering projects and key projects increased by 33.6.
Industrial investment increased by 35.5 percent year-on-year; the paid-in funds of newly introduced industrial projects increased by 39.02 percent year-on-year and the utilized amount of foreign investment increased by 113.6 percent.
From Feb 10, the first batch of enterprises in the zone resumed production and to date, more than 80 percent of the key manufacturers achieved positive growth, effectively pulling the main indicators of industrial economy in the zone into positive territory.
At the same time, in the services sector various economic indicators for software and information technology services have steadily increased, officials said.
Big data companies are making full use of mobile office, home office and other methods to resume production – and officials said that under the guidance and with the help of relevant authorities, big data enterprises had returned to the normal production levels in March.
In addition, through WeChat, telephone communications, cloud conference and other means, the zone has accelerated negotiations for 26 new investment promotion projects and successfully signed off on four projects.
Officials said that as of March 20, 3.92 billion-yuan ($578 million) in paid-in investment for newly introduced industrial projects was made available.