Page 124 - 2020 Special Report on the State of Business in South China
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strategic emerging industry core demonstration Hunan. It is located at the midpoint between
area featuring new energy vehicles and next Guangzhou and Guilin, and is also an important
generation information technology. fulcrum for economic integration, industrial
docking and cultural exchange between Guangxi,
III. Introducing strategic emerging industry projects Guangdong, Hong Kong and Macao.
- Seek out leading projects for inclusion, and On May 20, 2019, the People’s Government of
focus on the development of strategic emerging Guangxi Zhuang Autonomous Region released
industries such as new energy vehicles and the “Implementation Plan for Guangxi for
intelligent equipment manufacturing. Focus on Integration with the Greater Bay Area” (2019-
the Greater Bay Area and attract domestic and 2021), and proposed to support Hezhou City in
foreign enterprises such as global top 500, China building the Guangxi Eastern-Merging Pioneering
top 100, industry top 10, single champion and Demonstration Zone, focusing on the construction
unicorn enterprises. Increase the introduction of pillar industries such as rare earths and new
of related supporting facilities and extended materials, and to accelerate the development of
supplementary chain projects, focusing on scientific research, incubate the "enclave economy"
strategic emerging industries and the "three cooperation model of the Greater Bay Area as the
major" and "three new" (i.e., big health, big data, front-end and employ Hezhou as a supporting
big logistics, new manufacturing, new materials, force for production and transformation.
new energy) industries.
On May 2019, the People’s Government of
IV. Promoting the reform and innovation of Guangxi Zhuang Autonomous Region released
institutional mechanisms the “Development Plan for the Eastern-Merging
Pioneering Demonstration Zone (Hezhou)”
- Actively build a new model for outward- (2018-2025) (the “Plan”). The Plan aims to build
oriented development and promote the integrated a pioneering zone opening up to the east, a new
development of digitalization and industry. hub for the integration of industry-finance, and
a preferred place for recreational tourism in
As of the end of 2018, Guigang's total regional the Greater Bay Area. The Plan is implemented
GDP increased by 10%, fiscal revenue increased in two phases: (i) by 2021, the Demonstration
by 18.4%, and fixed asset investment increased by Zone construction will achieve obvious results;
19%. In terms of business environment, 278 new (ii) by 2025, a comprehensive Pioneering
projects were signed, and contracted investment Demonstration Zone will be established,
was Rmb88.78 billion, an increase of 8.3% year- connecting the surrounding areas and facing
on-year, of which 205 projects were worth more the Greater Bay Area. The Plan emphasizes on
than Rmb100 million, and contracted investment joint effort, transportation construction, industry
was Rmb82.01 billion. In terms of industrial development, innovation-driven, and ecological
development, the total output value of Guigang protection. For spatial layout, the Plan highlights
was Rmb116.8 billion in 2018, a year-on-year eastward integration and the "enclave economy"
increase of 18.9%; the added value of industries model, in order to build a development pattern
above the regulated scale was Rmb35.5 billion, an of "one core, three corridors, multiple points”. For
increase of 11.5%; the output value of emerging regional cooperation, the Plan proposes to build
industries increased by 145%. a cooperation platform without administrative
division restrictions, explore the "dual enclave"
Guangxi Dongrong Pioneering economic development model, and build a
Demonstration Zone (Hezhou) communication system to promote integrated
development, an industrial system to promote
Hezhou is adjacent to Guangdong, Hong Kong regional integration, an efficient service system for
and Macao, and is a thoroughfare between the the factor market, and a social system integrated
three provinces of Guangxi, Guangdong and with industrial development.
124
area featuring new energy vehicles and next Guangzhou and Guilin, and is also an important
generation information technology. fulcrum for economic integration, industrial
docking and cultural exchange between Guangxi,
III. Introducing strategic emerging industry projects Guangdong, Hong Kong and Macao.
- Seek out leading projects for inclusion, and On May 20, 2019, the People’s Government of
focus on the development of strategic emerging Guangxi Zhuang Autonomous Region released
industries such as new energy vehicles and the “Implementation Plan for Guangxi for
intelligent equipment manufacturing. Focus on Integration with the Greater Bay Area” (2019-
the Greater Bay Area and attract domestic and 2021), and proposed to support Hezhou City in
foreign enterprises such as global top 500, China building the Guangxi Eastern-Merging Pioneering
top 100, industry top 10, single champion and Demonstration Zone, focusing on the construction
unicorn enterprises. Increase the introduction of pillar industries such as rare earths and new
of related supporting facilities and extended materials, and to accelerate the development of
supplementary chain projects, focusing on scientific research, incubate the "enclave economy"
strategic emerging industries and the "three cooperation model of the Greater Bay Area as the
major" and "three new" (i.e., big health, big data, front-end and employ Hezhou as a supporting
big logistics, new manufacturing, new materials, force for production and transformation.
new energy) industries.
On May 2019, the People’s Government of
IV. Promoting the reform and innovation of Guangxi Zhuang Autonomous Region released
institutional mechanisms the “Development Plan for the Eastern-Merging
Pioneering Demonstration Zone (Hezhou)”
- Actively build a new model for outward- (2018-2025) (the “Plan”). The Plan aims to build
oriented development and promote the integrated a pioneering zone opening up to the east, a new
development of digitalization and industry. hub for the integration of industry-finance, and
a preferred place for recreational tourism in
As of the end of 2018, Guigang's total regional the Greater Bay Area. The Plan is implemented
GDP increased by 10%, fiscal revenue increased in two phases: (i) by 2021, the Demonstration
by 18.4%, and fixed asset investment increased by Zone construction will achieve obvious results;
19%. In terms of business environment, 278 new (ii) by 2025, a comprehensive Pioneering
projects were signed, and contracted investment Demonstration Zone will be established,
was Rmb88.78 billion, an increase of 8.3% year- connecting the surrounding areas and facing
on-year, of which 205 projects were worth more the Greater Bay Area. The Plan emphasizes on
than Rmb100 million, and contracted investment joint effort, transportation construction, industry
was Rmb82.01 billion. In terms of industrial development, innovation-driven, and ecological
development, the total output value of Guigang protection. For spatial layout, the Plan highlights
was Rmb116.8 billion in 2018, a year-on-year eastward integration and the "enclave economy"
increase of 18.9%; the added value of industries model, in order to build a development pattern
above the regulated scale was Rmb35.5 billion, an of "one core, three corridors, multiple points”. For
increase of 11.5%; the output value of emerging regional cooperation, the Plan proposes to build
industries increased by 145%. a cooperation platform without administrative
division restrictions, explore the "dual enclave"
Guangxi Dongrong Pioneering economic development model, and build a
Demonstration Zone (Hezhou) communication system to promote integrated
development, an industrial system to promote
Hezhou is adjacent to Guangdong, Hong Kong regional integration, an efficient service system for
and Macao, and is a thoroughfare between the the factor market, and a social system integrated
three provinces of Guangxi, Guangdong and with industrial development.
124
