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Wednesday, November 22, 2017, 01:12
Governor: Guangdong welcomes advanced foreign companies
By Willa Wu
Wednesday, November 22, 2017, 01:12 By Willa Wu

A view of Canton Tower in Guangzhou, capital of south China's Guangdong province, where the Pearl River flows. Guangdong Governor Ma Xingrui said on Nov 21, 2017 the Guangdong provincial government will offer fresh policy support measures to encourage foreign companies to establish business in the province. (PROVIDED TO CHINA DAILY)

GUANGZHOU - The Guangdong provincial government will offer fresh policy support measures to encourage advanced foreign manufacturing enterprises to establish business in the province, Guangdong Governor Ma Xingrui announced on Tuesday.

All city governments in Guangdong take the initiative and liaise with Hong Kong-based chambers of commerce when organizing business delegations to the SAR

Ma Xingrui, Governor, Guangdong province

The measures will be revealed at the end of this month as Guangdong presented its strategy on further reforms and opening-up. This includes the active role the province will play in attracting foreign investment, he added. 

Ma delivered the remarks when meeting a visiting delegation led by the central government’s top foreign affairs official in Hong Kong Xie Feng. The delegation comprised foreign consuls in the special administrative region and representatives from foreign commerce chambers based in the city.

Ma called on the consuls and business representatives to make full use of different platforms to find up-to-date information on foreign investment policies and business opportunities within the Guangdong-Hong Kong-Macao Greater Bay Area.

He said once the high-speed train linking Guangzhou and Hong Kong began operating, travel time would be cut to about 48 minutes, easing access to businesses expanding into the Guangdong market. 

Ma also suggested that all city governments in Guangdong take the initiative and liaise with Hong Kong-based chambers of commerce when organizing business delegations to the SAR.

The trip came after Xie, commissioner of the Ministry of Foreign Affairs in the HKSAR, promised to organize visits for the city’s leading expatriates to cities within the Greater Bay Area. 

Xie said the trip helped provide first-hand knowledge of what is happening inside mainland cities within the bay area. But it also served to promote three-way cooperation among mainland, Hong Kong and overseas firms.

Guangzhou is the trip’s second stop, after Shenzhen, and will be followed by Zhuhai. The trip is also the first one organized by the commissioner after the 19th National Congress of the Communist Party of China.

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