Guizhou to expand strategic emerging industry clusters

english.guiyang.gov.cn|Updated: 2021-10-14

The Guizhou Provincial Development and Reform Commission recently issued a strategic development plan for emerging industry clusters during the 14th Five-Year Plan period (2021-25), which has become one of the main goals of the province.

During the period, the total output value of Guizhou's strategic emerging industry clusters is projected to break through 1.3 trillion yuan ($201.8 billion), accounting for 15 percent of regional GDP. Plans are for research and development expenditure on them to increase at an annual rate of over 12 percent.

Guizhou is forecasted to establish 150 State-level and 500 provincial-level innovative platforms, and form up to five strategic emerging industry clusters at 100-billion-yuan output level, four at 50-billion-yuan output level and two at 20-billion-yuan output level during the 14th Five-Year Plan period.

A public service complex integrating enterprises, incubations, scientific research, tests and promotions – as well as five 100-billion-yuan output level parks and ten 50-billion-yuan output level parks – will also be established.

By 2035, Guizhou is projected to enter a new stage of development with an advanced industrial base, optimized industrial supply chain and a more efficient industrial structure, which will help achieve socialist modernization in parallel with the rest of the country.

During the period, the province plans to strengthen the development of five pillar industry clusters and promote six nurturing industry clusters.

Foundations will be laid for industry cluster development by problem-oriented and dynamic measures centered on innovation agglomeration, achievement gathering, market players cultivation, key brand building and regional opening-up and cooperation.

The plan directs that the targets shall be guaranteed by organizational leadership, fiscal taxation policies, support for development factors, personnel recruitment and training, statistical monitoring systems and promotions and communications.