Phase I of the Pinggui District Rural Revitalization Industry Cluster Project

Project Location: Pinggui District, Hezhou City, Guangxi Zhuang Autonomous Region

Project Overview:

Rural areas represent a weak link in China’s drive toward comprehensive modernization. The level of rural modernization determines the overall level of China’s modernization. Whether we can achieve modernization hinges critically on agriculture and rural areas. To revitalize rural areas, the key lies in revitalizing industries. Industry is the foundation of development; only when industries thrive can farmers’ incomes grow steadily.

Total floor area of the project Covering an area of 480,659.40 square meters, the project encompasses standard factory buildings with a frame structure, dormitories and canteens, a wastewater treatment plant, and other supporting facilities. Leveraging the district’s strategic location in Pinggui District—the “Pioneering Demonstration Zone for Eastward Integration in Guangxi”—the project is fully committed to building a cluster of industrial enterprises, attracting modern production factors and business entities to concentrate in this region. Upon completion, the project will serve as a “new engine” driving high-quality development in Pinggui District and become a “new platform” for accommodating industrial transfers from the Guangdong-Hong Kong-Macao Greater Bay Area. The project’s implementation will capitalize on its unique locational advantages by establishing an industrial cluster platform, systematically enhancing Pinggui District’s industrial infrastructure and overall supply-chain capabilities, strengthening the district’s core industrial competitiveness and cluster effects, accelerating its industrial structural upgrading, boosting its capacity to attract and host industries, enhancing its industrial agglomeration power and regional radiation influence, and reinforcing Pinggui District’s collaborative and interactive capabilities with the advanced manufacturing industries of the Guangdong-Hong Kong-Macao Greater Bay Area, thereby speeding up the process of new economic growth under the “new normal.”

The project was initiated on... Completed in December 2022 and approved by financial institutions for a loan, with total financing amounting to 800 million yuan.