STV Sakai (Guangzhou) International Science and Technology has formally completed registration in China's southern Guangdong Province, according to local customs.
A total of nine provincial-level regions' GDP exceeded three trillion yuan in China in 2016 and the economy of Guangdong province has remained the biggest for the 28th consecutive year.
Companies from South China's Guangdong province significantly increased investment into countries and regions along the Belt and Road in 2016.
Guangzhou is set to further global free trade and innovation by welcoming multinationals to the Fortune Global Forum in December.
Guangzhou, the host city of the 2017 Fortune Global Forum, held a promotion seminar in Paris on Jan , kicking off its first overseas roadshow for the upcoming event.
Last year saw major investment projects funded by Fortune Global 500 companies in Guangzhou, such as Cisco (Guangzhou) Smart City, the southern headquarters of China Railway Construction Corp Ltd and COSCO Shipping Bulk Co Ltd.
A special event was held in Panyu district to attract investment from Cisco Greater China partners.
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