Home / IoT at Wuxi

Guangdong to relax foreign investment rules

By Qiu Quanlin in Guangzhou | China Daily | Updated: 2018-09-14 07:47

Foreign investors will be allowed to establish solely foreign-owned enterprises in a number of key industries in South China's Guangdong province, according to the local commerce authority.

The industries include manufacturing of special-purpose and new-energy vehicles, design, manufacturing and maintenance of ships, aircraft, helicopters weighing 3 metric tons and above, unmanned planes and aerostats, construction and operation of gas stations, international marine shipping and carriage of passengers by railway, Guangdong Provincial Commerce Department said at a news conference.

"The move is to continue to open up the investment environment in Guangdong, and optimize the industrial structure under the new economic situation," said Chen Yuehua, deputy director of the Guangdong provincial commercial department.

Guangdong to relax foreign investment rules

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349