Guangdong Province, the leading foreign trade player and economic powerhouse in China, has been aiming to redefine its global vision, helping local companies ‘go global’ and organizing global investment promotion conferences to welcome global business partners.

[Photo: Nanfang daily]

It goes without saying that Guangdong is opening up business opportunities for the province’s foreign trade companies and foreign investors, sending a positive signal on stabilizing overseas orders and fueling the economic growth.

Support businesses to expand global market

In the past few months, Guangdong has organized overseas trade delegation to expand overseas markets, offering opportunities to local companies to get more international orders by chatting with their foreign partners face to face.

In October, 79 businesses representatives from 47 Guangdong companies flew together on a chartered flight to attend the 4th Malaysia-China Trade Expo (MCTE 2022). Later, a total of 160 businesses representatives from 69 Guangdong companies went to Singapore in the mid-November to attend the Cosmoprof Asia and Cosmopack Asia 2022.

[Photo provide to GDToday]

“I want to seize this great opportunity under the Belt and Road Initiative (BRI) and export more products of our company to RCEP countries like Malaysia,” said July Lee, founder and general manager of Huizhou Jiayao Smart Technology Co., Ltd.

[Photo provide to GDToday]

“Our company products are very in line with the market demands of ASEAN countries. And I am fully confident about getting more overseas orders and coming back with fruitful results this time,” said Lily Hung, deputy general manager of Ausmetcis Daily Chemical (Guangzhou) Co., Ltd., before taking the chartered flight to Singapore.

Now, more overseas trade delegations are under preparation. According to the latest information from the Department of Commerce of Guangdong Province, next week, 271 business representatives from 150 Guangdong companies will take a chartered flight to Dubai to attend the 13th China-UAE Trade Expo.

Apart from chartered flights, Guangdong will also organize chartered buses to support companies to attend the world’s leading fairs held in Hong Kong.

Boost global investor confidence

The 2022 Shenzhen Global Investment Promotion Conference kicked off on December 9. The city saw 315 projects signed with a total investment of 879 billion RMB (about 126.31 billion USD).

[Photo: Nanfang Daily]

"Shenzhen is embracing historical development opportunities and is proving to be a hotspot for global investors in China," said James Chang, PwC China Regional Economic Clusters Managing Partner.

Moreover, the 2022 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao is scheduled to hold both online and offline in Guangzhou, Hong Kong and Macao.

According to Zhang Jinsong, director-general of the Department of Commerce of Guangdong, the first overseas conference was held in Malaysia on November 2, and more will be unveiled in the US, Germany, Japan, and South Korea.

In the future, Guangdong will keep promoting a high-level opening-up and boosting the development of foreign trade in order to inject a strong impetus into its economy.

Author | Fanny

Editor | Wing, Olivia, Nan, Jerry