South China's Guangdong Province released a document Thursday, in which it stated that the local government plans to adopt measures to actively guide and encourage foreign investments to the province's modern industrial development.
''Compared with other coastal provinces like Jiangsu, Guangdong is weaker in attracting foreign investment,'' said Liu Kun, vice governor of Guangdong, ''so we need to promote more suitable projects to draw in foreign capital.''
In the fist half of 2010, Guangdong only consumed $9.63 billion of foreign direct investments, a decrease of 1.6 percent year-on-year.
