Guangxi attracts investment from transnational enterprises

A meeting to attract investments from prestigious transnational enterprises is held on Nov 21 at two venues in Beijing and Nanning. [Photo/China News Service]

A meeting to attract investments from prestigious transnational enterprises was held on Nov 21 at two venues in Beijing and Nanning, capital of Guangxi Zhuang autonomous region.

Representatives of Fortune Global 500 enterprises like ConocoPhillips of the United States, Anglo American of the United Kingdom, and Swiss Re Group of Switzerland attended the event, as well as those from industrial leading enterprises like ALB and Alcon.

Guangxi officials gave an overview on the construction of the New International Land-Sea Trade Corridor, local energy development plans, as well as the overall status and preferential policies of the China (Guangxi) Pilot Free Trade Zone during the event. 

Wei Ran, chairman of the China Council for the Promotion of International Trade Guangxi Committee, said that Guangxi is looking forward to sharing new development opportunities brought by opening-up and that the region's foreign trade with ASEAN countries has achieved an average annual growth of 16.4 percent in the past decade.