Nansha held a signing & groundbreaking ceremony for a batch of key projects on July 8th. With a total investment of about 34.2 billion yuan, these projects cover such business sectors as bio-medicine, technological innovation and smart manufacturing, and are expected to create more than 70.8 billion output and revenue once put into operation.
Eric Xie, Director-General of Nansha Commerce Bureau, believe these projects will further activate the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) development and boost cooperation between three places.
“The district is aiming at partnership in business sectors such as professional service, finance and logistics. These sectors are very well-developed in Hong Kong and Macao and have been leading in the global market for decades. As of today, we have introduced a number of long-lasting Hong Kong brands and set up a variety of platforms including incubators and industrial parks, which we believe, will help cluster more Hong Kong and Macao projects”
The GBA industrial park which broke group during the ceremony is a project of this kind. The industrial park is working to connect with Hong Kong standards under the local administration and legal framework, aiming to provide Hong Kong entrepreneurs with an open platform for business partnership and cultural exchanges.
Chen Lierong, Nansha Industrial Park Development and Construction Bureau, said “the bureau will work to attract more Hong Kong and Macao youths to start their career in Nansha as projects like the GBA industrial park and Hong Kong University of Science and Technology (Guangzhou Campus) has settled in the district.”
Eric Xie considered the biggest challenge now comes from the downward pressure on global economy. “Although economic growth is robust in Nansha because of a wide range of advantageous policies, we need to figure out the ways to drive regional development through industrial innovation and system innovation.”