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Guangzhou promotes image as intl. business and tech hub
Guangzhou’s visibility is continuing to spread around the world.

Updated:1489718294Source:Lifeofguangzhou.com

Guangzhou’s visibility is continuing to spread around the world.

A publicity video, “Guangzhou, Flower City in Bloom,” was just screened at one of the busiest venues in the world — Times Square in New York City. Events are being held this week in New York and Washington, D.C., to promote the 2017 Fortune Global Forum, which will take place in Guangzhou later this year. A second major international business conference, the Asia-Pacific Council of American Chambers of Commerce (APCAC) 2017 Business Summit, will be held here next month. And local officials are preparing to open overseas offices in both the United States and Israel.

Guangzhou has designed a comprehensive, wide-ranging, multi-level campaign to open itself up to the world to demonstrate that it is one of the most open and significant cities in China.

Two reports that recently released by the American Chamber of Commerce in South China found that 48 percent of the respondents expressed willingness to establish new offices and service outlets in the city’s Nansha district over the next one to three years because of the high recognition of the local market environment. Two reports that recently released by the American Chamber of Commerce in South China found that 48 percent of the respondents expressed willingness to establish new offices and service outlets in the city’s Nansha district over the next one to three years because of the high recognition of the local market environment.

Nansha already has attracted major firms including Procter & Gamble, Amway, Coca-Cola, Pepsi, Jabil Group, Baxter and a large number of other well-known American enterprises. U.S.-funded businesses have invested in more than 250 projects in Guangzhou Development District, with a total investment of about 4 billion U.S. dollars. That makes the district the most concentrated area of U.S.-financed enterprises that have invested in southern China.

To propel the creation here of an international hub network city, Guangzhou had set up its office in Silicon Valley and Boston on March 14, two high-tech meccas in the United States. These overseas offices of Guangzhou will work to strengthen the exchange of talent and cooperation in scientific and technological achievements between the city and Europe and the United States. Guangzhou also plans to open its office in Israel to enhance cooperation in science and technology. One idea behind this overture is to promote the transformation of the city’s image abroad from "behind closed doors" to "open innovation.”

"Guangzhou is one of the most dynamic cities in China,” said Harley Seyedin, president of the American Chamber of Commerce in South China. He added that the annual business volume here of all his member firms will exceed more than 600 billion U. S. dollars.

(By Joanna You, Louis Berney)

Editor:Joanna You
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