Page 132 - 2024 Special Report on the State of Business in South China

Summary

Guangdong province, driven by construction of
the GBA, has created a free trade zone with free
investment and trade, an innovative resource
cluster and prominent radiation functions that
encourage foreign investment, strengthen
conditional rewards and subsidies for enterprises,
and promote scientific research, talent and trade
cooperation with Hong Kong and Macau that
focuses on supporting the development of science
and technology, finance, and leisure tourism.
Guangdong is creating a globally competitive
business environment by giving play to the decisive
role of the market in resource allocation, reducing
administrative intervention and strengthening
comprehensive market supervision to form a
stable, fair, transparent, and predictable first-class
business environment.

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