Page 13 - 2021 Guangzhou Special Report

·Compared with 2019, 43% of companies report
an increase in reinvestment in Guangzhou in 2020 while
merely 20% report a decrease in reinvestment under the
impact of COVID-19 and other factors.
·The primary factor that incentivizes companies to ??¹¿å·???ºç?å¢??æ½??ï¼??次为?¿ç??©å¥½???ä»??家æ???
increase investment or shift investment to Guangzhou
is the growth potential of local market, followed by
preferential policies and uncertainty of COVID-19
pandemic in other countries.
·Approximately 70% of the companies plan to
expand in Guangzhou in the next three years.
·99% of the studied companies consider the
business environment in Guangzhou excellent or good
or neutral.
·Most of the companies ascribe their determination
to establish a company in Guangzhou to growth potential
of Guangzhou market, followed by advantage of proximity
to Hong Kong, Macao and Taiwan, as well as better
infrastructure than other places in China.
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