Guangzhou signs a 20 bln bill with SOEs
2009-August-4 Source:
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An announcement came out of the City Municipal Party Committee full-member meeting on the 30th that during the negotiation meeting for large projects scheduled for next week in Guangzhou, a large number of state-owned enterprises will sign to open branches in Guangzhou.

Mayor Zhang Guangning says, as Guangzhou tries to further attract foreign investment, it will also try to push for more strategic cooperation with state-owned enterprises and large national corporations, to further utilize their resources and attract large or medium-sized projects to Guangzhou that demonstrate high industrious connections, great support for local industries, and a future for development.

It is said that the total budget of projects to be signed during the meeting next week will exceed 20 billion, and one of the projects will be the construction and management of Guangzhou opera house.

Editor: Miranda
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