Page 126 - 2020 Special Report on the State of Business in South China
P. 126
On June 4, 2019, the People’s Government of Summary
Guangxi Zhuang Autonomous Region released
the “Three-year Action Plan for the Construction Guangxi Province has fully integrated the
of the Guangxi Eastern-Merging Pioneering Guangdong-Hong Kong-Macao Greater Bay
Demonstration Zone (Hezhou)” (2019-2021), Area, through the Dongxing Experimental Zone,
detailed measures include: Pearl River-Xijiang Economic Belt, Guangdong-
Guizhou Cooperation Special Experimental Zone
I. Carrying out industry eastern-merging projects and Dongrong Pilot Demonstration Zone, to build
strategic emerging industries, including new energy
- Speed up the development of dominant vehicles, biomedicine, Intelligent equipment and
industries, develop new emerging industries such other advanced manufacturing industries. Guangxi
as cultural tourism, healthcare, modern logistics, Province seeks to promote the transformation
modern finance and modern characteristic and upgrading of trade, enhance the level of trade
agriculture, etc., and increase scientific and facilitation, promote the facilitation of cross-border
technological research and development efforts. investment and financing, and deepen opening-up
and innovation in the financial sector, and is building
II. Carrying out platform eastern-merging projects a financial gateway to ASEAN. Guangxi has deepened
reforms in the fields of investment and foreign trade,
- Strengthen exchanges and cooperation with established cooperation with ASEAN and member
Greater Bay Area industry associations, high-end states, established data centers, and promoted the
think tanks and other institutions, focusing on the development of information technology.
introduction of platforms from the Greater Bay
Area such as technology testing, consulting and
evaluation, and technical service platforms.
- Optimize the park’s cooperation platform.
By 2021, the standard factory area of the
demonstration area will reach 300,000 square
meters, and 12 modern service industry clusters
above the municipal level will be completed.
- Establish an "enclave economy" cooperation
platform. Explore the construction of a shared
enclave park with the city government, industry
associations and enterprises of the Greater Bay
Area, and jointly set up investment and financing
companies to attract social capital to participate in
park development and operation management.
At the end of 2018, Hezhou's regional GDP
increased by 8.9% and fiscal revenue increased
by 9.5%. The growth rate of a number of major
economic indicators ranked in the first tier for
Guangxi. In the first quarter of 2019, regional
GDP increased 10.6% year-on-year, industrial
added value increased 13.6% year-on-year, service
industry added value increased 10% year-on-year,
and fiscal revenue increased 17.9%.
126
Guangxi Zhuang Autonomous Region released
the “Three-year Action Plan for the Construction Guangxi Province has fully integrated the
of the Guangxi Eastern-Merging Pioneering Guangdong-Hong Kong-Macao Greater Bay
Demonstration Zone (Hezhou)” (2019-2021), Area, through the Dongxing Experimental Zone,
detailed measures include: Pearl River-Xijiang Economic Belt, Guangdong-
Guizhou Cooperation Special Experimental Zone
I. Carrying out industry eastern-merging projects and Dongrong Pilot Demonstration Zone, to build
strategic emerging industries, including new energy
- Speed up the development of dominant vehicles, biomedicine, Intelligent equipment and
industries, develop new emerging industries such other advanced manufacturing industries. Guangxi
as cultural tourism, healthcare, modern logistics, Province seeks to promote the transformation
modern finance and modern characteristic and upgrading of trade, enhance the level of trade
agriculture, etc., and increase scientific and facilitation, promote the facilitation of cross-border
technological research and development efforts. investment and financing, and deepen opening-up
and innovation in the financial sector, and is building
II. Carrying out platform eastern-merging projects a financial gateway to ASEAN. Guangxi has deepened
reforms in the fields of investment and foreign trade,
- Strengthen exchanges and cooperation with established cooperation with ASEAN and member
Greater Bay Area industry associations, high-end states, established data centers, and promoted the
think tanks and other institutions, focusing on the development of information technology.
introduction of platforms from the Greater Bay
Area such as technology testing, consulting and
evaluation, and technical service platforms.
- Optimize the park’s cooperation platform.
By 2021, the standard factory area of the
demonstration area will reach 300,000 square
meters, and 12 modern service industry clusters
above the municipal level will be completed.
- Establish an "enclave economy" cooperation
platform. Explore the construction of a shared
enclave park with the city government, industry
associations and enterprises of the Greater Bay
Area, and jointly set up investment and financing
companies to attract social capital to participate in
park development and operation management.
At the end of 2018, Hezhou's regional GDP
increased by 8.9% and fiscal revenue increased
by 9.5%. The growth rate of a number of major
economic indicators ranked in the first tier for
Guangxi. In the first quarter of 2019, regional
GDP increased 10.6% year-on-year, industrial
added value increased 13.6% year-on-year, service
industry added value increased 10% year-on-year,
and fiscal revenue increased 17.9%.
126
