New energy sector drives Kaiyang county's rapid development

A lithium iron phosphate industrial park project -- being funded by CNGR Advanced Materials Co and which will produce 200,000 tons a year -- is currently under rapid construction in Kaiyang county. [Photo/Kaiyang media center]

New energy has become an emerging industry that is significantly boosting the rapid development of Kaiyang county in Guiyang, capital city of Southwest China's Guizhou province.

In recent years, Kaiyang has been making great efforts to build an industry supply chain for phosphorus-based new energy batteries and form an industrial cluster led by cathode materials, electrolytes and anode materials.

According to a plan, Kaiyang has set itself the goal of supplying one third of the national demand for positive electrode materials for power storage batteries. It wants to achieve a regional GDP of more than 50 billion yuan ($7.5 billion) and a total annual industrial output value of 80 billion yuan within five years.

Construction workers get busy on the site of the lithium iron phosphate industrial park in Kaiyang. [Photo/Kaiyang media center]

Thanks to the improvements in quality and efficiency in the new energy industry, the growth rate of Kaiyang's GDP and the growth rate of its industrial added value above a designated size ranked first among all the county-level cities and districts administered by Guiyang in 2021.

In the first half of 2022, the county's industrial added value and tax revenue growth rate ranked first in Guiyang, too.

Statistics show that the proportion of the output value of the new energy battery materials industry in Kaiyang to total output value there has continued to increase, surging from 6.29 percent in 2020 to 20.89 percent in 2022.

A construction worker welds a steel girder at the lithium iron phosphate industrial park project in Kaiyang. [Photo/Kaiyang media center]