GDD shines in China's top industrial investment clusters

On July 10, Guangzhou Development District (GDD) made the list of China's best industrial investment clusters for 2023-24 in the Rongzhong rankings. Its subsidiary company, Suikai Investment, also claimed the title of best investment institution in China's advanced manufacturing sector, while GDD Fund Group was recognized as the best investment institution in China's biopharmaceutical field.

GDD ranks second in comprehensive strength among all national economic development districts and is positioned as the second-largest industrial powerhouse in China, boasting a strong industrial foundation. It has established five major industrial clusters worth over 100 billion yuan ($13.77 billion) each and covers sectors such as automobile manufacturing, new display technologies, green energy, new materials, and the beauty and wellness industry.

In fields like biopharmaceuticals, next-generation information technology, and automobile manufacturing, GDD continues to innovate and develop, creating an ecosystem for industrial chain layout that attracts numerous leading enterprises.

Furthermore, GDD is exploring future industries such as artificial intelligence, new energy storage, and aerospace. As a hub of scientific and technological innovation, it hosts over 1,000 research institutions and possesses abundant scientific and technological resources.

The district also offers a superior business environment, streamlined policy implementation, and comprehensive policy services, which together attract a large number of high-quality talents and enterprises.

Guangzhou Science City. [Photo/WeChat account: guangzhougaoxinqu]

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