Guangxi FTZ teams up with overseas agencies to attract investment

The China (Guangxi) Pilot Free Trade Zone signed cooperation agreements with 11 overseas investment attraction agencies from Singapore, Malaysia, Japan, South Korea, Germany and the United States at the Guangxi FTZ Overseas Investment Attraction and Cooperation Conference on May 27.

Cai Lixin, vice-chairperson of Guangxi Zhuang autonomous region, said that the Guangxi FTZ is located at the hub of China and ASEAN. Since its establishment in 2019, it has continued to make institutional innovations. The number of newly established enterprises has exceeded 60,000, which is 17 times that before its establishment.

She added that Guangxi is seizing the opportunities brought by the implementation of the RCEP, building the New International Land-Sea Trade Corridor, and promoting the high-quality development of the Guangxi FTZ.

Wang Jiaxun, president of the Chinese Enterprises Association in Japan, was hired as the ambassador to promote the investment of the Guangxi FTZ. He said that openness and cooperation are keys to promoting economic recovery after the COVID-19 pandemic, adding that he will actively promote the cooperation between the Guangxi FTZ and Japan in the future.