Guizhou upgrades inland open economy pilot area construction

According to a document recently issued by the State Council, Southwest China's Guizhou province will receive national support for its development of the West China Development Program, including the construction as an inland open economy pilot area.

Guizhou will provide more convenience for trade and investment by participating in the Regional Comprehensive Economic Partnership, constructing an international data hub, developing new business models for international trade, and expanding the export of mechanical and electrical products, environmentally-friendly chemical products and characteristic agricultural products.

To improve domestic and international transportation, the province will construct railways connecting with surrounding provinces, open more water transportation routes to the Yangtze River and Pearl River, and turn Guiyang and Zunyi into national comprehensive transportation hubs.

Guizhou will also support the opening-up of Guiyang's air hub; help Guangzhou port, Shenzhen port and Beibu Gulf port set dry ports in Guizhou; increase the popularity of the Big Data Expo and China (Guizhou) International Alcoholic Beverage Expo; and improve the standards and quality of the Eco Forum Global and International Mountain Tourism Conference.

Guizhou will also enhance cooperation with other areas by participating in the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Economic Belt, enhancing cooperation with other provinces in environmental protection, coordinating industrial development and the sharing of public services, and expanding cooperation with the Chengdu-Chongqing economic circle in transportation, energy and big data.

The regional cooperation is expected to provide more opportunities for Guizhou to take part in the global value chain centered on domestic markets.