Private investment, first of all from Hong Kong, will be treated as an important social asset in the next stage of economic development in the city of Zhanjiang, Guangdong province.
"We have a big plan," said the mayor of Zhanjiang, a port city in China's deep south.
What are the first things that come to mind when a Chinese person is asked about Zhanjiang?
One of China's largest national-level development areas, the Zhanjiang Economic and Technological Development Zone will one day grow into one of the main economic engines in Guangdong province, local officials predict.
Zhanjiang is by no means short of ambitious local entrepreneurs.
A farm turned economic zone is aiming to become a new powerhouse in the city of Zhanjiang, Guangdong province.
One of the country's biggest prawn exporters, Guolian Aquatic in Zhanjiang, Guangdong province, aims to be a key player in the maritime industry in China, according to the company.
Despite rising costs and fierce competition from Southeast Asia, a Hong Kong-invested textile company in Zhanjiang is still confident about business growth due to its persistent pursuit of technical innovation and strong support from the local government.
In the next few years, Hong Kong and Zhanjiang plan to build closer trade ties based on the complementary geographical advantages of both cities.
Major infrastructure projects in Zhanjiang are now vying for investors in Hong Kong.
The government of Zhanjiang is inviting investment from Hong Kong into its industrial parks, which are responsible for an increasing share of the city's economy.
Zhanjiang is welcoming investment from Hong Kong into its promising tourism industry, which is expected to boom around 2016 after the city's transport facilities have improved, a top city official said.
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