Guangzhou's economy is seeing steady growth and the city's foundation for high quality development continues to strengthen, according to a report on the first half of this year released by the Guangzhou municipal development and reform commission on July 22.
Construction of a joint hospital project with an investment of 3 billion yuan ($440 million) began in Panyu district, Guangzhou on July 21.
GAC Group, a Guangzhou-based automobile company, reached an agreement with CATL, or Contemporary Amperex Technology Ltd, a Chinese company focusing on research and development, production, and sales of EV battery and energy storage battery systems, to jointly set up two subsidiaries on Thursday.
GAC Motor, one of China's fastest-growing automakers, announced its new brand - "The Road to Greatness" - at its 10th anniversary ceremony on Saturday.
General Electric (China) signed a memorandum of cooperation with Guangzhou Development District on July 19 to set up the first offshore wind power operation and development center in the Asia Pacific region.
The city of Guangzhou in South China's Guangdong province is now one step closer to its goal of becoming the world’s display capital, after the establishment of a large OLED panel production line in Huangpu district on July 11.
Guangzhou has taken innovative approaches to enhance financial risk prevention and control and the city has also achieved remarkable results in green finance reform and innovation, said Nie Linkun, deputy director of the Guangzhou Financial Affairs Bureau, at a press conference on June 28.
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