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Guangxi FTZ takes advantage of online channel for investment promotion

June 10, 2020


Abstract : South China's Guangxi free trade zone (FTZ) has taken advantage of the online channel for investment promotion, with more than RMB 8 billion projects signed at a recent conference.

Photo: 2020 Online Investment Promotion and Contracts Signing Conference of China (Guangxi) Pilot Free Trade Zone

BEIJING, June 10 (Xinhua) -- South China's Guangxi free trade zone (FTZ) has taken advantage of the online channel for investment promotion, with more than RMB 8 billion projects signed at a recent conference.

Guangxi FTZ has recently launched the 2020 online investment promotion and contracts signing conference through "could service". The event was broadcasted live to promote investment projects.

According to statistics, more than 20,000 domestic and foreign enterprises which were invited earlier by the FTZ in a targeted manner watched the live broadcasts.

It is the first time that Guangxi FTZ has launched a large-scale investment promotion activity globally. A total of 31 projects, covering production base construction, green agriculture, smart and intelligent industrial parks, e-commerce, logistics and transportation, were signed at the conference, with a total investment of more than 8 billion yuan.

"Now, the economic and trade cooperation between Guangxi and ASEAN is getting closer, and more and more enterprises are settled in the Guangxi FTZ. The future development potential here is very large," said Sun Hougang, general manager of China Marine Bunker Supply Company at the conference.

Guangxi FTZ will focus on system innovation and significantly reduce the institutional cost of enterprises, strive to build a good business environment, and provide a full range of services for Chinese enterprises to enter the ASEAN market and the enterprises in ASEAN countries to enter the Chinese market, according to Jiang Liansheng, head of the Commerce Department of the Guangxi Zhuang Autonomous Region. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

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Keyword: free trade zone Guangxi FTZ

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