Investors worldwide taking note of Foshan's progress

Though global businesses remain cautious about investment as regional competition for scarce capital is intensifying nationwide, Foshan city recorded sustained growth in foreign investment in 2013.

This is not just coincidence. Foshan's economic climate is booming and foreign investors are taking note, local officials said.

The city's competitiveness ranks among the eight best of China, according to the Chinese Academy of Social Sciences.