Wudang accelerates its efforts to be an industrial hub

Wudang district in Guiyang, capital of Southwest China's Guizhou province, has embraced the unprecedented advantages coming from being part of the New International Land-Sea Trade Corridor to accelerate its opening-up at a higher level with the goal of developing itself into a medium and high-end consumption goods manufacturing area. 

After Guiyang became part of the New International Land-Sea Trade Corridor, Wudang has geared up its efforts to formulate a modern economic system led by the health industry, focusing on industrial chain extension, value chain improvement, and industrial cluster development. 

Boost industries to develop medium and high-end consumption goods manufacturing

Through Wudang's efforts, Guiyang has turned from an edible bird's nest-free place to the manufacturing base of Zhongrou, a notable edible bird's nest company that is aiming to increase its market share in China and the whole world. Its Wudang-headquartered manufacturing base went into production in October. 

"We have completed one production line and it is expected to generate an output worth 50 million yuan ($7.80 million) this year. The second production line will go into use next January," said Zhou Kezhong, chairman of Zhongrou. 

Zhou also disclosed that his company plans to construct its biggest manufacturing base in the world in Guiyang, contributing to the city's development of medium and high-end consumption goods commerce, trade, and manufacturing. 

"At present, the consumption goods manufacturing industry in Wudang covers about 160 kinds of products, with its main products being health medicine and special foods. It has the space to extend into the medium and high-end industry, as well as expand its value chain to a higher level," said He Ping, deputy director of the industry and information bureau of Wudang. 

Grasp opportunities to improve opening-up level

By relying on the provincial Wudang Economic and Development Zone, Wudang district has secured two national and 29 provincial key labs and technological platforms like Zhihuiyunjin. At present, Zhihuiyunjin has become Guizhou's largest-scale incubation center and innovation platform, clustering 38 promising enterprises like iFlytek.

Guizhou Jingfeng Injection Co has become a standout high-tech pharmaceutical enterprise with outstanding R&D. It has a complete and advantageous product portfolio in the fields of anti-tumor, as well as cardio and cerebrovascular treatment since its establishment less than 10 years ago in Guizhou. 

Sales revenue has rapidly grown since the company settled in Guiyang, with its Shenxiong glucose injections becoming its featured product to have an output value exceeding 1 billion yuan. The company's 2018 sales reached nearly 1 billion yuan and contributed 170 million yuan in tax revenue, according to Yu Yuan, general manager of Guizhou Jingfeng Injection Co. 

By taking the opportunities brought about by the Belt and Road Initiative and land port revitalization, Wudang is now mulling its investment attraction plans to several key places, including Beijing, Shanghai, Japan, South Korea, and several first tier markets in Europe. 

At present, the district is focusing on improving its core competitiveness to support the upgrading and transformation of several pharmaceutical companies, as well as the global expansion of several equipment manufacturing enterprises to shape new dynamics for its medium and high-end manufacturing sector. 

Optimizing its business environment to bolster high-quality economic development

"Thanks to the great help of Wudang, our company was able to settle and realize fast production," said Wu Di, sales head of Guizhou Lizhijian Bioscience Technology Co, who praised for the district's measures in settlement, procedure transactions, decoration subsidiaries, and green channels. 

By continuing to deepen its services for companies, Wudang has made it a working priority to create a convenient, flexible, transparent, fair, and efficient business environment. A kind of service-oriented government will also be constructed. 

"Through establishing and improving the service system, Wudang helps enterprises solve difficulties and problems from several key aspects, such as basic safeguards, procedure transactions, talent support, market cultivation, and integrated development," said Wu Jie, director of the economic development bureau of Wudang Economic Development Zone.