NANNING, Sept. 30 (Xinhua) - South China's Guangxi Zhuang Autonomous Region plans to invest 450 billion yuan during 2016-2020 to develop local strategic emerging industries.
According to the newly released 2016-2020 development plan of Guangxi, the investment would be used on 183 projects of six strategic emerging industries, including information technology, smart equipment manufacturing, energy saving and environmental protection, new materials, new energy vehicles, and big health.
Guangxi targets to achieve an annual growth of over 15 percent in added value of emerging industries and make them to make up 15 percent of Guangxi's GDP by 2020.
Guangxi would introduce overseas capital, technologies and talents into its strategic emerging industries through the construction of China-ASEAN Information Port, said Zhong Yi, an official with local top economic planner, Guangxi Zhuang Autonomous Region Development and Reform Commission.
Guangxi plans to cultivate provincial capital city of Nanning into an emerging industrial core growth pole, while build Guizhou-Liuzhou emerging industrial innovation zone and special emerging industrial development zone, East Guangxi emerging industrial transfer cluster and Hechi-Libin big health and new material industrial clusters.