Business News
Guangzhou launches new urban consumption IP to stimulate consumer market
Guangzhou has unveiled a series of new urban consumption IPs, Yangcheng's New Consumption Eight Sightsat the iconic Canton Tower Plaza on December 28, marking a significant step in fostering a diverse and integrated consumer landscape.
Canton Tower Plaza opens on December 28
On December 28, Haizhu District, Guangzhou, unveiled a brand-new landmark plaza – Canton Tower Plaza. Situated at the southern starting point of Guangzhou's new central axis, the plaza is an international high-end shopping mall that combines fashion, luxury, internationalization, quality, intelligence, and green sustainability, focusing on pioneering stores and the night-time economy.
Nansha Port throughput hits milestone
The container throughput of Nansha Port, the largest port unit of Guangzhou Port Group (GPG), has reached 20 million standard containers this year, marking a new milestone and scale for the international shipping hub in Guangzhou, the capital of Guangdong province.
Policies
  • Chinese authorities recently released revised rules on foreign investors strategic investment in listed companies in a move to encourage foreign investors to make long-term and value investments in the country.
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  • The Twenty-first Meeting of the Standing Committee of the Sixteenth Guangzhou Municipal People’s Congress adopted the Regulations of Guangzhou City on Foreign Language Signs in Public Places on November 29, 2023. It was reviewed and adopted by the Seventh Meeting of the Standing Committee of the Fourteenth Guangdong Provincial People’s Congress on December 28, 2023. It is hereby promulgated and will take effect from February 1, 2024 onwards.
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