Foreign investors courted to help structural reform

Already a hotspot for foreign investors, Guangdong is formulating an aggressive plan to attract even more capital from developed countries and regions.

According to a guideline released by the provincial government earlier this month, Guangdong plans to draw in more than $75 billion in foreign investment from 2013 to 2015, with the focus on Europe and North America.

The province expects new investment from those regions to make up more than 20 percent of its total foreign investment in 2015.