Luocheng propels development by attracting investment

In 2022, Luocheng Mulam autonomous county increased its efforts to attract investment, with 3.56 billion yuan ($525.54 million) of domestic capital in place, completing 185.57 percent of the tasks assigned by Hechi. The investment has provided new momentum for the county's economic and social development.

Luocheng has accelerated the expansion and upgrading of industrial parks to build a platform for attracting investment. The county has continued to carry out land acquisition and demolition, completing over 7,000 mu (467 hectares) in land acquisitions. Some new industrial parks were built and put into use.

The county has optimized its business environment and provided quality services to attract investment. It has expanded the "internet + government services" model to achieve a 100 percent completion rate for administrative approval and service matters. It has provided comprehensive services for investment promotion projects, as well as promoted the start and construction of signed projects.

In addition, the county has carried out investment activities in many forms to attract foreign entrepreneurs to invest and set up factories in Luocheng. It has launched the normalized investment promotion program in Guangdong-Hong Kong-Macao Greater Bay Area. It signed nine projects at the 19th China-ASEAN Expo and 19th China-ASEAN Business & Investment Summit, with a total investment of 4 billion yuan.

Rural scenery of Luocheng Mulam autonomous county. [Photo/Guangxi Daily]