Firms enhance B&R cooperation

Guangdong-based companies see trade growth with related economies

Companies in Guangdong province, an economic powerhouse in South China, have strengthened cooperation with countries and regions related to the Belt and Road Initiative on trade, investment and high-end production, according to an industrial report.

Significantly improved research and development capabilities over the years have helped Guangdong-based companies to move up the global industrial value chain, and have expanded the space and depth of their involvement in the BRI, according to the report.