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Invest in Guangxi

chinadaily.com.cn Updated: 2019-03-22

Overview

Located in the southern part of the motherland, Guangxi Zhuang Autonomous Region connects Guangdong Province in the east, neighbors Beibu Gulf in the south and faces Hainan Province across the sea. It borders Yunnan Province in the west, Hunan Province in the northeast, Guizhou Province in the northwest, and the Socialist Republic of Vietnam in the southwest. Guangxi covers an area of 237,600 square kilometers, and the Beibu Gulf area of approximately 40,000 sq km.　

The overall area in Guangxi is the hilly basin landform, which accounts for 39.7 percent of the total land area in Guangxi.

Guangxi is in the subtropical monsoon climate zone, with an average annual temperature of 17.5 to 23.5 C, average annual rainfall of 841.2 to 3387.5 millimeters, and average annual sunshine of 1213.0 to 2135.2 hours. As a multi-ethnic inhabited region, there are 12 native ethnic groups, including Zhuang, Han, Yao, Miao, Dong, Mulam, Maonan, Hui, Jing, Sui and Yi, and there are 44 other ethnic groups including Manchu, Mongolian, Korean, Tibetan, Li and Tujia. Zhuang is the most populous ethnic group in Guangxi and China.

Guangxi has rich natural resources including mineral resources, marine resources and animal and plant resources.

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In 2018, Guangxi's GDP reached 2.04 trillion yuan ($290 billion), up 6.8 percent over the previous year. Primary industry grew 5.6 percent, secondary industry climbed 4.3 percent and tertiary industry witnessed a year-on-year growth rate of 9.4 percent. Primary industry accounted for 13.1 percent of the 2018 GDP, secondary industry 25.4 percent and tertiary industry 61.5 percent.

Pillar Industries

Tourism industry

Rich tourism resources and unique ethnic customs are also a major attraction of Guangxi. The main boutique scenic spots in Guangxi include Guilin Culture and Leisure Resort, Nanning Business Exhibition Lvdu Cultural and Tourism Area, Binhai Tourism Area based on Beihai Beach, Leye Dashiwei Tiankeng Group National Geopark, and Detian Transnational Waterfall Tourism Area, Guidong Religious Scenic Site Historical and Cultural Tourism Area, Hezhou Shanshui Ancient Town Ecological Cultural Area, Guizhong Zhuang-Yao-Miao-Dong-Ethnic Customs Eco-tourism Area, "Three Sacred" Tourist Area in Laibing and Jinxiu and South China Border Customs Tourism Area with Pingxiang and Jingxi as the core.

Hi-tech industry

Guangxi boasts more than 10 industrial parks, including Beihai National High-tech Industrial Development Zone, Guilin National Hi-tech Industrial Development Zone, Nanning Economic and Technological Development Area, as well as Nanning National Hi-Tech Industrial Development Zone. Beibu Gulf Economic Zone, approved by the central government as China's first international and regional economic cooperation zone in Guangxi in February 2008, which started construction in 2006, contributes large in promoting economic development of the six coastal cities along the Beibu Gulf.

Advantages

Location advantage

The autonomous region is a long-term host of the China-ASEAN Expo, and conferences such as the Pan-Beibu Gulf Economic Cooperation Forum are often held, largelypromoting the economic development in the region.

Resource advantage

Guangxi has rich natural resources including minerals, marine life and animals and plants. There are large reserves of many minerals, especially aluminum, tin and other non-ferrous metals. Guangxi is one of the 10 key non-ferrous metal production regions in China. Its mangroves cover a total area of 5,654 sq km, accounting for 45 percent of the national total. Beibu Gulf is not only a renowned fishing ground in China, but also a treasure house of the world's marine biological species.

Guangxi is one of China's key production centers for nonferrous metals. The autonomous region holds approximately 33.33 percent of all tin and manganese deposits in China.

From January to May in 2018, Guangxi's total revenue reached 121.3 billion yuan, a year-on-year increase of 9.9 percent; its total volume of imports and exports reached 147.9 billion yuan, up 8.9 percent year-on-year.

Investment promotion agencies

1. People's Government of Guangxi Zhuang Autonomous Region

Website: http://en.gxzf.gov.cn/doingbusiness.html

2. Department of Commerce of Guangxi Zhuang Autonomous Region

Contact:

Tel: 0771-2211607

E-mail: qixing333@163.com

Address: No 137 Qixing Road, Nanning, Guangxi

3. Guangxi Investment Promotion Agency

Contact:

Tel: 0771-5885983

Fax: 0771-5861612