Zhongshan held an investment conference on Sept 14th and invited representatives from foreign enterprises and chambers of commerce to brainstorm on the city’s development in the construction of Guangdong-Hong Kong- Maocao Bay Area.
Jiao Lansheng, Mayor of Zhongshan, said Zhongshan is located in the heart of the Pearl River Delta. And it’s making efforts to connect Pearl River East and West, and become a hub city in the coastal economic belt as well as the Greater Bay Area.
“Enterprises investing in Zhongshan will embrace a series of bonus, including advantageous policies and subsidies. The city will also guarantee sufficient land supply for enterprises. It has planned 153 square kilometer industrial land and will offer targeted enterprises discount,” said Jiao.
He added Zhongshan is also pushing forward the cooperation between local and overseas technical colleges to build up the city’s talent pool.
Li Zhiyun, Director of Tax & Business Consulting of PwC (GZ), Zhongshan has a well-developed industrial base. Apart from traditional industries, emerging industries such as healthcare and advanced manufacturing are developing rapidly. The city will see more opportunities in terms of its location, transport network and the plan to develop the Bay Area.
During the conference, Jiao Lansheng highlighted Zhongshan’s major advantages:
Transportation
Zhongshan is surrounded by 5 airports and 4 deep water ports with sophisticated high-speed rail and expressway networks. In the near future, Zhongshan’s residents can reach Guangzhou, Shenzhen, Foshan, Zhuhai Jiangmen within 30 minutes and other cities in the Greater Bay Area in 60 minutes.
Industries
Zhongshan has well-equipped industrial clusters in fields of equipment manufacturing, electronics, housewhole appliance and healthcare. A batch of national and provincial industrial centers were also set up in the city.
Reported by Jasmine Yin, Jim Hu
Edited by Wing Zhang
According to Jiao Lansheng, Zhongshan will focus on the development of advanced equipment manufacturing, information technology and biomedicine.
Innovation capacity
A national report show that Zhongshan’s innovative capacity was ranked 18th in China in 2017. Thus far, 1715 high-tech enterprises, 387 provincial R&D centers and 59 incubators for tech startups have been settled in the city.
Business environment
Zhongshan has 370 thousand active market entities, and its per capita GDP exceeds 100 thousand yuan. The city has been facilitating its government services to bring enterprises more convenience.
Living Environment
Zhongshan is a green city with a 35.5 percent green coverage. Its air quality is ranked among the top ten in China. A large number of forest parks and wetlands parks can also be found in the city. Jiao Lansheng said, Zhongshan plans to invest 40 billion yuan in water protection of 15 areas in the city.
