Annual output value of Huangpu to exceed 52b yuan in 2019

Guangzhou Development District and Huangpu district held a conference on business environment and investment attraction on Feb 16.

Since 2019, the district has newly introduced ten major contracted projects with a total investment of 82 billion yuan ($12 billion),ten new construction projects with a total investment of about 6.5 billion yuan, and 17 projects which have entered trial production and acceptancewith a total investment of 63.32 billion yuan.

It is estimated that the newly added output value will be 4.22 billion yuan in 2019, and annual output value of production will be 52.77 billion yuan. The district has pledged to initiate 60 quality projects for trial production this year.

In 2019, Huangpu will reform and renovate its business environment to further realize the systematization of the investment attraction model and gain new investment advantages. [Photo provided to chinadaily.com.cn]

After the district reaches its goal of "introducing ten Fortune Global 500 enterprises, 30 major enterprise headquarters, and more than 100 major projects of high quality", its BRT Action Plan for investment attraction will have been fully realized.

The BRT Action Plan refers to B, big project, R, real economy and T, talent and technology. Huangpu hopes to use the plan to speed up high-quality development and kinetic energy conversion.

At the same time, it will focus on strategic emerging industries such as the 5G industry, UAV, monoclonal antibodies, in vitro diagnosis, cell therapy and other industrial subdivisions and introduce a number of high-tech enterprises to build stronger innovative industrial clusters.