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Reignwood signs agreements with Guiyang Municipal People's Government and Gui'an New District to deepen the western region development

2020-08-18

In order to deepen the country's western development strategy, on August 18, the Guiyang Municipal People's Government, the Gui'an New District Management Committee and Reignwood Group signed a strategic cooperation agreement.

Zhao Deming, Secretary of the Communist Party of Guiyang Municipal Committee and Chairman Yan, member of the national committee of CPPCC attended the signing ceremony. Deputy Secretary of the CPC Guiyang Committee, Chen Yan and Executive President of Reignwood Group, Secretary General of Reignwood Culture Foundation, Shenzhu made speeches.

According to the agreement, the two parties reached an agreement on the investment and construction of Reignwood FMCG headquarters of the western region, functional beverage production base and Reignwood Aviation project.?The western regional headquarters of Reignwood FMCG will provide services such as business offices, business reception, cultural exchanges, residence space, and youth training. The functional beverage production base will cooperate with Reignwood upstream and downstream cooperative enterprises to achieve cluster development. In terms of Reignwood aviation industry both parties will involve cooperation in medical rescue, forest fire prevention, government commuting, and disaster response.

?As the only member of the CPPCC from Hong Kong performing duties in Guizhou, since 2018, Chairman Yan has gone to Guizhou three times for investigations within three years. Paying attention to local poverty alleviation, He went deep down to the old revolutionary areas, and took concrete measures to help promote local economic development.

Reignwood Group puts high priority on fast-moving consumer goods and has deeply involved in development of the real economy. Since its establishment, Reignwood FMCG Guizhou Branch has achieved a total sale of nearly 10 billion yuan and paid nearly 300 million yuan in taxes. Recently, with major natural disasters in Guizhou Province and this year's virus epidemic, the Guizhou branch rushed to the front line and transported Reignwood health drinks and other relief material, sending energy and condolences to people there.

This year, as the final year of the fight against poverty, various tasks we are facing are heavier and more demanding. The signing of this strategic cooperation will further promote the regional economic development of Guizhou province. It is expected to contribute over 10 billion yuan in output value and 600 million yuan in tax payments to the local area each year. It will also help to facilitate public services, stable employment, and consolidation of poverty alleviation fruits.

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