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Guangdong FTZ attracts global investment, with hundreds of Fortune 500 listed enterprises

(Photo provided to GDToday)

On May 29th, the Guangdong Department of Commerce and the Qianhai Management Bureau jointly organized an investment promotion conference in Qianhai to attract international investors to the Guangdong Free Trade Zone and promote cooperation between domestic and foreign enterprises.

The event attracted over 300 global companies, including more than 167 global service providers and nearly 1,000 Hong Kong-based companies, aiming to provide a platform for investors from home and abroad to connect with local businesses, government officials, and industry experts and explore cooperation opportunities in various sectors.

During the event, officials from the Guangdong Department of Commerce and the Qianhai Management Bureau introduced the Guangdong FTZ's investment policies, opportunities, and the Zone's infrastructure and services.

The Guangdong FTZ has been a significant driver of China's economic development. With its unique advantages and policies, it has become an attractive destination for international investors. The Zone has attracted 101 companies from the Fortune 500 list with a total of 509 projects, and its actual utilized foreign investment has reached over 50 billion dollars. Meanwhile, its three platforms, the Qianhai&Shekou Area, Hengqin Area, and Nansha Area, have witnessed a significant increase in domestic production value from 2.244 billion yuan in 2015 to 5.26 billion yuan in 2023.

As a critical zone in the Guangdong FTZ, the Qianhai&Shekou Area has become a hub for innovation and entrepreneurship, focusing on developing modern services, high-tech industries, and strategic emerging industries.

Reporter: Nan

Editor: Will, James

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