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Foreign investment builds momentum

By: chinadaily.com 6 months ago

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The ongoing 2017 Fortune Global Forum in Guangzhou, capital of South China's Guangdong province, highlights the city's growing strength in attracting investment in emerging industries.

In May, Fortune magazine published a detailed report on the city's efforts to attract high-tech industries such as information technology, artificial intelligence and biopharmaceuticals. It also noted the city's ambition to become an international shipping and aviation hub.

The magazine cited a project of Foxconn, the electronics manufacturing giant from Taiwan, as an example. Foxconn plans to produce its latest generation displays with its most advanced 8K technology at the facility.

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