Southwest China's Yunnan province reported robust foreign trade growth in the first three quarters of 2022
Kunming pocketed investments worth 14.4 billion yuan, which will go towards three projects.
Kunming, the capital of Southwest China’s Yunnan province with a population of 8.46 million, is listed among the megacities.
By 2025, the province's advanced equipment manufacturing industry will strive to achieve 380 billion yuan in operating income and 90 billion yuan in industrial added value, with an average annual growth rate of over 20 percent.
In the fourth quarter of this year, Kunming, capital of Yunnan province, plans to start 196 new industrial projects with investment totaling 80.91 billion yuan ($11.37 billion) and an annual investment plan of 13.36 billion yuan.
Kunming has recently taken over Mohan town, a land port area in Xishuangbanna prefecture, to build an international port city. The move is looking to expand Kunming’s role in opening-up and international trade with South and Southeast Asian countries.
Invest in Kunming.
From January to June, Kunming's GDP has reached 376.97 billion yuan (about $56.65 billion), registering an increase of 1.3%.
