Dongguan Gains 47bn Yuan in Business from Guangzhou Conference

Source: Dgtoday.com.cn

On June 25, the Dongguan Investment Promotion Conference was held in Guangzhou. Dongguan signed 57 projects altogether. The investment amount totals 47 billion yuan and that of 47 projects exceed 100 million yuan. Key industrial zones in Songshan Lake, Humen Port, Machong and Shatian were promoted on site.

 
The Dongguan Investment Promotion Conference was held in Guangzhou on June 25.

It was the first large-scale business and investment-invitation promotion conference that has been held since the founding of the Dongguan Domestic-Funded Economic Promotion Center last year. "There is increasing level of cooperation between Dongguan and Guangzhou. The investment promotion conference was a specific action to implement The Outline of the Plan for the Reform and Development of the Pearl River Delta," said the Director of Dongguan Economic Trade Bureau Chen Guiming. The global economic crisis has added to the difficulty of overseas-investment invitation, but industrial supporting services in Dongguan have become increasingly attractive to domestic funds. Both domestic and overseas funds can be invited at the same time via the investment-invitation promotion conference.

The statistics from the Dongguan Domestic-Funded Economic Promotion Center shows that large-scale enterprises in Guangdong Province and the PRD region have been quite active in expanding in Dongguan's market.

The city's Mayor Li Yuquan listed the advantages of investing Dongguan as follows: a vigorous city maintaining sustainable and rapid development, a famous manufacturing city with perfect industrial supporting services, a key logistics town with advantages through location and transportation facilities, a ecologically green city suitable for entrepreneurship and lifestyle, and an efficient city with an excellent government environment. He extended his invitation to the participating enterprises to come to Dongguan.　

"The domestic-fund invitation in Dongguan mainly aims at heavy equipment manufacturing industry, modern logistics, service industry and the electronic information industry," said Chen. Large-scale state-owned enterprises, military industries and private enterprises that enter Dongguan will enjoy the same special privileges as overseas funds.

Dongguan will hold an investment promotion conference in cities where the distribution of state-owned enterprises and private enterprises are centered such as in Hangzhou, Beijing and Shenyang.

(By Tan Jing)

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Editor: Chen Minjie