On February 13, as revealed on the Annual Conference of Foshan Investment Promotion System, Foshan has garnered up intended investment of 151.7 billion yuan since investment promotion campaigns kicked off at the beginning of 2023. Coming right up, the "4321" Blueprint will be carried out by the Foshan Investment Promotion Department, targeting an overall investment of more than 400 billion yuan that leads to a new era of quality investment in Foshan.

Annual Conference of Foshan Investment Promotion System

In 2022, Foshan Investment Promotion Department has made a historic win. As of contracted projects at over 100 million yuan, Foshan has topped an overall value of 346.598 billion yuan. Among these projects, 344 projects are categorized into secondary industry, which makes up over 80% of the total volume and contributes over 70% of the contracted investment.

"We have improved the administrative approval & agency services, which helped a lot for business settlement. We're creating a first-class business environment." said by Chen Xinwen, director of Foshan Investment Promotion Bureau.

In 2023, the "4321" Blueprint will be further carried out, targeting an overall investment of more than 400 billion yuan. That includes more than 300 billion yuan from industrial projects with the scale of over 1 billion yuan or 100 million dollars. Overall, gross investment in fixed assets should reach more than 200 billion yuan, and 100 billion yuan of fixed assets should be accomplished within the year.

By far in 2023, 35 teams have been dispatched to 23 cities in 11 provinces in China for investment promotion, with presence in 202 key enterprises and important partners, and intense discussion on 137 investment projects that gathered up intended investment of 151.723 billion yuan.

Author | Jersey

Revisor | Eddie, Jessica

Photo | Foshan Daily