Pioneering reforms propel Guangxi FTZ

From the nation's first "carbon reduction tool, sustainability-linked and e-CNY" loan to the New International Land-Sea Trade Corridor's "single-bill" digital bill of lading letter of credit, the Guangxi Pilot Free Trade Zone has implemented a number of groundbreaking measures to unlock corporate vitality.

The Guangxi Pilot Free Trade Zone is thriving. [Photo/Guangxi Daily]

As of August 2025, the zone accounted for 42 percent of the region's utilized foreign investment and 39.6 percent of its total foreign trade. Over the course of six years, the number of new enterprises in the zone surged 32-fold to over 120,000, while industrial output grew at an average annual rate of 15 percent.

The Nanning area is accelerating the China-ASEAN AI Application Cooperation Center and has nurtured 124 above-scale digital economy enterprises.

The China-ASEAN AI Application Cooperation Center has facilitated the signing of agreements for over 60 projects. [Photo/Guangxi Daily]

In the Qinzhou port area, five port-side industrial clusters, including green chemicals and new energy materials, are driving high-quality development. The output value of major industries here surpassed 136.2 billion yuan ($18.9 billion) in 2024.

The Chongzuo area focuses on electronic information and ASEAN specialty processing, attracting 42 enterprises from eastern China looking to establish operations in Guangxi.