Aerial photo taken on April 10, 2022 shows the first steel box girder being set up on the main bridge at the construction site of Hongqimen bridge in south China's Guangdong Province. Hongqimen bridge is part of a highway linking Nansha District of Guangzhou City and Zhongshan City in Guangdong. (Xinhua/Liu Dawei)
BEIJING, Dec. 22 (Xinhua) -- The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) has been proven to be a huge magnet for global investment as the region attracted investment deal worth 2.5 trillion yuan (about 358.3 billion U.S. dollars) at an investment promotion event on Wednesday.
Themed "Investing in the GBA, Creating a better future", the 2022 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area was held both online and offline in Guangzhou, Hong Kong and Macao, aiming at demonstrating the region's development opportunities and investment potential, and pooling premium resources to promote high-quality development of the region.
The first global promotional event for the region attracted over 300 multinationals to participate and is expected to achieve 853 cooperation projects with total investment of 2.5 trillion yuan.
It's learned that representatives from multinationals will go for field trips in nine cities in south China's Guangdong Province and more supporting activities will be held in countries such as the United States, Germany, the United Kingdom, Japan and South Korea.
According to an official with the provincial Bureau of Commerce of Guangdong, the province will launch "2+1" approach to attract investment. Two stands for two major directions of manufacturing and headquarters, while one means a policy mix, which includes supporting policies in terms of financial incentives, tax, scientific and technological innovation, finance, land, power, human resources and environmental protection.
(Edited by Li Shimeng with Xinhua Silk Road, lishimeng@xinhua.org)
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