Nandan Industrial Park achieves impressive growth in 2023

Hechi's Nandan Industrial Park in 2023 achieved impressive results driven by industrial vitalization policy. The total industrial output value of enterprises above the designated size (that is, firms with an annual revenue of 20 million yuan or more each)  of the park is projected to achieve a 9.33 percent increase compared to the previous year, reaching 27.2 billion yuan ($3.88 billion). 

Investment in the industrial development of the park is expected to reach 2.68 billion yuan, a year-on-year increase of 13.56 percent. The park also attracted 3.15 billion yuan in investment funds, up 28.04 percent compared with 2022, and generated 875 million yuan in tax, increasing by 2.94 percent year-on-year.

The park focused on green and high-quality development, attracting six new enterprises above the designated size and introducing one "gazelle" company, a high-potential startup. It has signed agreements for projects worth 2.1 billion yuan in refining and casting precious metals and rare metal recycling.

Technological innovation played a crucial role in the park's development, with investments of 70 million yuan and 17 million yuan from two local non-ferrous metals companies to upgrade lead, zinc, and antimony smelting production processes and equipment. The park also attracted four academicians and 58 high-level talents.