Recently, according to the 2020 Plenary Meeting of Nanning Investment Promotion Committee and the Video Conference on Investment Promotion in Nanning, Nanning won the first prize in the Industry Investment Promotion Evaluation and the Actual Utilization of Foreign Investment Evaluation of Guangxi in 2019. Nanning has topped the evaluation for four consecutive years.
In 2019, Nanning focused on tackling difficulties and making fundamental breakthroughs in attracting investment. The actual funds in place of 2019 were 102.6 billion yuan, with a year-on-year increase of 7.97%, and exceeding 100 billion yuan for the first time. The actual use of foreign capital for business reached 310.18 million dollars, with a year-on-year increase of 120.39%, and accounting for 27.96% of the total foreign capital utilized by Guangxi. Nanning has made remarkable progress in introducing big business and industrial giants. Among the newly signed projects with an investment of more than 50 million yuan, 308 were industrial projects, and 220 large projects with investment over 100 million yuan. A number of major industrial projects were catching up to open for business, making a new breakthrough in attracting investment for industry. In 2020, Nanning will dedicate to attracting 113 million yuan of investment in place, utilizing 400 million dollars of foreign capital for business, creating 500 new projects with the respective investment of more than 50 million yuan, and increasing the funds used in strategic emerging industries by 15% or more.