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Investment Policy -- Opinions On Optimizing Investment Environment
Source:   Publish Date: 2008-2-15 13:56:00

Several Opinions on Further Optimizing Investment Environment to Invite Tenders and Attract Investment Promulgated by the People's Government of Guangdong Province
Yue Fu [2004] No. 126 (Brief)

Giving more instructions concerning classification of industries and pacing up the developing speed of mountainous areas and east & west wings

The Pearl River Delta will give priority to high-tech projects, service industry projects and flagship projects, all with intensive skill & capital and high added value, so that it can upgrade industry structure, extend the chain of industries, promote clustering of enterprises, cultivate its own feature, and enhance its influence and radiation.

 The big cities should make efforts to attract transnational companies to set up regional headquarters and R & D centers.

 Mountainous areas, east & west wings should play an active role in relieving pressure of the Pearl River Delta, guide foreign investment to concentrate such industries as petrochemical, paper making, medicine, electronics, environmental protection, tourism, "shree highs" agriculture (high yield, high quality and high efficiency agriculture), marine products and infrastructure, in the meanwhile push forward special economy, marine economy, resource processing industry, farm products processing industry and labor intensive industry so as to quicken the pace of industrialization, urbanization and agricultural industrialization.
 
The Pearl River Delta and mountainous areas, east & west wings should cooperate to exploit land resources, that is, the Delta sets up in mountainous areas industrial parks invested by foreign merchants, and both sides develop the existing industrial parks through various forms.

 
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