Guangzhou's city government promises to advance reform and opening-up in the months to come to build the southern metropolis into the best destination for investment and development for enterprises from around the world.
The world's largest container ship, the MSC Irina, with a maximum container capacity of 24,346 TEUs (20-foot equivalent unit), docked at Nansha Port in Guangzhou, Guangdong province, on Monday, the port company said.
The upcoming 133rd China Import and Export Fair, or Canton Fair, will boost both China's foreign trade and global economic recovery this year.
Nansha is set to build and then unveil a comprehensive service center that will assist Chinese companies to "go global" in June this year.
China will steadily expand institutional opening-up with regard to rules, regulations, management and standards, and will work with all countries and parties to share opportunities arising from it, President Xi Jinping said on Sunday.
Recently, the 9th China (Guangzhou) Annual Investment Conference held its overseas sessions in sub-venues located in Frankfurt, Germany, and Silicon Valley, the United States of America, showcasing Guangzhou's development opportunities and investment prospects to the world.
China is a market foreign enterprises must go to, and the country will further strengthen efforts to retain and attract more high-quality foreign investment, Commerce Minister Wang Wentao said on Thursday.
On March 1, the Guangzhou Youth Innovation and Entrepreneurship Promotion Regulations (hereinafter referred to as the "Regulations") were implemented. These are the first of their kind in the country and were made to protect the environment for youth innovation and entrepreneurship through local legislation.
China has still deemed the most attractive destination for investment. More than 50% of foreign companies listed China as the top three investment destinations globally, according to the latest report by the American Chamber of Commerce in South China (AmCham South China) on February 27.
Government officials and senior business executives and representatives from China and the United Kingdom expressed their strong desire to jointly promote China-UK trade and economic cooperation in 2023.
Several media outlets visited many key projects and enterprises in Guangzhou's Tianhe district and Huangpu district from Feb 20 to 21 to explore the factors that contribute to Guangzhou's good business environment.
A ceremony was recently held in Guangzhou for the 35th anniversary of the establishment of the Guangzhou Association of Enterprises with Foreign Investment, and the Exchange Conference for Multinational Corporations.
In 2022, the total import and export value of Guangzhou's foreign trade reached 1.09 trillion yuan ($160 billion), an increase of 1.1 percent when compared to the same period from the previous year.
Of Guangzhou's total number of State-owned enterprises, 83 are time-honored State-owned enterprises. Among them, there are 29 time-honored Chinese brands, accounting for 83 percent of the city's total and 51 percent of Guangdong province's total.
A Hong Kong delegation led by Leung Chun-ying, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference, launched a two-day visit to Nansha New Area of Guangzhou, Guangdong province, on Monday.
Guangzhou has been actively implementing investment promotion work to gather more global resources.
Guangzhou's Panyu district held the 2023 Government-Enterprise Development Forum on Jan 10, focusing on promoting high-quality development in its business environment.
Guangzhou, capital of Guangdong province, has added 64 new domestic and overseas listed companies over the past three years。
The Guangzhou municipal government approved several measures to boost confidence in and promote the high-quality development of foreign investment in Guangzhou on Dec 28.
Haizhu district in Guangzhou held an event on Dec 22 to announce that the district will be built into a benchmark area for international consumption.
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