Representatives from Guangzhou and Japan take part in the meeting.

The Guangzhou-Japan Economic and Trade Cooperation Roundtable Meeting was held in Guangzhou on Jan 17.

Japan has long been a crucial trade and investment partner of Guangzhou. Over the years, both sides have upheld the principle of win-win cooperation, achieving impressive results in areas such as automotive, finance, and culture and injecting vitality into the economic development of both parties. Despite the changing global economic landscape in 2024, Guangzhou and Japan remained steadfast in facing challenges together.

Guangzhou is currently advancing the development of the Guangdong-Hong Kong-Macao Greater Bay Area, introducing innovative and efficient foreign investment policies, and cultivating a fairer and more open business environment. These initiatives will create an ideal environment for the expansion of Japanese enterprises.

Japan is the second-largest source of foreign investment in Nansha, with 62 Japanese enterprises investing and operating in Nansha. As of November 2024, Japan's cumulative investment in the city had reached $1.52 billion, with total trade between Nansha and Japan exceeding 13.2 billion yuan ($1.8 billion) from January to November 2024. Companies in Nansha can benefit from various preferential policies, such as tax incentives, industry promotion, financial investment, talent settlement, and facilitation of personnel entry and exit.