Guangxi sees $31.98 billion investment, half from GBA

Nanning, capital city of the Guangxi Zhuang autonomous region, witnessed the signing of 81 investment and cooperation projects worth a combined total of 206.6 billion yuan ($31.98 billion) on Sunday.

Among them, enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area accounted for more than 50 percent of the total investment, with other projects coming from the Yangtze River Delta, the Beijing-Tianjin-Hebei region and Hong Kong, as well as overseas enterprises from Vietnam and Germany.

At the signing ceremony, 52 national well-known business associations signed strategic cooperation agreements with key industrial parks and cities (counties and districts) in Guangxi.

The agreements cover 14 key industries, including digital economy, high-end equipment, high-end furniture and home furnishing, biomedicine and advanced new materials.

Guangxi will focus on implementing the national strategy, put more efforts on promoting industrial revitalization, and accelerate the development of modern industrial systems, said Lan Tianli, chairman of the region, at the ceremony.

Meanwhile, the province will devote itself to rural revitalization and work in unity to develop modern agriculture with distinctive features, Lan added.

A conference was also held at the same day, with a record-setting attendance of 30 of the world's top 500 enterprises, 36 of China's top 500 enterprises, 25 of China's Top 500 private enterprises, 15 of China's top 500 manufacturing enterprises and 58 listed companies.