The 2024 Global Investment Promotion Conference for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) was recently held in Guangzhou. Jointly organized by the governments of Guangdong, Hong Kong and Macao, the event invited enterprises from around the world to explore new business opportunities and share the benefits of investing in the GBA. Prominent business leaders such as Dr. Markus Kamieth, Chairman of the Board of Executive Directors of BASF SE; Mr. Kuok Khoon Hong, Chairman of Wilmar International; and Mr. Darren W. Woods, Chairman and CEO of Exxon Mobil, shared their insights on investment and development in the region.
The conference featured a comprehensive “1+9+N” series of events, including 1 main event, 9 city-level investment promotion conferences in the Pearl River Delta, and numerous domestic and overseas roadshows and industry-specific investment promotion activities. Key highlights of the main event included the thematic conference, the release of the Guangdong Top 100 Foreign-Invested Enterprises List, roundtable discussions with multinational corporations, investment policy briefings, industry matchmaking events, an investment promotion achievements exhibition, and a “Bay Area Night” networking session.
Dongguan yielded fruitful results at the Conference, as follows: 15 Dongguan enterprises made the Guangdong Top 100 Foreign-Invested Enterprises List, ranking second in the province; agreements totaling RMB 120.4 billion were signed on site, securing the fourth position in Guangdong; Dongguan was recognized as an Excellent Investment Promotion City for 2022 and 2023, one of only six cities in the province to receive this honor consecutively.
15 Dongguan enterprises made the Guangdong Top 100 Foreign-Invested Enterprises List.
On November 7, the Guangdong Top 100 Foreign-Invested Enterprises List was officially released. Dongguan contributed 15 companies to the list, including Nine Dragons Worldwide (China) Investment Group Co., Ltd., Dongguan Cowell Optic Electronics Co., Ltd., and Coca-Cola Bottlers Manufacturing (Dongguan) Co., Ltd., ranking second in the province after Guangzhou, which had 21 entries.
The rankings were determined by the Guangdong Association of Enterprises with Foreign Investment primarily based on cumulative direct investment by foreign investors in Guangdong, with additional consideration given to corporate reputation and economic contributions.
Manufacturing dominated the list of Dongguan enterprises, spanning sectors such as semiconductors, advanced equipment manufacturing, and textiles. This highlights the city’s impressive achievements in fostering high-quality development in manufacturing.
Dongguan secured RMB 120.4 billion in agreements.
The conference facilitated 1,933 projects across Guangdong, with a total investment of RMB 2.26 trillion. Among these, 24 major projects were signed on site. Dongguan contributed 150 projects, with a total investment of RMB 120.4 billion, ranking fourth in the province. These projects spanned advanced manufacturing, high-tech industries, and producer services, showcasing the city’s diversified investment opportunities. One highlight was the signing of the Brilliant Technology headquarters and production manufacturing project during the event.
In addition, Dongguan’s Cowell expansion project, with an investment of RMB 3.2 billion, was recognized as an Investment Elite Project in Guangdong. Over 90% of the construction has been completed, and the project is now operational.
During the thematic conference on November 8, Dongguan was honored as an Excellent Investment Promotion City for 2022 and 2023, marking its consecutive inclusion among the province’s top six cities for investment excellence.
Dongguan promoted investment policies on site.
On the morning of November 8, the Guangdong Municipal Investment Policy Briefing was held at the Guangzhou Baiyun International Conference Center. This event highlighted Guangdong’s investment incentives and business environment while presenting the vast opportunities arising from the province’s new wave of reforms and development.
At the briefing, Mr. Lu Zhan, Director of Dongguan Investment Promotion Bureau, detailed the city’s latest advancements in industrial development, investment policies, and business support measures. Emphasizing Dongguan’s commitment to attracting global investors, he unveiled a comprehensive package of “Space + Funds + Policies + Services”, demonstrating Dongguan’s strong resolve and sincerity in fostering economic partnerships.
