On March 29, 2023, the first local special promotion event of the Year of Investing in China was held in Guangdong. This investment promotion event led to the signing of several foreign-funded projects, with a total investment of over 90 billion yuan.

74 foreign-funded projects were signed in this event, with a total investment of 90.5 billion yuan. Among them, 47 are manufacturing projects, accounting for more than 60% of the total number of projects; the investment amount is 63.9 billion yuan, accounting for more than 70% of the total investment.

In recent years, the layout of multinational companies in the Greater Bay Area is also shifting to the middle and high-end links of the industry, from investing in factories to landing R&D centers, service centers and comprehensive management businesses, and accelerating localized innovation.

According to statistics, there are currently more than 300,000 foreign-invested enterprises in Guangdong, and 350 of the world's top 500 companies have invested in Guangdong. Exxon Mobil, Shell Group, BASF and other projects with a value exceeding US$10 billion are speeding up construction and commissioning in Guangdong. . Next, Guangdong will organize enterprises to conduct special inspections in the east, west and north of Guangdong and the Pearl River Delta region, focusing on the manufacturing industry to carry out investment promotion activities. At the same time, in order to further optimize the business environment, Guangdong has recently introduced a number of policies and measures to promote the high-quality development of investment promotion , to further send a signal to the world to promote reform and opening up at a high level, and to attract foreign-funded enterprises to develop in the Greater Bay Area.Editor/Ma Xue