On March 2nd, there were 37 projects worth over 300 billion yuan signed in Guangdong, it is also the first batch of projects invested by multi-national corporations during the 14th Five-year Plan Period. Let’s see why these companies choose to sign with Guangdong.

AMAC Aerospace: “We see more potential in China’s airport economy than Europe and the U.S.”

Wei Jiao, President of AMAC Aerospace AP

We are going to build our headquarter in China and an Asia-Pacific production center at the Guangzhou Aerotropolis Development District. After its completion, it will have roughly the same size as the one in Europe. China’s development potential will be much better than Europe or even the United States. In the next five years, we might invest more to make China become the center of the world.

CP Group：“Stable, good business environment and opportunities in the Greater Bay Area.”

Wenhai Li, Vice President of CP Group

Guangdong has a very good business environment, not only for its hard environment but also for the soft environment. In addition, China’s national conditions are very stable, that is good for investment. As the frontier of reform and opening-up, and an important part of the Greater Bay Area, Guangdong is the most promising region for its comprehensive strength. Next we will build an overseas center with an investment of about 19 billion yuan in Shenzhen.

Air Liquide:“Local government is very supportive of new energy projects.”

Nicolas Poirot, President & CEO of Air Liquide China

Thanks to the support of Guangdong Commerce Department and Zhanjiang Municipality, to advance very fast our new project in Donghai Island Petrochemical Basin, to promote cleaner industrial gases production on the Island. Now in China and in Guangdong in particular, we see hydrogen can play a very key role to bring cleaner energy to the province.

Walmart: “China’s 14th five-year plan shows new opportunities.”

Jonathan Dong, Chief Corporate Officer of Walmart China

Guangdong has always been an important development destination for Walmart in China. Now about 25% of Walmart’s Chinese stores are settled in Guangdong. The 14th Five-year Plan period (2021-2025) also brings opportunities for Walmart. We will invest more in high quality innovation and people’s livelihood, and provide more support through opening new stores, improving modern store management.

At the beginning of the 14th Five-year Plan Period, multi-national enterprises showed their confidence towards Guangdong’s development. They actively participated in China’s new development paradigm "dual circulation" and the Greater Bay Area development. The contracted projects will bring world’s most advanced technologies to Guangdong and will boost the province’s high-quality development over the next five years.

Producers: Wu Zhe, Yuan Peiru, Xiao Wenge

Anchor/Reporter: Chang Daoli

Cameramen: Xiao Xiong, Li Xiao

Editors: Li Xiao, Wan Wenlong

Translator: Will

English Editor: Nan, Jerry, Jasmine