Foreign investment builds momentum

The ongoing 2017 Fortune Global Forum in Guangzhou, capital of South China's Guangdong province, highlights the city's growing strength in attracting investment in emerging industries.

In May, Fortune magazine published a detailed report on the city's efforts to attract high-tech industries such as information technology, artificial intelligence and biopharmaceuticals. It also noted the city's ambition to become an international shipping and aviation hub.

The magazine cited a project of Foxconn, the electronics manufacturing giant from Taiwan, as an example. Foxconn plans to produce its latest generation displays with its most advanced 8K technology at the facility.