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Baiyun, district full of investment opportunities

Updated : April 25, 2023
 

Determined to remodel its industrial system and seize on the advantages of its hub status, Baiyun district has become a remarkable land of opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area, and it has already established itself as a business-friendly locale.

As industrial transformation is the key to nourishing investment, Baiyun has taken the path of strengthening its secondary industries, optimizing its tertiary industries and promoting integrated development between its primary, secondary and tertiary industries. With Huawei, Baidu and other large enterprises having settled in Baiyun, more high-quality enterprises are on the way.

Under the "investment in Baiyun" boom, the scale of industrial investment in Baiyun district expanded from 3.8 billion yuan ($551.6 million) to 7 billion yuan from 2018 to 2022. In 2022, the proportion of manufacturing investment increased to 74.2 percent, thanks to the promotion of major projects such as Huawei's Guangzhou R&D Center.

Baiyun district has also strived to build four major hubs, including Guangzhou Baiyun International Airport, Guangzhou International Port, Guangzhou Baiyun Railway Station and Guangzhou Railway Station. Capitalizing on these advantages, it has cultivated a number of major development platforms, such as Guangzhou Private Science and Technology Park, Baiyun New City, and Baiyun Lake Digital Technology City.

As the central urban area of an international metropolis, Baiyun has a significant low-cost advantage, with an extremely convenient rail transport system, and ample low-rent business space in various industrial parks.

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Guangzhou Private Science and Technology Park. [Photo/WeChat account: gz_baiyunfabu]

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Guangzhou Baiyun International Airport. [Photo/WeChat account: gz_baiyunfabu]

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