On the morning of March 15, 2012, Wan Qingliang, Secretary of the CPC Guangzhou Municipal Committee, attended the cornerstone laying ceremony of P&G's plant in Sino-Singapore Guangzhou Knowledge City (GKC) and the inaugural ceremony of P&G Volunteer Service Center, meeting with a delegation headed by P&G Greater China President Shannan Stevenson.

The new multi-category production base is one of the most important parts of the new global strategy of increasing an investment of 1 billion US dollars in China within five years mapped out by P&G in 2010. Located in the north start-up zone of GKC, with an area of 718,000 square meters, the project is scheduled to be constructed by three phases. Phase 1 will cover baby care products and is scheduled to go into production by October 2013, and Phase 2 is scheduled to go into production by October 2015. With a promised registered capital of 310.4 million US dollars, the first two phases are expected to yield an annual output value of some RMB 11.5 billion yuan (1.8 billion US dollars) and an annual tax of some RMB 1.6 billion yuan (250 million US dollars).