In 2020, all the major economic indicators of Guiyang National High-tech Development Zone (Guiyang HIDZ) in Guiyang, the capital of Southwest China's Guizhou province, grew despite the negative impact of COVID-19. They have exceeded the annual targets and tasks assigned by Guiyang, with seven indicators seeing double-digit growth.
According to local media reports on Jan 19, the annual added value of Guiyang HIDZ's industries above the designated size has increased by 21.7 percent year-on-year, exceeding the yearly target by 6.7 percentage points.
The zone's investment in fixed assets reached 11.31 billion yuan ($1.75 billion), increasing by 18.5 percent year-on-year, exceeding the annual target by 512 million yuan. Its paid-in funds for newly introduced industrial projects reached 17.97 billion yuan, rising by 28.13 percent year-on-year.
The revenue of Guiyang HIDZ's software and information technology service industry was 7.4 billion yuan, an increase of 11.95 percent year-on-year. In comparison, its significant provincial projects' revenue was about 8.87 billion yuan, an increase of 84.5 percent year-on-year.
Furthermore, the zone's foreign trade volume is expected to hit $444.8 million in 2020, a year-on-year increase of 21.76 percent. Its actual utilization of foreign capital is expected to reach $248.62 million in 2020, a year-on-year increase of 15.64 percent.