Page 78 - AmCham South China 2026 Special Report on the State of Business in South China
P. 78

Fig 6. The overall FDI inbound in Guangdong saw structural improvements in 2024 rather than large-scale
           expansions

























           Source: Statistics Bureau of Guangdong, EY analysis

           Nansha  district  issued  a  notice  to  optimize  the   with  specialized  fields,  including  intelligent
           business environment for foreign investment and    manufacturing,  humanoid  robots,  high-precision
           introduced 18 measures to expand its appeal,       control, international market competition and full
           particularly in key sectors such as services,      industrial chain layout. Looking ahead, Guangdong
           advanced manufacturing and biomedicine.            will  accelerate  AI  development  and  establish  a
                                                              contemporary  industrial framework.  In line  with
             From a consumption perspective, Guangdong        ambitious  national  goals,  the  province  plans  to
           rolled out a series of measures to stimulate the   boost its computing power to over 60 EFLOPS by
           economy and mitigate external uncertainties.       2027 . These advancements in computational
                                                                   16
           These include initiatives to attract overseas tourists   capabilities are crucial for fostering cutting-edge
           by offering distinctive itineraries, streamlined visa   AI R&D  and solidifying Guangdong¡¯s  role as a
           procedures, an appealing shopping environment,     central hub for AI innovation.
           expanded duty-free services  and various travel
           convenience measures. The province also aims
           to  foster  internationally  oriented  markets  in   Recent policies and reforms
           education, health care, tourism and exhibitions.
                                                                Proposal of the 15th Five-Year Plan
             Guangdong  ranks  first  in  China  in  the      (2026-2030) for Guangdong Economic
           number of specialized and innovative ¡°little       and Social Development     17
           giant¡± enterprises in AI . Shenzhen has built
                                  15
           ¡°ten major AI clusters¡±, while Guangzhou has         The proposal outlines tasks that emphasize
           cultivated  key  AI  hubs, including 19  research   building a modern industrial system, accelerating
           institutions and 12 industrial parks. Dongguan     industrial upgrading and deepening reforms.
           has  established  multiple  regional  AI  hubs  and   Scientific   and   technological   innovation   is
           Foshan  has  developed  a  layout  of  ¡°one  hub  +   positioned  as  the  main  driver  of  growth,  with
           multiple bases¡±, with the Sanlongwan Sci-Tech      local government instructed to align industry
           City serving  as the  GBA¡¯s AI manufacturing  hub.   development  more  closely  with  research  and
           To promote emerging industries, Guangdong¡¯s        innovation capacity.
           ¡°seven leading enterprises in robotics¡± have
           achieved deep  integration  of AI technologies     16  Government site of Guangdong, http://www.gd.gov.
                                                              cn/gdywdt/zwzt/kjzlzq/zcsd/content/post_4445551.html
           15  Nanfang metropolis daily, https://baijiahao.baidu.  17  Government site of Guangdong, https://www.
           com/s?id=1830268371100003965&wfr=spider&for=pc     gd.gov.cn/zzzq/gdyw/content/post_4809757.html

       78                                                                                                                                                                                                                              79
   73   74   75   76   77   78   79   80   81   82   83