Guangzhou Sending Invitation for Fortune Global Forum in Boao Forum for Asia Annual Conference

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Vice Mayor of Guangzhou Cai Chaolin said, Guangzhou has intensified efforts in developing three strategic emerging industries, namely Information Technology, Artificial Intelligence and Biological Medicine. Guangzhou has been promoting the transformation and upgrading from "Made in Guangzhou" to "Intelligent Manufacturing in Guangzhou" and "Created in Guangzhou". Relying on Guangzhou's High-tech Zone, Sino-Singapore Knowledge City, Tianhe Intelligent Business District and other innovation platforms, Guangzhou has accumulated elements of global high-end innovation, in order to build an international industrial innovation center for entrepreneurship and a base for emerging industries.

At present, the effect of Guangzhou becoming a core node of global innovation network has been preliminarily revealed. Foxconn's Generation 10.5 Display Ecological Industrial Park was inaugurated on March 1, 2017, with a total investment value of RMB 61 billion, which is the largest single investment of advanced manufacturing project since the reform and opening up of Guangzhou. With industrial park project settling down, the upstream and downstream industrial chain and affiliated parties are expected to invest in Guangzhou, in order to build new display industrial clusters worth trillions. International Biological Park invested by America's General Electric (GE) has settled in Guangzhou Development District. With a total investment value of RMB 2.2 billion, BeiGene Biological Medicine Project with the first KUBioTM modular biological pharmaceutical factory was launched on March 21, 2017. In the future, biopharmaceutical companies with strong investment strength, huge development pot  ential and high level of innovation are expected to increasingly gather in Guangzhou.

In the symposium, enterprises' principles from varies industries said, Guangzhou has a superb business and ecological environment, with reasonable operating costs and industrial supporting systems. Guangzhou enjoys a huge market, remarkable development vitality, combined with a clear development vision and promising prospects. Fortune Global Forum is held in Guangzhou, which reflects the city's attractiveness and influence, enterprises' principles further expressed the willingness to continue to strengthen exchanges and cooperation with Guangzhou.

"I have been to Guangzhou twice, and I am thrilled by the innovative ecosystem that Guangzhou is striving to build," said Yossi Vardi, co-chairman of Israeli Digital Life Design. Guangzhou currently has made great achievements, gathering a number of small companies in the innovation ecosystem. Those companies support and help each other, share contents including information and market changes while maintaining their own characteristics, together creating an innovative ecosystem full of vibrant opportunities.

Du Lan, Vice President of IFLYTEK said, with a healthy commercial history, Guangzhou enjoys solid foundations and many respectable partners. For example, Pazhou Internet Cluster District is a strong strategy presented by Guangzhou municipal government. The whole industrial sector will gather here, with upstream and downstream industrial chains, where enterprises will utilize shared mutually beneficial technologies from pooled resources, and will attract high quality talent. Du hoped that artificial intelligence will gather and further develop here in the future.

SOURCE Guangzhou Municipal Government