Foxconn Technology Group will begin construction this month on a 9 billion US dollars display plant in Guangzhou, southern China's Guangdong province.

This is the largest single investment in the advanced manufacturing industry in Guangzhou since 1978. Guangzhou has been an important foreign trading port in China for over 2,000 years. By the end of 2016, 288 of the world's Fortune Global 500 Companies have had operations in Guangzhou.

What makes Guangzhou attractive for global investment?

Firstly, Guangzhou, as an international business center and transport hub, provides world-class infrastructure and investment environment.

Secondly, Guangzhou boasts excellent colleges and universities, research institutions, cultivating and fostering business opportunities.

Thirdly, Guangzhou has a developed and complete industrial chain, 10 key industries including automobile manufacturing, fine chemical industry, major equipment, trade exhibition, financial insurance, modern logistics, a new generation of information technology, bio medicine, new materials, new energy and environmental protection etc.

What's more, China (Guangdong) Pilot Free Trade Zone (FTZ) Nansha Area, an important platform for innovation and reform, has implemented measures including foreign investment negative list management, cross-border RMB business innovation, financial exchange innovation, etc. to boost business and investment.

In conclusion, infrastructure, talent pool, complete industrial chain and policy support are the major attractions for global investment.

Email: gaohan@nbd.com.cn