Guangzhou holds high-quality overseas enterprise forum and multiple parties sign cooperation memorandum
On October 25, the “Forum on Global Expansion and High-Quality Outbound Development for Enterprises” was held in Nansha, Guangzhou.
During the event, the Nansha Comprehensive Service Center for Chinese Enterprises Going Global (referred to as the “Going Global Center”) signed a Memorandum of Cooperation with KPMG’s Greater Bay Area Strategy and Development Center and HSBC’s Guangzhou branch. This agreement aims to support the establishment of a comprehensive service base for Chinese enterprises venturing abroad.
Attendees included officials from government departments in the Guangdong-Hong Kong-Macao Greater Bay Area, as well as CEOs and leaders from finance, taxation, and strategic departments of various enterprises.
Sun Yong, a member of the Nansha District Committee and Director of the Publicity Department, emphasized that Nansha will continue to embrace an open and collaborative approach. The district aims to integrate resources from the Greater Bay Area effectively and collaborate with global partners to develop a comprehensive service base for Chinese enterprises going global. The goal is to accelerate the creation of an internationally top-notch platform for cross-border investment and financing, supporting Chinese companies in their quest for high-quality international development.
Peng Fuqiang, managing partner at KPMG’s Greater Bay Area Strategy and Development Center and a member of the Guangdong Provincial Political Consultative Conference, highlighted the positive outcomes that the memorandum will bring. He noted that in the future, they will collaborate with the Going Global Center to provide a range of relevant information for businesses, including financial, tax, and business environment insights.
A representative from the Going Global Center stated that the center will continue to attract resources from various sectors to improve the ecosystem supporting enterprises’ outbound ventures, thus promoting high-quality international expansion.
Xiao Geng, Professor of Practice in Economics and Vice Dean at the School of Public Policy at The Chinese University of Hong Kong (Shenzhen), and a member of the policy group for the Chief Executive of the Hong Kong Special Administrative Region, remarked on Nansha’s strategic location in the golden corridor among the world-class cities of Guangzhou, Shenzhen, and Hong Kong. He noted that during the Greater Bay Area’s transformation, Nansha has the potential to leverage its strengths in collaboration with neighboring cities, creating a synergistic effect where 1+1 is greater than 2.
