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.
Guangzhou's bio-industry enterprises joined hands on Aug 8, to create an alliance in order further the city's IAB strategy.
Two cities in Guangdong province, Guangzhou and Foshan, have pledged to enhance cooperation in many sectors in the future, said officials on July 28.
In the first half of 2017, Guangzhou's GDP grew at a faster rate than the country as a whole, ranking third of all cities in China.
Guangzhou Municipal Human Resources and Social Security Bureau issued new incentive policies on July 18, in order to encourage the introduction of more high-calibre talents to the city.
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