Guangdong governor Huang Huahua has promised to offer more
business opportunities to investors and representatives from the
European Union to further expand his province's ties with the
economic bloc.
He said EU companies could profit from investing in the southern
Chinese province.
Guangdong Province has advanced infrastructure but lacks energy
and resources. It relies heavily on overseas financial support and
technological cooperation to sustain its economic growth.
"Guangdong is hoping to attract more investors from Europe to
develop its manufacturing, hi-tech and environmental protection
industries in the future," Huang told the EU ambassador to China
Serge Abou early this week.
"There is plenty of scope for investment from EU companies as
the province strives to become a world factory for new and hi-tech
industries and an international service and logistics center,"
Huang said.
Huang also welcomed more big-name European companies, and small-
and medium-sized enterprises to set up their research and
development centers in Guangdong.
He pledged further improvement of the province's investment and
business environment as well as service to foreign investors and
businesspeople.
Huang said he expects neighboring Hong Kong and Macao will
continue to act as a bridge linking Guangdong to Europe.
Abou arrived in Guangzhou, the provincial capital, on Monday,
seeking an expansion of economic cooperation between Guangdong and
the European Union.
Abou said he hoped to advance the European Union's cooperation
with Guangdong in education, tourism and trade, and that more EU
companies were likely to explore the myriad of business
opportunities in the province.
Guangdong's economic links with Europe have expanded steadily in
recent years.
(China Daily April 13, 2007)