Page 120 - 2021 Special Report
P. 120
Guangxi Dongrong Pioneering Demon- Summary
stration Zone (Hezhou)
Guangxi Province has fully integrated with
Hezhou is adjacent to Guangdong, Hong Kong the Guangdong-Hong Kong-Macau Greater Bay
and Macau, and is a thoroughfare between the Area, through the Dongxing Experimental Zone,
three provinces of Guangxi, Guangdong and Pearl River-Xijiang Economic Belt, Guangdong-
Hunan. It is located at the midpoint between Guizhou Cooperation Special Experimental Zone
Guangzhou and Guilin, and is also an important and Dongrong Pilot Demonstration Zone, by
fulcrum for economic integration, industrial building strategic emerging industries, including
docking and cultural exchange between Guangxi, new energy vehicles, biomedicine, Intelligent
Guangdong, Hong Kong and Macau. equipment and other advanced manufacturing
industries. Guangxi Province seeks to promote the
On 28 March 2020, the Development and transformation and upgrade of trade, enhance
Reform Commission of Guangxi Zhuang trade facilitation, promote the facilitation of
Autonomous Region issued “Several Policies on cross-border investments and financing, deepen
Supporting the Construction and Development opening-up and innovation in the financial sector,
of Guangxi Dongrong Pilot Demonstration and build a financial gateway to ASEAN. Guangxi
Z o n e ( H e z h o u ) ”. T h e p o l i c i e s w i l l a c c e l e r a t e has deepened reforms in the fields of investment
the construction of the Guangxi Dongrong and foreign trade, established cooperation with
Pilot Demonstration Zone (Hezhou), strive to ASEAN and member states, established data
build a new pattern of all-round opening and centers, and promoted the development of
development featuring "Southward orientation, information technology.
Northern Alliance, East Fusion and Western
cooperation", and promote high-quality economic
development. The “Several Policies” mainly include
17 specific policies and measures in five aspects,
namely, supporting the accelerated development
of industries, supporting the construction
of industrial platforms and connectivity
infrastructure, increasing fiscal, taxation and
financial support, strengthening scientific and
technological support for talent, and supporting
the development of pilot projects.

At present, some achievements have been
made in the construction of Guangxi Dongrong
Pilot Demonstration Zone (Hezhou), and the
"Development Plan of Guangxi Dongrong Pilot
Demonstration Zone (Hezhou)" and a three-year
action plan have been formulated. More than 70
projects regarding new economy and new forms
of business have been introduced. 10 global and
Chinese top 500 enterprises have been attracted,
as well as Chinese-funded holdings, Tianmu Hot
Springs and other industry leaders. "From the
ground up” transformation and development of
high-speed railways has driven major change.
The cit y's GDP, fiscal revenue and other major
economic indicators have grown faster than first
tier cities in the region for three consecutive years.

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