The state sector of the economy is the important sustentation of the Guangzhou economy and society development. At present, there are about 2000 state-owned enterprises totally (including state control share, it is the same hereinafter referred to), with the total amount of assets is approximately 3300 hundred million. The state sector of the economy has reached to the district production value accounting for sixty percent of the total value of the city. The state-owned enterprises have centralized the substantial resources on the important fields and industries such as mechanism, automobile and accessory, petroleum and chemical industry, energy sources and transportation, medicine, metal and smelt, commerce and goods transportation. The substantial resources that the state-owned enterprises have centralized are the main power to sustain the city’s industry development. Through many years’ innovation and development, a number of state-owned enterprises not only have effectively developed itself economy scale, but also have effectively leaded the foreign investment economy to be harmony development. Guangzhou automobile group has become the biggest enterprise in Guangzhou. It ranks number eight in five hundred strongest engine industries in China The sales volume of the single brand of Zhujiang Beer has been the number one in China. The sales volume of the Zhujiang Piano has ascended to the number one in the world. The scale and the beneficial result of the medicine group have listed number one in Chine.
State-owned enterprises are the best organization for the investment the foreign businessman invests in Guangzhou. The innovation and open to the outside world has made Guangzhou foster a number of state-owned enterprises that have sound system, excellent talents, perfect management, advanced technology and normative operation. They have become the important organizations that Guangzhou utilizes the foreign capital, and they are the best choice for the foreign businessman investing in Guangzhou. It is widely known that Guangzhou Honda Automobile, Guangzhou Hitachi Elevator, Panasonics Wanbao Air-Conditioner and other famous enterprises are multinational companies and successful paragons that was cooperated with the state-owned enterprises in Guangzhou. Those enterprises have developed rapidly in Guangzhou, which not only effectively led the rapid development of the Guangzhou economy, but also brought foreign investor enormous investment revenue.
Fascinating Guangzhou, unlimited Business Opportunities Recently, the Guangzhou government, a seeking trueness and reality government, brought forward the projects that to further increase foreign capital investment strength, to introduce strategic investor to cooperate with the state-owned enterprises in a joint venture as a main form for the state-owned enterprises to be transferring into state-owned stock enterprises. Guangzhou state-owned capital committee, as a Guangzhou state-owned capital representative, will continually seek the oversea strategic investors to carry the cooperation in joint venture, to develop the business together. We introduce more than 30 projects this time, and we will introduce more projects in the future. We believe that the joint venture enterprises home and abroad will gain the huge development in Guangzhou and have nice development outlook. We welcome friends in all circles to further develop the cooperation fields with Guangzhou state-owned enterprises. We will be cooperating hand in hand; sharing the fruits we gain, creating the business new resplendent!