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Introduction of Guian New Area's investment environment

Updated : 2017-12-14 Print

Basic information

Guian New Area is a state-level new area approved by the State Council of China on Jan 6, 2014. It is located in Guizhou province, southwestern China, between Guiyang and Anshun. The State Council of China gave Guian New Area the strategic mission of building an important economic growth pole in the western region of China, a new highland for open economy and a demonstration zone for ecological civilization. The new area plans to set up five major functional capacities -- operate as a leading new inland open economic area, innovate and develop pilot zones, gather high-end service industries, establish an international leisure and tourism area, and construct a region of ecological civilization. By 2020 it will be completed as an eco-city with a beautiful environment and a livable and distinctive international landscape.

Development advantages

Ecological and cultural advantages 

Guian New Area is located in the world-class gold tourism belt between the ancient town of Qingyan and Huangguoshu Waterfall. It has an average annual temperature of 15℃ and more than 20 World Heritage sites and National Scenic Areas. It has beautiful scenery and a diversified original culture built on 17 native ethnic heritages.

Resource and personnel advantages 

Guizhou is rich in mineral resources and is an important province in China for "sending electricity from the west to the east". The price of electricity is obviously lower than that of other regions. Guizhou's GDP, thanks to the province's rapid development, has been among the highest in the whole country over the past five years. Guizhou ranks fourth among inflow destinations of college graduates in China. At the same time, labor and land costs are relatively low, with obvious comparative advantages.

Reform and innovation advantages 

As a state-level new area, Guian New Area enjoys more favorable reform and experimentation rights granted by the State in fiscal policies and taxation, investment, finance and land, and a more favorable industrial support policy. The new area was authorized by the State Council to set up the Guian Comprehensive Bonded Zone and was approved by the State Council as a pilot for innovative development of the national service trade. It was named a "National Big Data Industry Development Agglomeration Zone" by the Ministry of Industry and Information Technology. It set up 50 billion yuan ($7.90 billion) worth of new urbanization development investment fund, approved by the National Development and Reform Commission. At the same time, the provincial government granted provincial-level approval authority to Guian New Area and allowed it to conduct pilot tests in planning, taxation, science and technology, investment and financing, opening-up, administration and innovation and entrepreneurship. In accordance with the "management committee + command + company" model, the new area established four industrial parks with a new enterprise-oriented operation system. Relying on Huaxi University City and Qingzhen Vocational Education City, the new area created "Guian Valley", promulgating public entrepreneurship innovation and support for college students, and implementing a series of policies and measures that led to the establishment of the headquarters of the Guian China Creator Alliance and the Guian Creator's service center.

Geographical location advantage 

Guian New Area is a transport hub located in southwestern China. A number of regional trunk channels converge there. Guizhou-Guangzhou High-speed Railway and Guiyang section in Shanghai-Kunming High-speed Railway have been opened to traffic, while the construction of Chengdu-Guizhou High-speed Railway and Chongqing-Guizhou High-speed Railway is accelerating. In addition, Lanzhou-Haikou Expressway, Xiamen-Chengdu Expressway, and Hangzhou-Ruili Expressway run through Guian New Area. The new area will become an important node area linking three major economic zones of China -- Chongqing, Yangtze River Delta and Pearl River Delta, and the ASEAN Free Trade Area; altogether covering a population of two billion.

Production factors

Infrastructure construction 

All 560-km of the city's major road networks, and the main roads of its industrial parks and University City, have been completed and are open to traffic, forming a smooth road network. The new area's five sewage treatment plants have the highest standards in China, There are also one waterworks with a daily water supply capacity of 200,000 tons, two 220KV substations and four 110KV substations. About 900 km of water, gas, electricity, and telecommunication networks have been completed, as has the total construction area of 300,000 square meters of living area in the industrial park. University City in the new area hosts seven colleges and universities. Construction of four more colleges and universities and supporting complex facilities is to be accelerated. Guian High Speed Railway Station, rail transit, Guian School Affiliated to Beijing Normal University, Tongji Hospital in Guian, an underground integrated pipe system, urban complexes and other major projects are also being built on accelerated basis.

Land protection 

Guian New Area is where Guizhou can develop and utilize the most abundant land resources. A total area of 260 square kilometers is planned as construction land, of which 57.5 square kilometers are slated for industrial use. The Guizhou provincial government guarantees availability of development and construction land in Guian New Area, and the land use quota can be adjusted within the province.

Human resources

As an important part of Guian New Area, Guizhou Huaxi University City and Qingzhen Vocational Education City have educational and scientific research functions. They are part of a new science and technology industrial park well-supplied with talent, knowledge, and technology operating with a green philosophy. Huaxi University City has to date built seven colleges and universities, and five are under construction. Nearly 120,000 teachers and students have been recruited, of whom 70,000 have been accommodated in Qingzhen Vocational Education City, which alone has built 19 schools. The number of teachers and students will reach 400,000 or more in the next few years, which will provide Guian New Area with strong intellectual support.

Investment advantages

Build an ecological investment system in the new area 

The new area has built a comprehensive investment business ecosystem around big data and information, high-end equipment manufacturing, large health medicine, cultural tourism, modern mountain agriculture, modern service industry and other major industries. It has also built a pro-business humanistic system, a business environment ecosystem, a strong business financial ecosystem, a business services ecosystem, a multi-business ecosystem, and effective network and other mechanisms to promote business and clarify the precise national positioning of the new area's investment and business capacity.

Preferential policies 

The new area is strictly following the Guizhou provincial government's "Plan of big data industry development and implementation in Guizhou province", as well as its "Opinions on speeding up the development of big data industry". It also adheres to other policies such as "Preferential policies for enterprises and manufacturing plants in Guian New Area", "Support measures for enterprises in electronic information industrial parks and high-end equipment manufacturing industrial parks in Gui'an New Area", "Measures on encouraging settlement in the data center in Guian New Area", "Policies and measures on deepening reform of science and technology systems to enhance technological innovation capability" and others. For further high-tech and advanced projects, special policies will be negotiated on case-by-case basis.