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Home >> Business
UPDATED: 18:56, November 19, 2004
China's strategy spurs development of infrastructure in Guizhou
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The provincial information office of Guizhou said that development in west China has led to a great infrastructure improvements in southwest China's Guizhou Province.

Guizhou invested 310 billion yuan (about 37.4 billion US dollars) in fixed assets in the past five years, an amount equal to the previous total investment in the area since New China was founded in 1949.

Inspired by the strategy of the central government, Guizhou worked out its own plan to improve its infrastructure in five years, to make breakthrough in ten years and to gain great economic results in 15 years.

In the five years, highways had been built to criss-crossing the province. Each county is now linked by asphaltum-paved roads and every town has road access to each other.

In the meantime, Guizhou, rich in natural resources, has spared no effort to develop its electric power. It has in the past five years pooled funds to invest 54.3 billion yuan (about 6.55 billion US dollars) in power generating capacity.

The investment is one-fifth of the total in fixed assets, and installed generating capacity increased by 5.4 million kw, which exceeds the aggregate amount in the past five decades since 1949, according to the office.

Guizhou's power generating capacity now reaches more than 10 million kw, some 3.2 million kw of which are sold to its neighboring provinces. And the power generating has become a pillar industry of the province.


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