Page 452 - 2018 White Paper on the Business Environment in China
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8 White Paper on the Business Environment in China
3.4 Guangxi Zhuang Autonomous Region
As the only province of China with both land and Food processing, auto manufacturing, petrochemicals,
water connections to Southeast Asia, Guangxi’s power generation, nonferrous metals, metallurgy and
position was significantly enhanced by the inauguration machinery are the seven key industries of Guangxi. In
of the China-ASEAN Free Trade Area in early 2010. The addition, building materials, pharmaceutics, textiles
province borders Vietnam to the west and is connected and garments, shipbuilding, as well as the marine
to Hong Kong and Macau by the Xi River. Trade with equipment manufacturing industries have grown
Vietnam accounted for around 60 percent of Guangxi’s rapidly in recent years. Pine resin is notable as an export-
total exports in 2016. oriented commodity produced in the city of Wuzhou.
The province’s heavy industries include iron, cement and
The provincial capital of Nanning in particular plays steel works in Liuzhou, as well as machinery production in
a key role in China-ASEAN relations. The city is the Nanning and Wuzhou. Pinyang produces ceramics, fans,
permanent home of the annual China-ASEAN Expo and felt caps, copperware, combs, brushes and straw bonnets.
the China-ASEAN Economic Park, a provincial-level park
based in the Nanning Overseas Chinese Investment In January 2012, Sinopec opened a renovated refinery
Zone, which aims to enhance cooperation between the in the coastal city of Beihai. The new facility can refine
region and the ASEAN countries. 100,000 barrels per day, and is integrated with a 200,000
ton-per-year polypropylene unit for producing plastics.
Economy
Spotlight on Development Zones
Guangxi is home to many ethnic minority groups
and its economy is based on agriculture and tourism Guangxi is also home to new high-tech development
(especially the city of Guilin, known for its proximity zones aimed at attracting investors in the logistics, bio-
to the Lijiang River and Karst Peaks). Key agricultural engineering, IT, electronic components and shipping
products include sugarcane, of which Guangxi is the industries. The Nanning-Guizhou-Kunming Economic
leading producer in China, and silk-worm products. Belt and the Beibu Gulf Economic Zone are being
Major grain crops include rice, maize, wheat and sweet constructed and efforts are being taken to enhance the
potatoes. Leading commercial crops include peanuts, cooperation with Taiwan and other areas in and outside
sesame, ramie, tobacco, tea, cotton, and indigo. Guangxi of Guangxi. At present, over 8,282 companies have
is also a major producer of fruit: most notably pomelos, settled into Guangxi’s 116 industrial parks, including
tangerines, mandarin oranges, lemons, lychee, pears, China Petroleum, SDIC Power Holdings, Sinar Mas Group
papayas, bananas and pineapples. The region’s timber of Indonesia, Noble Group of Singapore, China National
(sandalwood and cork) and fishing industries are both Cereals, Oils and Foodstuffs Corporation (COFCO) and
important contributors to the local economy. Coca Cola.
The province is also known for its wide variety of The high-tech enterprises in the High-Tech Industrial
minerals and metals, and its aluminum processing Development Zones of Nanning, Liuzhou, Qinzhou,
industry. In 2011, Guangxi launched a new materials Guilin, Yuchai and other industrial zones all generated an
research and development center, investing RMB30 industrial output value of over RMB56.8 billion in 2016.
million in R&D for new metallic materials, the In addition to industrial output value, the development
comprehensive utilization of low-quality iron resources, zones are a key source of jobs in the province. The
and laterite-nickel ore. province’s industrial zones have been developing their
industrial cluster according to the area characteristics.
For example, the coastal areas of Qinzhou, Beihai and
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3.4 Guangxi Zhuang Autonomous Region
As the only province of China with both land and Food processing, auto manufacturing, petrochemicals,
water connections to Southeast Asia, Guangxi’s power generation, nonferrous metals, metallurgy and
position was significantly enhanced by the inauguration machinery are the seven key industries of Guangxi. In
of the China-ASEAN Free Trade Area in early 2010. The addition, building materials, pharmaceutics, textiles
province borders Vietnam to the west and is connected and garments, shipbuilding, as well as the marine
to Hong Kong and Macau by the Xi River. Trade with equipment manufacturing industries have grown
Vietnam accounted for around 60 percent of Guangxi’s rapidly in recent years. Pine resin is notable as an export-
total exports in 2016. oriented commodity produced in the city of Wuzhou.
The province’s heavy industries include iron, cement and
The provincial capital of Nanning in particular plays steel works in Liuzhou, as well as machinery production in
a key role in China-ASEAN relations. The city is the Nanning and Wuzhou. Pinyang produces ceramics, fans,
permanent home of the annual China-ASEAN Expo and felt caps, copperware, combs, brushes and straw bonnets.
the China-ASEAN Economic Park, a provincial-level park
based in the Nanning Overseas Chinese Investment In January 2012, Sinopec opened a renovated refinery
Zone, which aims to enhance cooperation between the in the coastal city of Beihai. The new facility can refine
region and the ASEAN countries. 100,000 barrels per day, and is integrated with a 200,000
ton-per-year polypropylene unit for producing plastics.
Economy
Spotlight on Development Zones
Guangxi is home to many ethnic minority groups
and its economy is based on agriculture and tourism Guangxi is also home to new high-tech development
(especially the city of Guilin, known for its proximity zones aimed at attracting investors in the logistics, bio-
to the Lijiang River and Karst Peaks). Key agricultural engineering, IT, electronic components and shipping
products include sugarcane, of which Guangxi is the industries. The Nanning-Guizhou-Kunming Economic
leading producer in China, and silk-worm products. Belt and the Beibu Gulf Economic Zone are being
Major grain crops include rice, maize, wheat and sweet constructed and efforts are being taken to enhance the
potatoes. Leading commercial crops include peanuts, cooperation with Taiwan and other areas in and outside
sesame, ramie, tobacco, tea, cotton, and indigo. Guangxi of Guangxi. At present, over 8,282 companies have
is also a major producer of fruit: most notably pomelos, settled into Guangxi’s 116 industrial parks, including
tangerines, mandarin oranges, lemons, lychee, pears, China Petroleum, SDIC Power Holdings, Sinar Mas Group
papayas, bananas and pineapples. The region’s timber of Indonesia, Noble Group of Singapore, China National
(sandalwood and cork) and fishing industries are both Cereals, Oils and Foodstuffs Corporation (COFCO) and
important contributors to the local economy. Coca Cola.
The province is also known for its wide variety of The high-tech enterprises in the High-Tech Industrial
minerals and metals, and its aluminum processing Development Zones of Nanning, Liuzhou, Qinzhou,
industry. In 2011, Guangxi launched a new materials Guilin, Yuchai and other industrial zones all generated an
research and development center, investing RMB30 industrial output value of over RMB56.8 billion in 2016.
million in R&D for new metallic materials, the In addition to industrial output value, the development
comprehensive utilization of low-quality iron resources, zones are a key source of jobs in the province. The
and laterite-nickel ore. province’s industrial zones have been developing their
industrial cluster according to the area characteristics.
For example, the coastal areas of Qinzhou, Beihai and
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