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Guangzhou sets up Office of Canton Investment Development Commission
Update: 2024-07-03     Source: GDToday

On the morning of June 28, the opening ceremony for global investment promotion in the new era was held in Guangzhou, with the establishment of the Office of the Canton Investment Development Commission (CIDC Office), and the release of the "20 Articles of Guangzhou Investment Promotion Policies". This signifies Guangzhou's in-depth integration with global economic development and efforts to promote "investment 4.0" to achieve a new strategic leap.

The newly established Canton Investment Development Commission (CIDC), in line with international investment promotion agencies such as the Investment Development Agency Ireland (IDA Ireland), includes both guidance, investment, and investment services. It also embodies reaching out to each other and collaborative development between the city and enterprises, reflecting coordination, internationalization, and professionalism. It is a new IP for Guangzhou's investment attraction.

According to the introduction, the new agency focuses on coordinating the city's resources, working with global investors to see the potential in Guangzhou and take root there, becoming the project planner, resource integrator, opportunity facilitator, and professional service provider for Guangzhou's "Millennium Commercial Capital," achieving the extraordinary dreams of a wide range of investors with high-quality and efficient services.

Next, Guangzhou will seize opportunities for the development of new quality productivity and promote investment attraction at multiple levels, based on the approach of dividing by industry, running by enterprise, and recruiting by project.

Among them, the key industries focus on display technology, automobiles and parts, fast-moving consumer goods, and modern services. The emerging industries focus on new-generation information technology, new energy, new materials, high-end equipment, green environmental protection, and marine equipment. The future industries focus on increasing investment services in the meta-universe, brain-computer interface, quantum information, humanoid robots, artificial intelligence, biological manufacturing, and new energy storage.

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