The conference on boosting investment attraction in Guangzhou's Liwan district was held on March 10 and more than 10 projects were signed, covering areas spanning finance and the big health industry.

A conference on boosting investment attraction in Guangzhou's Liwan district is held on March 10. [Photo/ycwb.com]

Liwan will accelerate the construction of the bio-health island at Datansha, turning Guangzhou International Medicine Port into an international smart health city themed around traditional Chinese medicine in the Guangdong-Hong Kong-Macao Greater Bay Area.

Efforts have been made in forming a network for global investment attraction. Currently, Liwan district has achieved preliminary intention of cooperation with more than 10 intermediary institutions and industry associations to make full use of social resources to help attract investment.

It is expected that Liwan will further seek cooperation with consulates general of foreign countries in Guangzhou.

Liwan has gained great momentum in attracting investment in 2019 as a total of 120 new projects were negotiated and 30 were signed, including one with over 10 billion yuan ($1.44 billion) in investment.

Chen Xiaohua, Party secretary of Liwan, noted that Liwan will try to land more than 50 projects this year and attract more projects with investments of over 10 billion yuan.