In the morning of April 20, 15 joint projects worth over USD 2.28 billion were signed in the U.S.- China Investment Cooperation Forum held in Guangzhou, the capital city of Guangdong, marking a closer Sino-U.S. relationship after Chinese President Xi met with his counterpart, Donald Trump, 11 days ago.
Jointly organized by Department of Commerce of Guangdong Province and American Chamber of Commerce in South China, the forum was attended by government officers of both countries, 50 leading local enterprises of Guangdong province, and over 50 of the Global 500 enterprises as well as 150 leading enterprises from America.
The plenary session of the cooperation forum [Photo provided to Newsgd.com]
Hu Chunhua, Party Chief of Guangdong Province said following President Xi’s latest instruction, Guangdong is sparing no efforts to make major contribution to support the country’s supply-side structural reform, innovation-driven development strategy and a new economy pattern of opening up.
“Guangdong gained profound achievement to deepen communication and cooperation with America in recent years,” said Hu Chunhua, “a batch of joint programs have settled in Guangdong while some Guangdong enterprises have invested in America. ”
“I hope the cooperation between Guangdong and America will deepen under the framework recently reached by the presidents of two countries. And I also wish cooperation in fields as science, education and trade could go further with the help of the American consulate, chamber of commerce and other relative institutions,” Hu said.
“Guangdong will seize today’s forum as a chance to strengthen communication with American enterprises,” said Ma xingrui, Governor of Guangdong Province, “we should facilitate cooperation and investment projects in key industries, and expand the scale and diversity of cooperation between Guangdong and America.”
“A report recently released in March shows Guangdong is considered as the best place for investment among American enterprises,” said Harley Seyedin, President of American Chamber of Commerce in South China, “and over 400 American enterprises gathering in Guangzhou today also reflects the fact that they see opportunities popping up here.”