Nansha to lure $30b investment during annual business conference

It is estimated that Nansha district is set to lure more than 200 billion yuan ($30.46 billion) in investment during a special event held as part of the seventh Guangzhou Annual Investment Conference, which kicked off on March 30.

Nansha is also expected to showcase itself as a new industrial hub in the Guangdong-Hong Kong-Macao Greater Bay Area.

The district achieved remarkable outcomes in attracting investment during the 13th Five-Year Plan period (2016-20).

At present, Nansha is home to 192,000 market entities and 158,000 companies, 68 of which have an annual tax payment of more than 100 million yuan. It has welcomed 197 projects invested in by the Fortune Global 500 companies and has pushed forward construction of more than 500 projects, with an overall investment of nearly 450 billion yuan, covering various sectors spanning infrastructure construction and livelihood improvements. 

The district has launched a new online business service platform, which allows its users to see Nansha's blueprints and its latest industrial layouts via digital and intelligent means. 

In addition, it has been optimizing its service industry structure in recent years, and the proportion of knowledge-intensive services has been expanded gradually.