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Greater Bay Area

Guangdong, Hong Kong, and Macao work together to send "invitations" to the world again, making global enterprises "willing to come, not willing to leave"

2023-11-08   

In the beginning of winter in Guangzhou, the lingering heat wave still lingers. Just three months after its opening, ZF's first research and development center in South China, the Guangzhou Technology Center, is operating smoothly; On the other hand, the construction of Guangzhou's electronic factory is also in full swing, making great efforts to achieve the goal of mass production by 2025. After signing the contract at the 2022 Guangdong Hong Kong Macao Greater Bay Area Global Investment Conference, these projects have made rapid progress. Stephen von Schuckman, director of ZF Group, is full of expectations for the future development blueprint. Less than a year later, old and new friends met here again. On November 8th, the 2023 Guangdong Hong Kong Macao Greater Bay Area Global Investment Conference opened grandly in Guangzhou. The three regions of Guangdong, Hong Kong, and Macao have once again joined forces to issue the "Bay Area Treaty" to the world, playing a strong voice of openness. Abundant achievements are blooming everywhere, and a new journey is about to set sail. Focusing on the new positioning of the Greater Bay Area, this year's conference will continue the theme of "Investing in the Greater Bay Area, Creating a Better Future Together", promote high-level opening-up, attract global investors to jointly build the Greater Bay Area's future, and share new opportunities in the Bay Area. Investment Achievements About 80% of the projects signed at the last conference have started, including Weiqiao Group's Guangdong Hong Kong Macao Greater Bay International Headquarters, CR Vanguard National E-commerce Headquarters, Chaozhou Kaipu Women's and Children's Hospital, Foshan PepsiCo Food South China Production Base... Under the promotion mechanism of "weekly scheduling", the projects signed at the last conference have made positive progress. The 'Bay Area Speed' is evident to all. As the first Guangdong Hong Kong Macao Greater Bay Area Global Investment Promotion Conference, 853 investment and trade projects were signed last year, with a total contract amount of 2.5 trillion yuan. As of the end of October this year, out of 814 investment projects, 638 have started construction, with a construction rate of 78.38%. A total of 413.381 billion yuan has been invested, with a completion progress of 21.53%. Among them, 163 of the 200 foreign-funded projects have started construction, with a construction rate of 81.5%. The total investment amount completed is 102.367 billion yuan, with a completion progress of 22.17%. The emergence of "Bay Area momentum" is accelerating. As an important global manufacturing base, Guangdong has over 70000 industrial enterprises above designated size and 8 trillion level industrial clusters. It is vigorously developing key industries such as high-end equipment, new energy, new materials, and new energy storage. Since the last investment promotion conference was held, a number of influential, wide-ranging, and highly motivated industrial projects have been successively launched and put into operation. This not only injects new momentum into the high-quality development of Guangdong's industry, but also helps to create more industrial clusters of hundreds of billions and trillions in the Guangdong Hong Kong Macao Greater Bay Area. In terms of electric vehicles and charging systems, China is in a leading position. We are delighted to be in the Greater Bay Area of Guangdong, Hong Kong, and Macao to establish partnerships with companies here to jointly develop and utilize new technologies. "Bahrain, co-founder of Watt Electric Vehicles, said that the company has reached partnerships with companies in the Greater Bay Area such as Shenzhen Ruisu Intelligent Technology and BYD. The future of the Bay Area is exciting. Currently, the three regions of Guangdong, Hong Kong, and Macao are working together to jointly attract investment globally and promote the Greater Bay Area

Edit:Hu Sen Ming Responsible editor:Li Xi

Source:GD TODAY

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