The Guizhou provincial government held a symposium on the cooperation and development of top 500 Chinese companies in Beijing in Beijing, and threw out olive branches to famous enterprises such as JPMorgan Group, Hanwha Group and China National Offshore Oil Corporation. They were invited to provide energy, deep processing of resources, and equipment manufacturing. The seven major sectors of light industry, strategic emerging industries, modern services, culture and tourism industries are invested in Guizhou. Guizhou is a province where many ethnic groups live in the western part of China, and it is also the most underdeveloped province with the poverty problem. Therefore, the Chinese government will further promote the sound and rapid development of Guizhou's economic and social development as a national strategy, and the entire province of Guizhou has also embarked on the road to catch up. “Leveraging on catching up with and surpassing†is a strategic choice made by Guizhou. In the past two years, the province has attracted foreign capital to invest in Guizhou with unprecedented investment attraction. On December 26, 2010, the Guizhou Provincial Government held a seminar on the development of investment in Guizhou and central enterprises at the Great Hall of the People in Beijing. 108 central enterprises, including the three major oil companies, were invited to sign 47 projects, accumulating 299.2 billion yuan in gold. . On December 22, 2011, the Guizhou Provincial Government and the All-China Federation of Industry and Commerce jointly organized a national private enterprise in Guiyang to promote the Guizhou Development Conference. It signed 500 projects with domestic private enterprises and accumulated a total of 583.56 billion yuan in gold. At the seminar on cooperation and development, there were 14 Fortune 500 companies and 22 Fortune 500 companies. According to Meng Qiliang, deputy governor of Guizhou Province, Guizhou will also hold investment and trade promotion contracts in Hong Kong in June this year, and hold an investment and trade fair in Guiyang in September. Since last year, a group of petrochemical companies have invested in Guizhou to start business. On March 12, 2011, CNPC and the Guizhou Provincial Government signed a strategic cooperation framework agreement. They plan to invest more than RMB 40 billion in the “Twelfth Five-Year Plan†period to promote the construction of oil and gas pipelines and natural gas comprehensive utilization projects to increase oil and gas Supply, provide oil protection. The first phase of the Sinopec Guizhou Zhijin New Energy Chemicals Base Phase I project was laid in September last year. The total investment in the construction of the new energy and chemical industry base will reach 61 billion yuan, including a planned investment of 18 billion yuan, a new 1.8 million tons/year methanol, 600,000 tons/year methanol to olefins, and 300,000 tons/year linear low density Polyethylene and 300,000 tons/year polypropylene and other devices are expected to be put into operation within two years. In October last year, Guizhou Jinsong Chemical Co., Ltd. laid the foundation for Zhijin Fine Phosphorus Chemical Project. This is a large-scale fine-phosphorus chemical project jointly built by China National Offshore Oil Corporation and Guizhou Yifu Group. The total investment of the project is 13.8 billion yuan, and the construction period is 7 years. At that time, it will form a production capacity of 5 million tons of annual output, 900,000 tons of phosphoric acid and 400,000 tons of purified phosphoric acid. According to relevant regional development plans, during the “Twelfth Five-Year Plan†period, Guizhou Province will further expand and strengthen the energy industry, strengthen exploration and exploration of natural gas and petroleum, and promote the exploration and development of unconventional oil and gas resources such as shale gas and coal bed methane. And comprehensive utilization; vigorously develop the resources deep-processing industry, including the construction of Zhijin- Xifeng-Kaiyang-Zhaoan-Fuquan Phosphorus and Coal Chemical Industrial Belt, and the construction of Qingzhen-Xianxi- Zhijin Coal-Alluminum and Coal-to-Electrical Cycle Economy Demonstration Base, to develop coal-to-olefins project in Bijie and Liupanshui, to develop ethylene glycol project in Guiyang, to build a fine barium carbonate production and research and development base in Anshun and Tongren, and to actively develop chlor-alkali chemicals, rubber processing and forest chemical industry. At the same time, Guizhou will also cultivate and develop strategic emerging industries, build Guiyang and Zunyi new materials industry bases, cultivate biomedical and biological breeding industries in Guiyang, Zunyi, Anshun and Weinan, vigorously develop energy-saving technologies and environmental protection industries, and build photovoltaics. Product R&D and new energy automotive industry base. In order to better attract foreign investment, Guizhou has introduced a series of preferential policies and measures. At the symposium on May 9, the relevant person in charge of the Guizhou Provincial Investment Promotion Bureau analyzed the investment costs in the capital. According to reports, the cost of labor in Guizhou is relatively low. In 2010, the average wage of the secondary industry was 31,157 yuan per person. In Guiyang, for example, the minimum industrial benchmark land price was 93,000 yuan per mu; the province’s industrial electricity consumption was about 0.5 yuan/kW. 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