Investing in Guangxi
Guangxi is an autonomous region located in South China. The province of Guangxi is incredibly rich in resources and raw materials and has become a center for the burgeoning Chinese automotive industry and the production of motor vehicles in general. Nanning is the capital and the largest city of the province. Guangxi has a population of 50.1 inhabitants and a surface area of 237,000 km2.
Local authority data shows that Guangxi Province recorded total exports of USD 39 billion and total imports of USD 31 billion, with 5,333 established foreign investment companies. In addition to an average urban salary of USD 10,670.
In terms of GDP, the province of Guangxi is 19th in China, reaching USD 321 billion in 2020 and USD 305 billion in 2019, with a GDP per capita of USD 6,473 and overall economic growth measuring at 6.0% in 2019 and +3.7% in 2020.
Main Economic Centers (GDP) in Guangxi
Nanning (USD 70 billion)
Liuzhou (USD 46 billion)
Guilin (USD 33 billion)
Yulin (USD 26 billion)
Qingzhou (USD 21 billion)
Main Sectors in Guangxi
Main Industrial Areas in Guangxi
Guangxi Pilot Free Trade Zone
Nanning Economic and Technological Development Zone
Guangxi-ASEAN Economic and Technological Development Zone
Qinzhou Port Economic and Technological Development Zone
China-Malaysia Qinzhou Industrial Park
Nanning High-tech Industrial Development Zone
Guilin High-tech Industrial Development Zone
Nanning Comprehensive Bonded Zone
Guangxi Qinzhou Free Trade Port Area
Beihai Silver Beach National Tourist Resort
(Guangxi) Pilot Free Trade Zone
Guangxi’s Pilot Free Trade Zone was established in 2019 in order to form a getaway to connect the 21° Century Maritime Silk Road and the Silk Road Economic Belt. Thus, it has the purpose of deepening the open cooperation with the ASEAN region, promoting the construction of a new channel for international land and sea trade as well as exploring the development and opening-up of border areas.
The industries targeted by the Free Trade Zone are those of modern finance, smart logistics, digital economy, shipping and logistics, international trade and green chemicals. The functional areas included are those of Nanning (46.8 km2), Qinzhou (58.2 km2) and Chongzuo area (15.0 km2).