Shang Hai Zheng Quan Bao·2025-07-13 19:46Core Viewpoint - Guizhou province has transformed from being economically disadvantaged to a region attracting significant investment, with over 660 billion yuan in new project contracts signed in a year, showcasing its potential for high-quality development [6][9]. Economic Transformation - Guizhou's GDP was only 1% of the national total over a decade ago, but it has since restructured its development logic, focusing on high-quality industrial growth [6][7]. - The province has implemented the "rich mineral precision development" strategy, leveraging its abundant mineral resources to enhance its industrial economy [7][9]. Industrial Development - Guizhou's phosphate fertilizer production exceeds 5 million tons annually, supplying over 25% of the country's high-quality phosphate fertilizer and exporting over 1 million tons each year [7]. - The province is developing a robust aluminum industry, with plans to create a deep processing cluster and extend the aluminum industry chain [8][9]. Traditional Industries - Traditional industries such as liquor and medicine are undergoing transformation, with Guizhou Moutai reporting a revenue increase of 18.29% year-on-year in Q1 2025 [10][12]. - The province is also focusing on digital transformation in traditional sectors, as seen in the dairy industry and the herbal medicine sector [12][13]. Digital Economy - Guizhou is positioning itself as a leader in the digital economy, with significant investments in data centers and a focus on artificial intelligence as a key driver of economic growth [14][15]. - The province has established itself as a national hub for data processing, with over 48 data centers and a computing power scale exceeding 80 EFLOPS [15][16]. Infrastructure Development - Guizhou has made substantial investments in infrastructure, including the construction of bridges and transportation networks, enhancing connectivity and facilitating trade [20][21]. - The province is also developing a favorable business environment, implementing policies to support private enterprises and improve the overall investment climate [21].