Views: 10000 Author: Site Editor Publish Time: 2025-06-19 Origin: Site
Guyuan: Project Development Becomes a Powerful Engine for Catch-Up Growth
Ningxia Daily | February 6, 2025
"Following the Spring Festival holiday, construction of the above-ground factory building will commence. Upon completion and operation, the project is expected to generate an annual output value of 300 million yuan, contribute 20 million yuan in tax revenue, and create over 300 jobs, further extending the textile and apparel industry chain," said Liang Jingbo, head of Ningxia Jingjin Carpet Co., Ltd., on February 3rd. He emphasized that choosing to invest in Guyuan stemmed from high confidence and expectations in the local business environment. Notably, Guyuan City implemented 162 investment attraction projects last year, securing actual funds of 18.3 billion yuan, surpassing the autonomous region's target of 17.5 billion yuan by 104.5%.
Ningxia Jingjin Carpet Co., Ltd.'s intelligent, large-scale textile equipment and carpet pile fabric manufacturing project utilizes over 30 patents. With a planned total investment of 230 million yuan, the carpet pile fabric produced will be widely used for interior decoration in aircraft, high-speed trains, automobiles, and homes.
This project exemplifies Guyuan City's achievements in targeted investment promotion. To secure the project's signing and implementation, the principal leaders of the Guyuan Municipal Government led over ten delegations to Jiangsu Province for inspections, negotiations, and discussions on support policies. This culminated in the signing of a cooperation agreement on April 17, 2024, and the project broke ground in the Light Industry Park of the Guyuan Economic and Technological Development Zone on October 30, 2024.
"Through proactive outreach, inviting businesses for inspections, face-to-face negotiations, and targeted support services, 53 industrial projects each exceeding 100 million yuan in investment commenced construction last year," stated a relevant official from the Guyuan Investment Promotion Service Center.
In recent years, Guyuan City has consistently prioritized investment promotion as a key driver for high-quality development, implementing successive industrial capacity expansion plans and supply chain upgrade initiatives. This year, Guyuan will intensify its investment promotion efforts, focusing on key regions and target enterprises, increasing the frequency and depth of outreach and invitation activities to comprehensively enhance the quality and effectiveness of investment attraction. Concurrently, the city will closely monitor 37 signed projects pending commencement, such as the Zhongwu Smart Cold Chain Logistics and Yingyuan Health & Wellness Tourism Town projects, to expedite their launch and construction. It will also strive to ensure the full operation and efficiency of 39 projects like the Xiangchuan Smart Edible Mushroom Industry Chain project.
Editor: Rui Jie Qin
This article is republished from Ningxia Daily.
Editor: Rui Jie Qin
Original source: https://www.peopleapp.com/column/30048172566-500006076854
