Association vows to contribute to Greater Bay Area development

The Guangdong Investment Promotion Association, a leading investment promotion body in south China's Guangdong province, is dedicated to playing a more dynamic role in the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

The association announced partnerships with investment promotion agencies in the Pearl River Delta, as well as their counterparts in Hong Kong and Macao, in launching a series of promotions in the coming months to make the investment climate and opportunities in the Greater Bay Area better known worldwide, while improving services for investors in the area.

Its plan includes business tours, seminars of various themes, project promotions, and training programs in the Pearl River Delta cities, Hong Kong, and Macao, according to Hubert Xu, chairman of the Guangdong Investment Promotion Association and president of the Guangzhou CDC Group, a leading integrated investment and consulting service provider headquartered in Guangzhou Development District.

The announcement came on June 5 when the association celebrated its second anniversary and organized the Third Guangdong Investment Development Forum in Guangzhou.

More than 350 representatives, including government officials, as well as senior executives of Fortune Global 500 companies, listed companies, industrial leaders, venture capital firms, and investment-related consultancies in China attended the event.

Liu Yuelun, chairman of the Guangzhou Municipal Committee of the Chinese People's Political Consultative Conference, spoke positively about the role the association has been playing.

"I think the association has made a wise choice to focus its work on the Greater Bay Area, when Guangdong, Hong Kong, and Macao are joining forces to step up the development of the area," Liu said.

He suggested that investment promotion agencies in the area should offer bespoke services to investors and make their services comprehensive.

"Related professionals and government officials should keep a close eye on what investors are most concerned with," he said. "When their big, difficult issues are solved in time with your help, they will become more confident, and your service will reach a new level."

Chen Xiaohua, Party secretary of Guangzhou's Liwan district, said that the district is fully committed to the association’s forthcoming promotions and is eager to become the first stop of the upcoming business tour.

With several roads under construction, he said that the district will soon have much better traffic infrastructure and that the distance to both the international airport and the railway stations in Guangzhou will be further shortened.

In addition, Chen noted that several office complexes, which will be ready for use soon, will make substantial room for future investors in the bustling urban district of Guangzhou.

"Together, they will position Liwan district more favorably in the era of the Guangdong-Hong Kong-Macao Greater Bay Area," he said.

Founded in 2017, the Guangdong Investment Promotion Association boasts more than 110 members, many of which are Fortune Global 500 companies.