For many years , Zengcheng District in Guangzhou has firmly focused on high-quality development as its top priority, vigorously promoting investment attraction, and striving to cultivate new growth drivers. As a result, it has established a modern industrial system supported by industrial clusters in next-generation information technology, automobiles and new energy vehicles, and the health industry.
Transitioning from a traditional “manufacturing-based economy” to a “high-tech economy,” Zengcheng District has continuously attracted high-tech enterprises to set up operations while consolidating the development of local traditional industries, using these key players to drive broader industrial transformation.
Recently, Guchuan United successfully facilitated the establishment of a leading foreign-invested personal care products company in Guangzhou’s Zengcheng District, where it is investing in the construction of a production and R&D base—a testament to the district’s strong capacity to attract industry.
Multiple Advantages in Place
Zengcheng Nurtures a Fertile Environment for Industrial Development
A rising tide along the Zengjiang River, a new hub of development. Located at a strategic node along the Guangzhou-Shenzhen-Hong Kong-Macao Science and Technology Innovation Corridor, Zengcheng District, Guangzhou, is just one hour away from major cities in the Guangdong-Hong Kong-Macao Greater Bay Area.
With fixed-asset investment exceeding 100 billion yuan for three consecutive years, and ranking first in the Pearl River Delta region for rural revitalization performance evaluations in both 2019 and 2020... it is evident that Zengcheng District has become a “hotspot for investment” with immense development potential within the Greater Bay Area.
In the first three quarters of 2021, Zengcheng District’s GDP reached 89.26 billion yuan, a year-on-year increase of 13.2%, ranking first in the city in terms of growth rate. With the continuous advancement of key construction projects within the district, fixed-asset investment in Zengcheng District reached 88.1 billion yuan in the first three quarters of this year, a year-on-year increase of 12.6%, and is expected to exceed 100 billion yuan for the full year.
Feeling the pulse of Zengcheng’s industrial development, the changes are clearly evident: high-level innovation resources are gathering momentum, the level and quality of industrial development are continuously improving, and industrial and value chains are beginning to move toward the mid-to-high end.
Today, the coordinated development of Zengcheng’s three primary sectors is maturing, with the “dual-engine drive” strategy of advanced manufacturing and modern services steadily advancing. The development philosophy of building the district through industry is deeply rooted in the hearts of Zengcheng’s people.
Leveraging Practical Experience
Facilitating Precise Government-Enterprise Collaboration for Mutual Benefit
Through collaborative development with the Guangzhou Economic and Technological Development Zone, Zengcheng District, located in eastern Guangzhou, has become an ideal location for manufacturing development, attracting the attention of an increasing number of foreign-invested enterprises.
Recently, GuChuan United successfully facilitated the establishment of a leading foreign-invested personal care products company in the area, injecting new vitality into the region’s economic development.
As the company continues to expand its operations in China, the construction of a production and R&D base has become urgent, making site selection a critical issue— given that its business involves exports, the requirements for transportation, labor, and other factors are extremely high. After careful consideration, the company chose to partner with GuChuan United.
Based on a deep understanding of the company’s needs, GuChuan United’s Pearl River Delta localization service team responded swiftly. They conducted on-site inspections of potential investment areas, carried out comprehensive research on location, transportation, production costs, and the business environment, and developed multiple investment proposals.
Leveraging Guichuan United’s scientific site selection decision-making model, and after round after round of screening and deliberation, both parties gradually narrowed their focus to Guangzhou City and further narrowed it down to Zengcheng District. Zengcheng District’s close ties to the Greater Bay Area, as well as its long-standing commitment to the clustered development of leading industries, were fully recognized by the company.
As a leading enterprise in a niche segment of the daily chemical industry, the company’s establishment will inject new momentum into the industrial clustering and development of Zengcheng District.
It is reported that Zengcheng District will fully commit to advancing its “industry-driven development” strategy, striving to upgrade the industrial foundation and modernize industrial chains—from vigorously attracting high-quality projects to building a highly efficient innovation ecosystem.
With 12 years of deep engagement in investment promotion , GuChuan United has consistently remained on the front lines, closely monitoring domestic and international industrial relocation trends. Comm itted to the new development paradigm of the dual circulation, the firm is dedicated to facilitating effective industrial relocation and cluster development, thereby contributing to the high-quality development of the regional economy.
