Guangdong province invites foreign investors to benefit from GBA's growth
China DailyA senior Chinese official encouraged offshore companies to make the Guangdong-Hong Kong-Macao Greater Bay Area an important destination for their investment layout and an important base for global operations. Huang Kunming, a member of the Political Bureau of the Communist Party of China Central Committee, said, "There are huge development spaces and broad prospects in the GBA, as technological innovation and industrial upgrading are accelerating which is promoting the cultivation of new quality productivity." "And the vast market contains greater possibilities," Huang, also Party secretary of Guangdong province, made his remarks at his keynote speech at the opening ceremony of the 2023 Global Investment Promotion Conference for The Guangdong-Hong Kong-Macao Greater Bay Area in Guangzhou, capital of Guangdong province, on Wednesday. Jacob Aarup-Andersen, CEO of Danish brewer Carlsberg Group, said the GBA provides a favorable business environment with a high level of economic prosperity, robust consumer power and favorable demographic structure.