It was learnt that Guangzhou has formed up a comprehensive and multi-level opening-up pattern covering a wide range of fields and developed into one of the areas with the highest-level opening-up and marketization in China. In the 2017 Special Report on the State of Business in South China and the 2017 “White Paper” on Business Environment in China released on March 1, the American Chamber of Commerce in South China highly praised the local market environment of Guangzhou and indicated that 48% of enterprise respondents showed interests in establishing new offices and service stores in Nansha New Area of Guangzhou within the coming one to three years.
Actually, the economic and trade ties between Guangzhou and the United States have been increasingly tightened. Taking Guangzhou Development District for example. It has more than 3,400 foreign-funded enterprises and 135 projects invested by Fortune 500 enterprises.
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