A major joint investment promotion campaign involving three regions will be held in Guangzhou on November 8th, the 2024 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area (referred to as the "Investment Promotion Conference").
Since its inaugural edition in 2020, the Investment Promotion Conference has spanned three years. Last year, it achieved a total of 859 investment and trade projects, with a total amount exceeding 2.24 trillion yuan. What new highlights can we expect from the Investment Promotion Conference this year?
This conference encompasses "1+9+N" comprehensive events, which indicates "1" main event, "9" Pearl River Delta city investment promotion events, and "N"(several) roadshows and industrial investment promotion events at overseas branch venues.
Zhang Jinsong, the Director of the Department of Commerce of Guangdong province, introduced at the press conference that this year's conference features four "firsts": The first time to hold a special industry application scenario investment promotion and docking event, the first time to hold an investment achievement exhibition, the first time to hold the launch of the Guangdong Top 100 Foreign Enterprises website, and the first time to hold a foreign investment sharing session.
To be noticed, BASF, Tesla, Pfizer, Panasonic, and several other Fortune Global 500 and industry-leading companies are participating in the conference, especially those in the field of new quality productive forces involving industries such as artificial intelligence, low-altitude economy, biopharmaceuticals, and high-end equipment.
What kind of signal does the three years of joint investment promotion by three regions deliver?
The Greater Bay Area is one of the regions with the highest level of openness and strongest economic vitality in China, and it holds an important strategic position in the overall development of the country.
From the "20 Measures for Investment Attraction" to this year's newly released "Special Implementation Plan for Guangdong Province to Further Increase the Attraction and Utilization of Foreign Investment," the negative list for foreign investment access in Guangdong has been continuously shortened, and the signal released is undoubtedly that the door to openness will become increasingly larger in the future.
