The reporter learned from the press conference of the 2023 Guangdong-Hong Kong-Macao Greater Bay Area Global Investment Promotion Conference that more than 120 overseas enterprises from more than 20 countries and regions have signed up. This conference will focus on attracting investment in high-end equipment, new energy storage, biomedicine, Marine ranching, financial services, clean energy and other industries to help cultivate and grow 100 billion or trillion industrial clusters.
In addition, starting from this year, the investment promotion conference will be held on November 8 every year, and a new "Bay Area night" link will be established.
Six special industry matchmaking meetings will be held
The conference closely linked to the main line of promoting high-quality development and building a new development pattern, arranged a series of "1+9+N" activities, that is, "1 home event, 9 Pearl River Delta city investment promotion conference, N domestic and overseas road shows and industrial investment promotion activities", highlighting the focus of investment promotion work and focusing on projects. The conference will for the first time carry out the landing of key projects of the 2022 Guangdong-Hong Kong-Macao Greater Bay Area Global Investment Promotion Conference and the display of investment promotion results in advanced cities, and organize the on-site signing of major projects to reach a number of high-quality cooperation projects.
Many Fortune 500 companies participated in the conference. As of October 15, more than 120 overseas enterprises have signed up for the conference, mainly from Japan, South Korea, Saudi Arabia, the United States, the United Kingdom, Germany, France and other more than 20 countries and regions, including BASF, ExxonMobil, Hyundai Motor, Siemens, Mitsubishi Electric, Procter & Gamble, Pfizer, Johnson & Johnson and other world-renowned enterprises. There are more than 80 representatives at the level of vice president or above in Greater China.
At the Guangdong-Hong Kong-Macao Greater Bay Area Global Investment Promotion Conference held at the end of last year, a total of 853 investment and trade projects with a contract value of 2.5 trillion yuan were signed. By the end of August this year, 614 of 814 investment projects had been started, with an operating rate of 75%, and a total investment of 383.95 billion yuan had been completed. The total value of 39 trade projects reached 47.07 billion yuan. Among the investment projects, 160 of the 200 foreign-funded projects started, with an operating rate of 80%.
Zhang Jinsong, secretary of the Party Group and director of the Provincial Department of Commerce, said at the press conference that in order to more vigorously attract and utilize foreign investment, this year's conference will focus on high-end equipment, new energy storage, biomedicine, Marine ranching, financial services, clean energy and other industries, and hold six special industry matchmaking meetings to promote project negotiations and cooperation and continue to seize industrial development opportunities. Cultivate and grow industrial clusters of 100 billion and one trillion yuan, and help Guangdong to build a modern industrial system.
The conference will also organize enterprises to participate in the "Bay Area tour" investment investigation activities, and the nine cities in the Pearl River Delta will also hold a special city investment conference to promote the local investment and business environment in various forms. In addition, this year's investment promotion conference coincides with the Expo, Guangdong will also organize in Shanghai Guangdong Province and multinational enterprises cooperation exchange meeting, automobile and consumer goods high-level roundtable, biomedicine, new energy, chemical industry and other thematic industry investment promotion meeting, to promote this year's investment promotion conference into the Expo.
The province's series of investment activities have yielded fruitful results
From January to August this year, Guangdong's manufacturing industry actually used 36.82 billion yuan of foreign investment, an increase of 19%. Among them, the actual use of foreign capital in high-tech manufacturing was 17.62 billion yuan, an increase of 39%.
"Around the province's 20 strategic industrial clusters and five future industrial clusters, we have promoted local cities to focus on attracting high-level manufacturing projects such as next-generation electronic information, new energy, new materials, green petrochemicals and artificial intelligence." Zhu Xiaojun, deputy director of the provincial Department of Commerce, said at the press conference.
A number of incentive policies for foreign investment have been effective. Since 2018, Guangdong has awarded nearly 4.7 billion yuan in total, supported more than 300 projects, and leveraged more than 200 billion yuan of actual foreign investment. At present, focusing on the real economy and adhering to the ownership of manufacturing, combined with the actual situation of foreign investment, Guangdong is further optimizing relevant policies and measures, focusing on attracting manufacturing projects and headquarters projects, to provide strong support for the construction of a modern industrial system.
This year, Guangdong has held a series of investment promotion activities with fruitful results. In March, 74 signed projects with an investment amount of 94.64 billion yuan were promoted in Guangdong during the "Year of Investing in China". In May, the Pearl River Delta reached 256 projects with an investment of 237.52 billion yuan with the East and Northwest Guangdong Economic and Trade Cooperation Merchants Association; In September, the Guangdong-Hong Kong-Macao Greater Bay Area - European Economic and Trade Cooperation and Exchange Conference and the China (Guangdong) - Saudi Arabia Economic and Trade Cooperation and Exchange Conference signed a total of 52 projects with an investment of 56 billion yuan.
To promote the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area, InvesthK in Hong Kong has set up a Pan-Bay Area Inward Investment Liaison Group with relevant departments of other Greater Bay Area cities to formulate comprehensive joint inward investment business proposals and enhance synergies. "In September this year, we co-organised the 'Greater Bay Area - European Economic and Trade Cooperation and Exchange Conference' in Munich, Germany, to promote the huge development potential of the Greater Bay Area to local enterprises. The response was very enthusiastic." Invest Hong Kong representative Lars Lam said.
Zhong Xiuli, representative of Macao Trade and Investment Promotion Bureau, introduced that on November 9, Macao Trade and Investment Promotion Bureau will organize an entrepreneur delegation to visit Nansha, which is a supporting investigation activity of the Guangdong-Hong Kong-Macao Greater Bay Area Investment Promotion Conference, in order to further deepen the understanding of Macao's industry on Nansha's development, business services and investment environment.
