The fifth Guangdong Investment Development Forum and the 2021 annual meeting of Guangdong Association for promoting enterprise investment, jointly sponsored by China Council for the promotion of international investment, Guangdong Association for promoting enterprise investment, Foshan Association of foreign invested enterprises and Guangzhou Development Zone Association of foreign invested enterprises, were held in Guangzhou on November 9. The theme of this forum is "increasing innovative advantages and sharing new development". Leaders from the world's top 500 enterprises, domestic and foreign listed companies, industry leaders, well-known investment and financing and professional service institutions, heads of investment promotion institutions at all levels in Guangdong and heads of universities and scientific research institutions attended the event to jointly focus on the new advantages of Guangdong's economic development. At the meeting, the Liaison Office of China Council for the promotion of international investment in Guangdong, Hong Kong and Macao was officially inaugurated. (Xue Kaifang (fourth from left), deputy director of Investment Promotion Bureau of Guangdong Provincial Department of Commerce, and Xu Tehui (fifth from right), President of Guangdong Association for promoting enterprise investment, unveiled the liaison office.) It is reported that the Liaison Office of Guangdong, Hong Kong and Macao Bay area of China Council for the promotion of international investment will closely focus on the national integrated development strategy of Guangdong, Hong Kong and Macao Bay area, strive to guide various open platforms in Guangdong, Hong Kong and Macao Bay area to form a joint force, promote investment cooperation in the bay area, promote the formation of a new system of opening to the outside world and develop a higher-level open economy. Ma Xiuhong, President of China Council for the promotion of international investment and former Vice Minister of the Ministry of Commerce, said in her video speech that promoting the construction of Guangdong Hong Kong Macao Bay area and setting an unprecedented precedent in the world is China's strategic deployment to promote the formation of a new pattern of all-round and high-level opening-up in the new era, an important strategic measure to build a new pattern of "double cycle" development and promote "one country, two systems" New practice of career development. CICP will provide resource support for the Liaison Office of Guangdong, Hong Kong and Macao, and work together. It is also hoped that the member units of Guangdong Association for the promotion of enterprise investment and the Liaison Office of Guangdong, Hong Kong and Macao will actively support and participate in the work of the liaison office and the activities of CICP, so as to contribute to the construction of Guangdong, Hong Kong and Macao. (MA Xiuhong (middle), President of China Council for the promotion of international investment and former Vice Minister of the Ministry of Commerce, made a video speech.) At the keynote speech session of the forum, Zhang Yansheng, Secretary General of the academic committee of the national development and Reform Commission and chief researcher of the China Center for international economic exchanges, delivered a speech on the theme of "new opportunities and new challenges to be faced by Guangdong, Hong Kong and Macao Bay area under the new situation", which focused on how regions and enterprises in Guangdong can adapt to the trend of international cycle and domestic and international double cycle Suggestions are put forward to increase the development advantages of innovation. During the event, the organizer also held an award ceremony for representatives of several excellent investment promotion institutions in Guangdong. Guangdong is the forefront of China's opening to the outside world and the main position for absorbing foreign capital and developing foreign trade. According to the data from investment promotion institutions, by the end of 2020, Guangdong had absorbed nearly US $500 billion of foreign investment, accounting for 1 / 5 of the total national amount, and established more than 270000 foreign-invested enterprises, ranking first in the country. In the first half of this year, Guangdong actually used 99.15 billion yuan of foreign capital, a year-on-year increase of 20.6%; 8280 foreign-invested enterprises were newly established, with a year-on-year increase of 48.3%, both higher than the national level. (outlook new era)