The construction of the Fuling Food Industrial Park, a joint venture between Louis Dreyfus Company, Donlink Group and Haid Group, officially started in Nansha district, Guangzhou in Guangdong province back in March. With an investment of 7 billion yuan ($101 million), the project is one of the largest investment projects of Louis Dreyfus in China.
On August 3, the 2022 Fortune Global 500 List was released. A total of 24 companies from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) made the list.
China Council for the Promotion of International Trade Guangzhou Committee (CCPIT Guangzhou) has set up a special work group of some 30 government institutions to serve local foreign-invested and foreign trade enterprises while launching a special bilingual hotline and online platform to collect company demands.
The first batch of "Guangzhou Foreign Investment Service Workstations" were unveiled recently, along with the first signed digital RMB-empowered foreign investment cooperation agreement.
GAC Group, a leading automobile manufacturer based in Guangdong province, plans to make all its models electric by 2025, according to a senior company executive.
The Guangzhou integrated pilot zone for cross-border e-commerce ranked first-class in China during a recent evaluation, becoming one of the 10 selected integrated pilot zones for cross-border e-commerce in the country.
China's central bank announced on April 2 that its digital yuan pilot program will be expanded to more domestic cities following its successful operation over recent years.
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