Business

Mar 4, 2021

Guangzhou welcomes $7b in new foreign investment

A series of events including a symposium on cooperation between Guangdong and transnational companies during the 14th Five-Year Plan (2021-25) period and a signing ceremony for strategic cooperation framework agreements were held in Guangzhou on March 2.

Mar 1, 2021

Guangzhou second in China for technical contract turnover in 2020

Guangzhou ranked second in China, behind only Beijing, in terms of its technical contract turnover in 2020, according to statistics released on Feb 24 by the Ministry of Science and Technology's Torch High Technology Industry Development Center.

Feb 22, 2021

Biotech company BeiGene kicks off cancer drug plant construction

BeiGene officially kicked off its fourth plant construction in Huangpu district on Sunday, playing a role to help build the Sino-Singapore Knowledge City in this southern metropolis to become largest production base of anti-cancer drugs in Asia.

Feb 4, 2021

Guangzhou Pharmaceutical Group launches fund for rural revitalization

Chinese pharmaceutical giant Guangzhou Pharmaceutical Group launched on Tuesday a fund of 1 billion yuan ($155 million) under the name of Ci Ning Ji, aimed at boosting development of rural areas in Guizhou province.

Feb 1, 2021

GDP of China's Guangzhou tops 2.5 trln yuan in 2020

The GDP of Guangzhou, capital of south China's Guangdong Province, grew 2.7 percent year on year to exceed 2.5 trillion yuan (about 388.25 billion U.S. dollars) in 2020, local authorities said Friday.

Jan 28, 2021

Herbal tea maker teams up with Kuaishou for Spring Festival brand promotion

Guangzhou Wanglaoji Health Industry Co Ltd, one of China's leading herbal tea makers, has teamed up with the short video service platform Kuaishou to promote its brand expansion and Chinese auspiciousness culture during the Spring Festival holiday.

Jan 25, 2021

Futures exchange expected to pioneer green development

China's new futures exchange in Guangzhou, Guangdong province, is expected to pioneer green finance efforts by launching the country's first futures contract related to carbon emissions, experts said on Sunday.

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