Guiyang, Guian achieve strong results in real economy

Confucius School in Huaxi district, Guiyang and surrounding scenery. [Photo/Guizhou news network]

Guiyang and Guian New Area in Southwest China's Guizhou province is focusing on the development of the real economy and accelerating development of electronic information manufacturing, equipment manufacturing, new energy, knitting textiles, food and other industries.

The entire Guiyang Ring Line Railway is now open to traffic, shortening the time needed to circle the entire city to 1 hour and 26 minutes; construction on Guiyang Health Medicine (Chemical Medicine) Industrial Park is 90 percent complete; the first batch of tea in Guian has been produced, with an estimated 50,000 kilograms of tea leaves picked and estimated output value of about 10 million yuan ($1.51 million).

Over the past five years, 18,000 new industrial market entities have been registered, and the added value of high-tech manufacturing industries now accounts for 19 percent of the added value of industrial enterprises above designated size; the added value of modern service industries accounts for 53 percent of the added value of the service industry; and the conversion rate of agricultural products processing has continued to increase.

Big data has brought about major development opportunities. By stimulating the integrated development of the real economy and big data, Guiyang and Guian have achieved fruitful results.

The city has more than 5,000 big data companies. The software and information technology service industry above designated size has an average annual growth rate of 45.4 percent, and the total output value of the electronic information manufacturing industry above designated size has an average annual growth rate of 11.1 percent. The digital economy accounts for more than 40 percent of the regional GDP.

The city also implemented 134 big data integration benchmarking projects, the proportion of industrial enterprises above designated size on the cloud exceeded 85 percent, and the big data and real economy integration index reached 52.