BIZCHINA / Investment Alerts |
Yunfu beckons foreign investorsBy Te Kan (China Daily)Updated: 2006-11-15 10:54
"Yunfu, a pearl along the Xijiang River, is expecting to attract more foreign investment to develop the city's stone materials, infrastructure, new and high-tech industries, agriculture, forestry and agriculture," Ou added. To help attract foreign investment, Yunfu will also expand its investment in infrastructure facility construction and try to improve the city's investment climate in the near future. And Yunfu will pay special attention to developing the city's Duyang and Xincheng industrial development zones and the Silao New and High-tech Science Park, which are near an expressway. Duyang Industrial Development Zone, covering 30 square kilometres, has become a hot spot for foreign investment. Meanwhile, Yunfu will also try to expand its economic ties with the prosperous cities in the Pearl River Delta which borders Hong Kong and Macao special administrative regions in the years ahead, and try to join the prosperous Pearl River Delta economic development area, Ou said. Located along the Xijiang River, one of the major tributaries of the Pearl River, Yunfu has its own advantages in attracting foreign investment and developing its economy. The city is only 140 kilometres away from Guangzhou, capital of Guangdong Province, and 327.8 kilometres from the Hong Kong Special Administrative Region. The Guangzhou-Wuzhou Expressway, which links Guangdong to the Guangxi Zhuang Autonomous Region, runs through Yunfu. The Sanshui-Maoming Railway also links Yuncheng District, Xinxing County and
the city of Luoding, which are under the administration of Yunfu, to the
national railway network.
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