Date
19 November 2017

Guangdong sets targets for foreign investment, paper says

Guangdong province aims to attract more than US$75 billion in foreign investment between 2013 and 2015, with that direct investment to account for over 45 percent of the province’s total by 2015, the China Securities Journal reported Tuesday. The province also aims to launch more than 100 projects involving Fortune 500 companies, industry flagships, and overseas conglomerates every year, as well as introduce 200-plus US$50 million foreign-capital projects every year, the report said. Guangdong will also encourage and support domestic firms seeking to list overseas, and channel foreign capital into the province’s healthcare, elderly care, education, training, financial guarantee and leasing, sport and entertainment industries, the report said.

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