The Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area), held in Guangzhou on Nov 8, attracted numerous renowned global companies looking to invest and led to significant results. 

The conference led to 859 investment and trade project agreements with a total value exceeding 2.24 trillion yuan ($320 billion), 26 of which were signed during the event, covering areas such as high technology, headquarters establishment, and foreign-funded research and development centers, which will help modernize the Greater Bay Area's industrial system.

Following the success of last year's event, this year's conference received a positive response from global investors. Many world-famous companies, including BASF, ExxonMobil, Hyundai Motor, Siemens, Procter & Gamble, and Pfizer, among others, are all eager to explore new opportunities at the event.

Several projects have already begun construction in Guangdong, such as a regional headquarters of DuPont (Guangzhou) Co in Guangzhou, a regional trade headquarters of Pon Asia Private Limited in Hengqin, and a production base by Hong Kong Noble Innovate Limited in Dongguan. These projects are expected to contribute to the upgrading of industries in the Greater Bay Area.

The Greater Bay Area boasts strong innovation, a vast market, and an open business environment. Liu Xiao, vice-president of Corporate Affairs and General Counsel of Tate & Lyle Asia Pacific, emphasized that investing in Guangdong is a great choice, and a global probiotics production and research center will be established in the Greater Bay Area.

The provincial government is actively fostering a business-friendly environment to attract global entrepreneurs through investment promotion policies as well as increased convenience and support, aiming to provide a more attractive environment.

In addition, the governments of Guangdong, Hong Kong, and Macao have strengthened cooperation with the China International Import Expo, enhancing the region's investment appeal.

The Greater Bay Area is opening wider to investment, attracting an increasing number of investors and entrepreneurs. 

Representatives of foreign companies expressed their satisfaction with the business environment in the area. They are committed to continuing to invest in and contribute to the area's development, driving the economic growth of the Greater Bay Area and creating more opportunities for enterprises worldwide.