The Guiyang National High-tech Industrial Development Zone, or Guiyang HIDZ – located in Guiyang, capital city of Southwest China's Guizhou province – signed off on two foreign capital projects at the recent 18th China-ASEAN Expo.
The expo was held in the city of Nanning, capital of South China's Guangxi Zhuang autonomous region, on Sept 10-13.
The Guiyang HIDZ signed an investment deal worth 650 million yuan ($97.52 million) with Hong Kong Gongxiang Technology Co.
The Hong Kong-based company will construct and operate a sophisticated national shared logistics system at the zone.
The company has reportedly established a national shared logistics system – using 5G, big data, the internet of things and artificial intelligence – to build an advanced, flexible and open blockchain big data cloud computing infrastructure platform and to store various data in the cloud.
The system is understood to have achieved monitoring and traceability of the entire chain of a customer's products, from production to final consumption, to ensure product safety.
The other foreign capital project was signed by Guizhou Zerophos Chemical Co and Vietnam Masan Group, involving a total investment of 220 million yuan.
The first company is a resident enterprise of Guiyang HIDZ and is specialized in the processing of phosphorus chemicals and phosphorus technology development, dealing with marketing services.