Recently, the signing ceremony of major projects with the theme of "State-owned Enterprises to Help Rural Vitalization Agricultural Project Investment in Guangxi of 2018" has been held, which promoted the formal signing of nine major projects.
It is understood that these projects involve the whole industry chain system of agriculture and animal husbandry, standardized production of characteristic industries, production and marketing platform, smart agricultural data platform, etc. The total amount of the project is more than 30 billion yuan. According to statistics from Investment Promotion Agency of Guangxi Zhuang Autonomous Region, 191 domestic agricultural projects were introduced in Guangxi’s agricultural sector in the first half of 2018, with total investment of 22.788 billion yuan, a year-on-year increase of 16%. The funds in place (including renewal projects) reached 24.206 billion yuan, a year-on-year increase of 1.23%. The projects have influenced more than 20 impoverished counties in Guangxi, such as Zhaoping County and Luchuan County.