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Guangzhou government seeks investment

Guangzhou government seeks investment

Write: Pius [2011-05-20]

Zhujiang New Town (Guangzhou Daily)

Guangzhou municipal government hopes to attract investment from prestigious universities and institutes, global and domestic top 500 companies, as well as central state-owned enterprises.

Within the next five years, Guangzhou plans to bring the number of companies listed on the stock exchange to 200. A modern financial center with state-of-the-art facilities shall be created in Zhujiang New Town, already home to 45 financial organizations.

According to "The Outline of the Plan for the Reform and Development of the Pearl River Delta (2008-2020)" approved by the State Council, Guangzhou shall transform and upgrade its industrial structure, from labor-intensive manufacturing to tertiary industries focused on finance, services, and high-tech innovation.