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Nansha sets up professional organization to promote investment

Updated: 2022-05-11 chinadaily.com.cn

The Guangzhou Nansha Bonded Port Area Bureau of Investment Promotion was set up on May 7.

Lu Yixian, Party secretary of Nansha district, said that setting up a special investment promotion agency will help promote Nansha's investment promotion work.

By setting up a full-time working organization for investment promotion, Nansha will help make investment promotion work more professional in the district.

In recent years, Nansha has made great efforts to attracting investment and continuously improve the competitiveness of its modern industrial system. At present, more than 210,000 enterprises have settled in Nansha, a near 13-fold increase compared with the time when the Nansha area of the China (Guangdong) Pilot Free Trade Zone was established.

Nansha has introduced 223 investment projects from Fortune Global 500 companies and is home to more than 620 artificial intelligence and biotechnology companies, 100 headquarters companies, as well as 13 unicorn companies.

At present, Nansha has formed a total of 789 institutional innovation achievements, 119 of which have been replicated and promoted in Guangdong province, while 218 have been replicated and promoted in Guangzhou. 

From 2014 to 2021, the gross domestic product of Nansha has achieved an average annual growth rate of 11.2 percent, while the total value of foreign trade imports and exports has increased by more than 10 times. In addition, the number of registered enterprises has increased by 26 times in that period.

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The Guangzhou Nansha Bonded Port Area Bureau of Investment Promotion is set up on May 7. [Photo/WeChat account: nanshafabu]

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