Huangpu sets ambitious goals for global investment promotion

On Feb 21, Huangpu district in Guangzhou held its investment promotion conference for 2024, kicking off the global investment promotion year aimed at attracting more high-quality projects to the area.

The conference set forth an annual objective of introducing over 400 projects throughout the year, with a particular emphasis on attracting more than 10 key projects for each major industry to strengthen and extend industrial chains.

At the event, 43 projects were signed, involving a total investment of about 51.6 billion yuan ($7.2 billion) and an expected revenue yield of approximately 95.4 billion yuan. These projects span sectors such as next-generation information technology, biomanufacturing, the automotive industry, and artificial intelligence, showcasing Huangpu's strength and appeal in attracting disruptive technological innovations and strategic emerging industries.

The Guangzhou Disruptive Technology Innovation Park stands as one of the leading initiatives to Guangzhou's significant strides in supporting disruptive technological innovation. Additionally, the conference marked the introduction of the "Disruptive 10" policy measures, designed to offer robust policy backing and financial assistance for prospective projects seeking establishment within the park.

Moreover, the conference appointed 28 industry leaders as investment consultants, leveraging their expertise and resources to enhance Huangpu's attractiveness for investments, thereby driving industrial upgrading and high-quality economic development.