Page 13 - The South China Business Journal
P. 13

C OVER STORY



                                                                      uangpu District, home to the Guangzhou
                                                                  HDevelopment District (GDD), stands as one of
                                                                  China's most dynamic investment destinations,
                                                                  combining cutting-edge innovation, Fortune 500
                                                                  corporate hubs, transparent governance, and
                                                                  exceptional livability. With over 200 Fortune 500
                                                                  companies operating within GDD alone, Huangpu
                                                                  offers unparalleled opportunities for businesses,
                                                                  investors, and families alike.

                                                                  01    Fortune 500 Powerhouse: Global
                                                                        Corporations Choose Huangpu


                                                                  The Guangzhou Development District (GDD) serves
                                                                  as the crown jewel of Huangpu's economy, hosting:


                                                                  390+

                                                                  multinational corporations


                                                                  200+

                                                                  Fortune 500 enterprises with regional HQs, R&D
                                                                  centers, and manufacturing bases
                                                                  Major Fortune 500 Companies in GDD Include:

                                                                  • Amway – Global health & wellness leader
                                                                  with its China headquarters in Huangpu;

                                                                  • P&G (Procter & Gamble) – Operates one of its
                                                                  largest global R&D centers in GDD;

                                                                  • LG Display – Advanced OLED technology
                                                                  manufacturing hub;

 Why Invest in Huangpu   ODavid Perdue was o昀케cially sworn        • Honda – Automotive innovation and
                 n May 7, 2025, former U.S. Senator
                                                                  production base;
            in as the United States Ambassador to
            the People’s Republic of China, following             • Bayer & BASF – Pharmaceutical and chemical
                                                                  industry giants;
            his con昀椀rmation by the U.S. Senate. The
 District, Guangzhou:   swearing-in ceremony took place at the    • 3M & Hitachi – Materials science and industrial
            White House and was presided over by
            President Donald Trump. Below is an                   technology leaders;
            excerpt from the ceremony transcript,                 These corporations bene昀椀t from GDD's preferential
 A Premier Global Business   highlighting key                     policies, including:
                              remarks made during the
            event.
                                                                  • 15% corporate tax rate for high-tech enterprises
                                                                  (vs standard 25%);
 and Lifestyle Hub                                                • R&D subsidies up to 50 million RMB for key projects;


                                                                  • Streamlined approvals through GDD's one-stop
                                                                  business service center;
 By Dr.Harley Seyedin, President and Chairman of AmCham South China






 9    AMCHAM SOUTH CHINA                                                                  SOUTH CHINA BUSINESS JOURNAL    10
                                          HUANGPU
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