Since being designated as a national experimental center for service trade innovation by the State Council in February 2016, Guangzhou's service industry has gone from strength to strength.
Nippon Electric Glass, a company dedicated to the production and sales of substrate glass for liquid crystal displays , signed a contract with Guangzhou Development District on Aug 29 to build another production base in the city.
It has been one year since the first Sino-Europe train departed from Guangzhou to Vorsino, Russia on Aug 28, 2016.
An event aimed at attracting Japanese investment to Guangzhou was held in the Guangdong province capital on Aug 22, southcn.com reports.
Singapore Manufacturing Innovation Center (SMIC), set up by International Enterprise Singapore and Asia's leading sustainable urban and business space solutions provider Ascendas-Singbridge Group, settled in Sino-Singapore Guangzhou Knowledge City on Aug 21.
Home appliance manufacturer Haier is set to establish finance center in Nansha, signing a cooperation agreement with the district's management committee and Guangzhou science technology and innovation commission on Aug 14.
According to the statistics released by Guangzhou municipal commission of commerce, the newly introduced registered capital in Guangzhou from January to July this year increased to 920 billion yuan ($138 billion), a year-on-year increase of 140 percent, with IAB investments reaching 1,000 billion yuan.
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