Investing in Guizhou
Located in Southwest China, the province of Guizhou is acknowledged to be rich in mineral deposits and natural resources, and it is also a major producer of tea and alcoholic beverages, especially liqueurs and spirits. Guizhou province is a well-known exporter of tobacco and herbs for medicinal use. Guiyang is the capital and the largest city of Guizhou province. The province of Guizhou covers a total surface area of 176,167 km2 standing a population of 38.5 million inhabitants.
Local authority data shows that Guizhou province recorded total exports of USD 4.7 billion and total imports of USD 2 billion, with 1,891 established foreign investment companies. In addition to an average urban salary of USD 11,836.
In terms of GDP among the provinces in China, Guizhou ranked 20th, reaching USD 258 billion in 2020 and USD 241 billion in 2019 with a GDP per capita of USD 7,131. Along with GDP growth of +8.3% in 2019 and +4.5% in 2020.
Main Economic Centers (GDP) in Guizhou
Guiyang (USD 63 billion)
Zunyi (USD 54 billion)
Bijie (USD 30 billion)
Qiannan (USD 23 billion)
Qianxinan (USD 20 billion)
Main Sectors in Guizhou
Raw materials
Tobacco
Foodstuffs
Traditional medicine
Main Industrial Areas in Guizhou
Guiyang Economic and Technological Development Zone
Zunyi Economic and Technological Development Zone
Guiyang High-tech Industrial Development Zone
Anshun Hugh-tech Industrial Development Zone
Guiyang Comprehensive Bonded Zone
Zunyi Comprehensive Bonded Zone
Gui’an Comprehensive Bonded Zone