Foreign investment in Guangdong will continue to enjoy "dividends" in the Bay Area

2022-08-29

Since the beginning of this year, Guangdong has issued a series of policies and measures to clarify the protection of foreign investment rights and interests, facilitate cross-border investment and trade, and constantly optimize the business environment. At the same time, it has issued the 2022 Guangdong Investment Guide (hereinafter referred to as the "investment guide") in both Chinese and English, and actively introduced the latest investment opportunities in Guangdong to foreign investors and foreign enterprises. According to the data of the Department of Commerce of Guangdong Province, in the first six months of 2022, Guangdong absorbed 97.23 billion yuan of actual foreign capital, and 6158 new foreign direct investment enterprises were established. Recently, after visiting the South China branch of the European Chamber of Commerce, the Chinese Portuguese chamber of Commerce, the Guangzhou Representative Office of the Korean trade and investment promotion commune, the Chinese Thai Chamber of Commerce and other institutions, the reporters of China Southern network and gdtoday found that although the current international situation is affected by multiple factors such as the rising cost of factors, the more severe and complex international situation, and the global spread of the COVID-19 epidemic, the enthusiasm for foreign investment in Guangdong has not decreased, It is hoped that with the more and more convenient foreign investment and trade services in Guangdong, we will continue to share the opportunities and "dividends" of the construction of Guangdong Hong Kong Macao Bay area, especially the construction of Hengqin, Qianhai and Nansha cooperation zones. Foreign enterprises are full of expectations for the development of the Greater Bay area. In June 2022, the State Council issued the general plan for Guangzhou Nansha to deepen the comprehensive cooperation between Guangdong, Hong Kong and Macao facing the world (hereinafter referred to as the "Nansha plan"), proposing to accelerate the promotion of Guangzhou Nansha to deepen the comprehensive cooperation between Guangdong, Hong Kong and Macao. This is another major benefit of the construction of the Guangdong Hong Kong Macao Great Bay area after the Hengqin and Qianhai cooperation zones in September last year, which has attracted the attention of many business associations and foreign enterprises in China. Dario Silva, President of the Chinese Portuguese chamber of Commerce, is one of them. Xi Yao was very interested in the release of the Nansha plan. In an interview with China Southern network and gdtoday, he said that in recent years, the business environment in Guangdong has developed very well. In terms of foreign investment, we have introduced very favorable preferential policies. "With the release of the Hengqin plan and the increase of financial service platforms between China and Portuguese speaking countries, Guangdong will attract more attention from large enterprises in Portuguese speaking countries, so as to set up their Asian operation headquarters in Guangdong". It is reported that 117 member enterprises under the China Portugal chamber of Commerce recently received the investment guide from the Department of Commerce of Guangdong Province. Many enterprises said that the guide is very useful. The contact information of government departments provided in the guide can reduce communication costs. "In the future, it would be better to increase specific policies for Nansha or Huangpu." The responsible person of the South China branch of the European Chamber of Commerce told the reporters of China Southern network and gdtoday that according to their recently released "business confidence survey 2022", although it is still challenging for some enterprises to conduct business in South China, most (58%) members still have a positive attitude towards the development of the Greater Bay Area (GBA). In addition, 63% of enterprises hope to see more bilingual information in Dawan District, while 62% of enterprises hope to know more investment opportunities in Dawan district. "Guangdong has a solid economic foundation, a complete industrial system, a broad consumer market, a dynamic market mechanism, a high level of openness and a trend of leading development, transformation and upgrading," said the vice chairman of the South China branch of the European Chamber of Commerce and the vice chairman of the Eton group in South China

Edit:Li Jialang    Responsible editor:Mu Mu

Source:southcn.com

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