Through a provincial-district investment platform, Guangzhou's Nansha District has secured agreements worth 56.03 billion yuan (around 7.8 billion dollars) for 49 projects within three years, integrating the district into Guangdong's broader investment promotion network, Shuang Dehui, deputy director general of the Department of Commerce of Guangdong Province, said on August 5 at a press conference regarding Nansha's cooperation with Hong Kong and Macao.

The provincial department has hosted overseas promotion events, inviting Fortune Global 500 companies, multinationals, and foreign business representatives to explore opportunities in Nansha.

Guangdong has adopted a coordinated approach to domestic and foreign investment, implementing measures such as the negative list for foreign investment access and pilot programs for opening up the healthcare sector, Shuang said.  

Provincial, municipal, and district authorities are jointly building a comprehensive service base to support Chinese enterprises' global expansion, featuring a single-window advisory service for outbound investment filings and a cluster of 183 legal, financial, and tax service providers.

By partnering with overseas economic and trade zones, the initiative promotes the orderly global expansion of competitive industries, optimizing the use of domestic and international markets and resources.

(Cover image: Guangzhou Nansha Fabu)