- MEDIA CENTER
The National Development and Reform Commission and the Ministry of Commerce released a revised industry catalog on Dec 28, 2020, that identifies more sectors encouraging foreign investment.
During the 13th Five-Year Plan period (2016-20), Southwest China's Guizhou province has seen significant improvements in its road infrastructure, high-speed railway development, airport construction and shipping lines – with many new routes opening to traffic.
Guiyang, the capital of Southwest China's Guizhou province, is among China's first batch of pilot cities for culture and tourism consumption, according to a notice.
According to the provincial big data bureau, Southwest China's Guizhou province achieved 50.66 billion yuan ($7.77 billion) of revenue from software and information technology services during the first 11 months of this year.
From January to October this year, Southwest China's Guizhou province reduced 11.8 billion yuan ($1.81 billion) of taxes, 3.81 billion yuan of which were lowered according to new policies released this year.
Southwest China's Guizhou province recently issued measures to improve the business environment and better serve market entities, developing both the domestic and international economic cycle.
To stimulate culture- and tourism-related consumption, Southwest China's Guizhou province recently selected 10 scenic spots to develop the nighttime economy.