Page 148 - AmCham South China 2026 Special Report on the State of Business in South China
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Guizhou











           The economy                                        a modernized industrial system. By 2027, Guizhou

                                                              plans to establish three RMB500 billion industrial
                                in the southeastern part of   clusters in deep resource processing, new energy
           Located southwest China, Guizhou                   battery  materials  and  modern  energy,  as  well  as
                              2
           covers 176,200 km  and had a population of         three RMB300 billion industrial clusters in soy sauce-
           38.6 million in 2024. It serves as an important    flavored liquor, big data and electronic information
           hub connecting the Belt and Road, the Yangtze      and advanced equipment manufacturing.
           River Economic Belt, the Pearl River-Xijiang River
           Economic Belt, the Chengdu-Chongqing Economic        Being  one  of  the  Chinese  provinces  rich  in
           Zone and the GBA. It is also a key node in the     mineral resources, Guizhou has discovered 137
           New International Land-Sea Trade Corridor in       types of minerals, accounting for 80% of China¡¯s
           Western China. During the 14th FYP period,         total discovered mineral types. To implement
           Guizhou¡¯s GDP grew from RMB1.83 trillion in        the  refined  exploitation  of  mineral  resources
           2020 to RMB2.27 trillion in 2024, with an average   strategy,  Guizhou  has  launched  a  new  round  of
           annual growth rate of 4.9%. By integrating cultural   exploration initiatives and developed an ¡°1+3+5¡±
           tourism with industries such as baijiu, agriculture   industrial network. A number of major projects
           and sports, Guizhou is creating distinctive and    worth over RMB100 billion have been completed
           immersive experiences that transform its resource   and started operation, fundamentally building a
           advantages into economic growth. Total tourism     modern industrial system and nationally important
           revenue reached nearly RMB840 billion in 2024. In   resource deep processing base. To further promote
           H1 2025, Guizhou¡¯s economy maintained steady       the  new  energy  battery  and  materials  industries,
           growth of 5.3% YoY 117 , driven by strong industrial   the government is implementing the ¡°Electric
           output.  The  integration  of  modern  services    Guizhou¡± initiative, forming a robust industrial chain
           with advanced manufacturing is accelerating,       encompassing mineral resources, battery material,
           and the transformation and upgrading of the        battery  cells,  battery management systems,  NEVs
           service sector are progressing. Thanks to the      and battery recycling. To transform the traditional
           Belt and Road Initiative, the province has greatly   ¡°complementarity of water and thermal power
           expanded foreign trade with the Belt and Road      generation¡± into a multi-energy complementarity
           partner countries and the ASEAN, achieving an      of water, thermal, wind, solar power and energy
           average annual growth rate of 28.4% and 33.8%      storage, Guizhou focuses on building a new
           respectively over the past two years.              integrated energy base and aims to reach an output
                                                              value goal of RMB500 billion by 2027.

           Market highlights                                    With  the  deep  implementation  of  ¡°East-to-
                                                              West Computing Capacity Diversion¡± project,
             As a comprehensive reform demonstration          Guizhou has built competitive edge in intelligent
           zone for western China¡¯s development, Guizhou is   computing and has been leading the nation in
           focusing on the ¡°3533¡±  industrial cluster strategy,   digital economy growth for ninth consecutive
                               118
           building six major industrial bases and constructing   years. Meanwhile, the Global Big Data Exchange in
                                                              Guiyang, founded in 2015 and serving as China¡¯s
           117  Statistics Bureau of Guizhou, https://stjj.guizhou.
           gov.cn/tjsj/tjfbyjd/202507/t20250721_88317327.html  first big data exchange, has been promoting the
           118  Government of Guizhou, https://www.guizhou.gov.  flow  and  trade  of  data  resources  nationwide.
           cn/home/gzyw/202410/t20241002_85784420.html        Supported  by  abundant  computing  power


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