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Tài Xỉu app:Guangzhou to get business back on track

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Guangzhou bureau of commerce will organise two investment delegations to visit Japan, South Korea, Germany and Switzerland to attract investment for its pillar industries of automobile industry chains, biomedicine, electronics, machinery and equipment.

GUANGZHOU: Guangzhou, Guangdong province, is sparing no effort to attract more offshore investment and stimulate consumption as the country is optimising its Covid-19 policies and measures.

The southern metropolis, known as a millennium commercial capital, should work harder to introduce concrete and effective measures to boost its economic vitality to help maintain stable growth, said Chen Yanchuan, deputy director of the Guangzhou bureau of commerce at a news conference in the provincial capital on Wednesday.

According to Chen, his bureau will organise two investment delegations to visit Japan, South Korea, Germany and Switzerland to attract investment for its pillar industries of automobile industry chains, biomedicine, electronics, machinery and equipment, and help local foreign trade companies increase their presence in overseas markets before the end of the year.

The delegations will visit major multinational enterprises there to seek expansion of cooperation, he said.

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“And two investment and trade promotion fairs will also be organised in Tokyo and Switzerland,” said Chen.

His bureau provides facilitation guidance for international investors and business executives to come to Guangzhou through optimisation of the inbound prevention and control process.

“Now foreign CEOs and senior executives can be organised to directly conduct business negotiations with their Chinese counterparts in a closed loop environment upon arrival in Guangzhou,” Chen added.

As an international consumption centre city, Guangzhou will introduce more effective measures and organise a series of promotional events to stimulate consumption. The city’s relevant departments have also issued more than 3.4 million consumer coupons to help stimulate consumption since May, he added. — China Daily/ANN


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