Guizhou invited investment capital totaling 385.7 billion yuan ($62 billion) in 2012, a year-on-year increase of 49.5 percent, said Ji Hong, director of the Guizhou Investment Promotion Bureau.

The achievement last year was closely related to five innovative methods, said Ji.

First, the province arranged investment activities to attract more investors. As a result, Shenhua Group and China Grid Power made commitments to invest in Guizhou.

The Internet also served as a good platform to attract investment. The new version of the Invest in Guizhou website caught the eye of many investors. The website was the first to provide an online platform for signing agreements. Since its launch, 154 projects worth 52 billion yuan ($8.4 billion) have been signed on the website.

Commercial groups also played an important role. The Hunan Commerce Association in Guizhou signed 17 projects last year, attracting 60 billion yuan to Guizhou.

Other methods included sending negotiation teams to targeted companies to discuss investment opportunities. The efforts have attracted numerous corporations, such as Shandong Inspur Group.

Another success came from the signing of an investment invitation entrustment agreement with the China Chamber of International Commerce, which strengthened ties with banks, law firms and foreign investment agencies.

Attracting investment is still Guizhou's top priority at the moment. Guizhou hopes to reach a fixed investment of 1 trillion yuan ($160.7 billion), said Ji.