Page 354 - 2017 White Paper
P. 354
7 White Paper on the Business Environment in China
3.4 Guangxi Zhuang Autonomous Zone
Link to South China comprehensive utilization of low-quality iron resources,
and laterite-nickel ore.
As the only province of China with both land and
water connections to Southeast Asia, Guangxi鈥檚 Food processing, auto manufacturing, petro-
position was significantly enhanced by the inauguration chemicals, power generation, nonferrous metals,
of the China-ASEAN Free Trade Area in early 2010. The metallurgy and machinery are the seven key industries of
province borders Vietnam to the west and is connected Guangxi. In addition, building materials, pharmaceutics,
to Hong Kong and Macau by the Xi River. Cross-border, textiles and garments, shipbuilding, as well as the
small-value trade with Vietnam accounted for around 64 marine equipment manufacturing industries have grown
percent of Guangxi鈥檚 total exports in 2015. rapidly in recent years. Pine resin is notable as an export-
oriented commodity produced in the city of Wuzhou.
The provincial capital of Nanning in particular plays The province鈥檚 heavy industries include iron, cement and
a key role in China-ASEAN relations. The city is the steel works in Liuzhou, as well as machinery production
permanent home of the annual China-ASEAN Expo and in Nanning and Wuzhou. Pinyang produces ceramics,
the China-ASEAN Economic Park, a provincial-level park fans, felt caps, copperware, combs, brushes and straw
based in the Nanning Overseas Chinese Investment bonnets.
Zone, which aims to enhance cooperation between the
region and the ASEAN countries. In January 2012, Sinopec opened a renovated refinery
in the coastal city of Beihai. The new facility can refine
Economy 100,000 barrels per day, and is integrated with a 200,000
ton-per-year polypropylene unit for producing plastics.
Guangxi is home to many ethnic minority groups
and its economy is based on agriculture and tourism Spotlight on Development Zones
(especially the city of Guilin, known for its proximity
to the Lijiang River and Karst Peaks). Key agricultural Guangxi is also home to new high-tech development
products include sugarcane, of which Guangxi is the zones aimed at attracting investors in the logistics, bio-
leading producer in China, and silk-worm products. engineering, IT, electronic components and shipping
Major grain crops include rice, maize, wheat and sweet industries. The Nanning-Guizhou-Kunming Economic
potatoes. Leading commercial crops include peanuts, Belt and the Beibu Gulf Economic Zone are being
sesame, ramie, tobacco, tea, cotton, and indigo. Guangxi constructed and efforts are being taken to enhance the
is also a major producer of fruit: most notably pomelos, cooperation with Taiwan and other areas in and outside
tangerines, mandarin oranges, lemons, lychee, pears, of Guangxi. At present, over 8,282 companies have
papayas, bananas and pineapples. The region鈥檚 timber settled into Guangxi鈥檚 116 industrial parks, including
(sandalwood and cork) and fishing industries are both China Petroleum, SDIC Power Holdings, Sinar Mas Group
important contributors to the local economy. of Indonesia, Noble Group of Singapore, China National
Cereals, Oils and Foodstuffs Corporation (COFCO) and
The province is also known for its wide variety of Coca Cola.
minerals and metals, and its aluminium processing
industry. In 2011, Guangxi launched a new materials The high-tech enterprises in the High-Tech Industrial
research and development center, investing 30 Development Zones of Nanning, Liuzhou, Qinzhou,
million yuan in R&D for new metallic materials, the Guilin, Yuchai and other industrial zones all generated an
industrial output value of over 59 billion yuan in 2015.
354
3.4 Guangxi Zhuang Autonomous Zone
Link to South China comprehensive utilization of low-quality iron resources,
and laterite-nickel ore.
As the only province of China with both land and
water connections to Southeast Asia, Guangxi鈥檚 Food processing, auto manufacturing, petro-
position was significantly enhanced by the inauguration chemicals, power generation, nonferrous metals,
of the China-ASEAN Free Trade Area in early 2010. The metallurgy and machinery are the seven key industries of
province borders Vietnam to the west and is connected Guangxi. In addition, building materials, pharmaceutics,
to Hong Kong and Macau by the Xi River. Cross-border, textiles and garments, shipbuilding, as well as the
small-value trade with Vietnam accounted for around 64 marine equipment manufacturing industries have grown
percent of Guangxi鈥檚 total exports in 2015. rapidly in recent years. Pine resin is notable as an export-
oriented commodity produced in the city of Wuzhou.
The provincial capital of Nanning in particular plays The province鈥檚 heavy industries include iron, cement and
a key role in China-ASEAN relations. The city is the steel works in Liuzhou, as well as machinery production
permanent home of the annual China-ASEAN Expo and in Nanning and Wuzhou. Pinyang produces ceramics,
the China-ASEAN Economic Park, a provincial-level park fans, felt caps, copperware, combs, brushes and straw
based in the Nanning Overseas Chinese Investment bonnets.
Zone, which aims to enhance cooperation between the
region and the ASEAN countries. In January 2012, Sinopec opened a renovated refinery
in the coastal city of Beihai. The new facility can refine
Economy 100,000 barrels per day, and is integrated with a 200,000
ton-per-year polypropylene unit for producing plastics.
Guangxi is home to many ethnic minority groups
and its economy is based on agriculture and tourism Spotlight on Development Zones
(especially the city of Guilin, known for its proximity
to the Lijiang River and Karst Peaks). Key agricultural Guangxi is also home to new high-tech development
products include sugarcane, of which Guangxi is the zones aimed at attracting investors in the logistics, bio-
leading producer in China, and silk-worm products. engineering, IT, electronic components and shipping
Major grain crops include rice, maize, wheat and sweet industries. The Nanning-Guizhou-Kunming Economic
potatoes. Leading commercial crops include peanuts, Belt and the Beibu Gulf Economic Zone are being
sesame, ramie, tobacco, tea, cotton, and indigo. Guangxi constructed and efforts are being taken to enhance the
is also a major producer of fruit: most notably pomelos, cooperation with Taiwan and other areas in and outside
tangerines, mandarin oranges, lemons, lychee, pears, of Guangxi. At present, over 8,282 companies have
papayas, bananas and pineapples. The region鈥檚 timber settled into Guangxi鈥檚 116 industrial parks, including
(sandalwood and cork) and fishing industries are both China Petroleum, SDIC Power Holdings, Sinar Mas Group
important contributors to the local economy. of Indonesia, Noble Group of Singapore, China National
Cereals, Oils and Foodstuffs Corporation (COFCO) and
The province is also known for its wide variety of Coca Cola.
minerals and metals, and its aluminium processing
industry. In 2011, Guangxi launched a new materials The high-tech enterprises in the High-Tech Industrial
research and development center, investing 30 Development Zones of Nanning, Liuzhou, Qinzhou,
million yuan in R&D for new metallic materials, the Guilin, Yuchai and other industrial zones all generated an
industrial output value of over 59 billion yuan in 2015.
354
