Guangdong Province, China's largest economic powerhouse, announced at a media briefing on March 24 measures to attract overseas sovereign wealth funds, aiming to drive investment in strategic emerging industries and future-oriented sectors, with a focus on high-tech and green industries.
Among the measures, Guangdong pioneered a new model of "sovereign wealth funds + investment attraction," creating a more competitive development environment for overseas sovereign funds by addressing key challenges such as market access and investment facilitation.
Overseas sovereign wealth funds are known for their long-term investment strategies, often focusing on early-stage, high-tech, and green initiatives. Guangdong plans to encourage these funds to invest in sectors such as the digital economy, low-altitude economy, artificial intelligence, and green energy, which the province prioritizes for the near future.
To ensure the successful implementation of these investments, Guangdong is enhancing its project services through a whole-process service ecosystem that strengthens the bond between sovereign funds and Guangdong's economic development.
The province encourages these funds to establish representative offices, fostering direct engagement and smoother investment processes. It also supports partnerships between local investment companies and overseas sovereign funds to create joint investment platforms.
In addition, Guangdong promotes cooperation between industry leaders and sovereign funds, developing "industry chain + fund" models to enhance the resilience and competitiveness of key industries.
Guangdong also focuses on boosting innovation and entrepreneurship by establishing project matching mechanisms to attract early-stage investments from sovereign funds to create an attractive business environment.
Reporter | Guo Chuhua
Photo | Guo Chuhua
Editor | Hu Nan, James, Shen He
