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, during a ceremony marking the expansion project's launch and the signing of a cooperation agreement for a shared R&D center and health platform.
This marks Amway's 10th expansion in Huangpu, which is one of the most concentrated areas for foreign-funded enterprises in Guangzhou and other southern areas of China. The district has attracted over $2 billion in foreign investment each year for six consecutive years and has ranked first among national economic development zones for the last five years.
The launching ceremony.
Amway's nutrition, and health products production line.