Guangzhou's Huangpu district has ranked first in the business environment index among all other national economic development zones for the fourth consecutive year in 2023, thanks to its efforts to improve its business environment.
China will steadily expand institutional opening-up with regard to rules, regulations, management and standards, and will work with all countries and parties to share opportunities arising from it, President Xi Jinping said on Sunday.
Amway China announced that it will make a 600-million-yuan ($88-million) investment to upgrade its production base in Huangpu district, Guangzhou on March 21
China is a market foreign enterprises must go to, and the country will further strengthen efforts to retain and attract more high-quality foreign investment, Commerce Minister Wang Wentao said on Thursday.
Huangpu district issued several measures for Huangpu district and the Guangzhou Development District to streamline approval requirements and optimize the approval process for industrial construction projects on Jan 6.
The Administrative Committee of the Guangzhou-Hong Kong Intelligent Manufacturing Cooperation Zone has been publicizing the advantages of Huangpu district and a series of policies in Huangpu Comprehensive Bonded Zone to enterprises, helping enterprises in the zone seize policy support opportunities.
Eight departments, including the Ministry of Commerce and the National Development and Reform Commission, have decided to set up 29 national import trade promotion and innovation demonstration zones nationwide, with Huangpu also making the list.
This is the fourth part in a series of China Daily's interviews with the heads of consular missions based in Guangzhou, notably from the Association of Southeast Asian Nations. The envoys discuss ways to deepen cooperation in various fields between their countries and the Guangdong-Hong Kong-Macao Greater Bay Area.
The continuous efforts in optimizing the business environment have played a significant role in propelling economic vitality in Guangzhou.
The eighth China Guangzhou Investment Annual Conference and the first Global Unicorn CEO Forum kick off on Aug 30 in Guangzhou, Guangdong province.