Southern metros take the lead in FDI race

Guangzhou and Shenzhen rank as the two most popular destinations for foreign investment on the Chinese mainland, according to a study conducted by the American Chamber of Commerce in South China.

The two southern metropolises in Guangdong province are followed by Shanghai and Beijing, according to the study, which covered a total of 44 mainland cities

Harley Seyedin, president of AmCham South China, said it was the first time Guangzhou had become the most favored city in the mainland for offshore investment.