Competition among CBDs becoming ever fiercer

Guangzhou, capital of Guangdong province, is a South China trading center with centuries of history and a bright future.

Despite being beaten in some competitiveness lists by other burgeoning cities, it still attracts the interest of a host of companies.

According to Sina online news, Zung Fu China, one of the country's leading Mercedes-Benz retailers, is moving its headquarters, national operations and management from Shenzhen to Guangzhou Tianhe central business district.