Q2 work report on Guiyang's service industry (part 2)

To promote the high-quality development of the modern services industry in Guizhou province in Southwest China, the capital city of Guiyang has rolled out action plans to boost 10 innovation and development projects.

Based on the work report for the second quarter, the action plans cover 10 major areas: tourism, big data, health care, modern finance, logistics, modern commerce, development and innovation of technology, the culture industry, as well as the pension sector and the exhibition sector.

Guizhou's flourishing tourism first caught people's eyes with a variety of innovative measures. These involved among other things optimizing its overall layout, cultivating Guizhou-style tourism commodities, innovating tourism projects and enhancing its tourism and market management.

It has been widely observed that local counties and districts were encouraged to apply for rural tourism projects and got seven projects approved from this January to May. At the same time, Guizhou plans to continue its efforts to regulate market order and provide better experiences for tourists.

In terms of its big data industry, Guizhou has taken actions to promote digital industrialization, integrate and innovate big data-oriented enterprises, strengthen the construction of digital infrastructure and optimize the local developmental environment.

Guiyang has to date installed 653 5G base stations and has established an autonomous and controllable sovereign blockchain platform.

To top it off, both tourism and big data have gained a firm foothold in the field of health care. At the same time, Guizhou will continue its pursuit of developing the health medicine industry.

The latest statistics show that a total investment of 1.18 billion yuan ($182.51 million) was carried out in the period, with the completion rate reaching 57.82 percent.

When it comes to the modern financial industry, Guiyang plans to continue to channel more investment into Guizhou, as well as to boost green finance, inclusive finance and technology finance in local regions. A total of 27 banks and 70 financial products are believed to reflect the great strides being made in the finance industry.

In terms of modern logistics, more efforts were made to promote top-level logistics designs, plan national logistics hubs, cultivate key logistics enterprises and efforts were also made to foster the construction of logistics projects.

According to official statistics, to date, there are 50 logistics enterprises ranked above A level across the province, with Guiyang accounting for 76 percent of the total number.

In addition, modern commerce has enjoyed great innovative development, which indicates better support policies, more clustering development of business districts, more excellent marketing projects and that more pedestrian commercial streets will be in place.

For the development and innovation of technology, according to officials, more services for enterprises, science and technology talent, innovation platforms and transformations of technological achievements will be made based on the actual situations.

As of the end of June, one vivid example of this progress showed that Guiyang had 418 technological contracts registered, with the business volume amounting to 3.43 billion yuan.

Guiyang is also committed to boosting its cultural industry. This is in line with its work on incubating a number of cultural market subjects, newly establishing and utilizing some key industrial projects and launching some influential cultural brands.

In addition to developing as an influential city, Guiyang is also trying to create a livable city and put feature services for the aged in its annual civil affairs. This is accompanied by other unremitting efforts such as drafting relevant regulations and laws, as well as promoting the comprehensive management of the pension services.

To date, a total of 13 investment projects in this field have been introduced and more will be coming in the near future.

Last but not least, the exhibition service sector has also attracted considerable attention in Guiyang with a string of various measures such as investigations, support policies and concerted cooperation between governments and enterprises in a bid to boost the local economy.

The growing feeling is that although in the wake of the COVID-19 pandemic, Guiyang has gradually regained its vigor in the service industry and achieved better development in the above 10 major projects.