The foreign investors has showed bon appetite for the tertiary industry in Guangdong, where reputed as a major manufacturing hub in South China in the past two decades. The foreign investment in the service sector, including real estate, logistics service has seen fast development this year, according to the Provincial Statistics Bureau.

The statistics shows the proportion of investment in manufacturing industry has decreased. In the first half of this year, the contract on the secondary industry projects has down 0.6 percent.

And the foreign investment in the secondary industry accounted for 64.6 percent of the total, the proportion is 10.2 percent lower than the same period of last year, and also the first time less than 70 percent of the total foreign investment.

At the same time, the foreign investment in the tertiary industry increased 66.3 percent. A large part of the investment has floated into real estate and wholesale & retail industries, which witness a surge of 185.1 percent and 136 percent respectively.

Expert said the surge is mainly because of the further opened-up in service sector, after China joining the WTO, and the implementation of CEPA (Closer Economic Partnership Arrangement between Mainland and Hong Kong). 

Editor: Yan