Regarding foreign investment, the document proposes to optimize the work mechanism for investment promotion, strengthen investment promotion in the manufacturing sector, and build a first-class investment environment.
Chen He, head of the School of Economics and Trade of the Guangdong University of Foreign Studies, said that one of the province's advantages in attracting foreign investment is that it boasts strong industrial clusters. Many foreign-funded companies along the supply chain have come here because of that.
Foreign investors will be encouraged and guided to prioritize the sci-tech and innovation field to attract a batch of high-level foreign R&D institutions to set up in Guangdong.
In terms of attracting overseas talent, Guangdong will focus on bringing in more highly skilled, sophisticated, and cutting-edge professionals and optimizing the implementation of a series of policy measures, including the Foreigner's Work Permit, foreign talent visa, and the recognition of high-level talents from overseas, as well as from Hong Kong, Macao, and Taiwan.
According to Chen, moving forward, the province will attract more high-quality foreign businesses through ever-improving industrial clusters and enormous market demand to seek common development.
