Investment Totaling 243.9 Billion Yuan! The 2024 Pearl River Delta and East-West-North Guangdong Economic and Trade Cooperation Investment Conference Successfully Held

On June 19th, the 2024 Pearl River Delta and East-West-North Guangdong Economic and Trade Cooperation Investment Conference was grandly held in Guangzhou. Under the theme of “Regional Collaboration, Creating a Shared Future,” the conference concluded with 319 cooperation projects, totaling an investment of 243.9 billion yuan.The conference comprehensively implemented the spirit of the 20th National Congress of the Communist Party of China and the important instructions from General Secretary Xi Jinping during his inspection tour of Guangdong. It rigorously followed the provincial party committee’s “1310” specific deployment, aiming to gather strengths from all sides, facilitate orderly industrial transfer, support the implementation of the “Hundred Thousand Million Project,” and accelerate the coordinated development between urban and rural areas in Guangdong.Governor Wang Weizhong attended the conference and delivered a speech, expressing heartfelt gratitude on behalf of the Provincial Party Committee and Provincial Government to guests and friends who have long been concerned about and supported Guangdong’s reform and development. Wang emphasized that investment attraction is a crucial measure for promoting the development of East-West-North Guangdong and enhancing regional coordination within the province. In recent years, Guangdong has vigorously promoted key tasks such as the “Hundred Thousand Million Project,” prioritizing manufacturing, orderly industrial relocation, and the “Five Foreign-Related Links,” leading to a vibrant development trend in the East-West-North region, which has become an attractive destination for many enterprises.

At the event, the mayors or equivalent officials from 12 cities in East-West-North Guangdong and three cities (Huizhou, Jiangmen, and Zhaoqing) introduced investment opportunities. Companies including Zhejiang Wanyang Group, China Resources Power, and Germany’s TÜV Rheinland Group shared their investment experiences in the region. Moreover, 20 major projects were signed on-site.During the event, an exhibition showcasing the achievements of economic and trade cooperation between the Pearl River Delta and East-West-North Guangdong was organized, alongside investment inspection tours for domestic and foreign entrepreneurs in these regions, fully demonstrating the investment potential and cooperation space.Zhang Jinsong, Secretary of the CPC Committee and Director General of the Guangdong Department of Commerce, stated that East-West-North Guangdong is undergoing remarkable changes, exhibiting strong momentum for high-quality development, affirming the correctness of the provincial government’s decision to promote balanced urban-rural and regional development and orderly industrial transfer.Starting from 2023, Guangdong plans to host the Economic and Trade Cooperation Investment Conference between the Pearl River Delta and East-West-North regions annually in the first half of the year. Through five years of efforts, it aims to attract over 5,000 domestic and foreign-funded industrial projects in the East, West, and North regions, with a total investment exceeding 2 trillion yuan, including more than 1,000 projects with investments over ten million yuan.The successful hosting of this investment conference has established an important platform for economic and trade cooperation between the Pearl River Delta and East-West-North Guangdong, injecting new vitality into Guangdong’s regional development.For more information on investment opportunities in China’s Greater Bay Area, please visit INSTITUTE.com.cn. We provide comprehensive, up-to-date investment news and professional analysis, assisting you in seizing investment opportunities and enhancing your wealth.

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