7月10日上午，东莞举办跨国公司交流会，向来自三星、雀巢、毕马威、梅塞尔、松下等世界500强、跨国公司中国总部、重点外资企业，及德国、韩国、美国、日本、瑞士等驻华机构的约100名重点嘉宾，推介东莞营商环境及发展商机，促进经贸交流合作。
On July 10, Dongguan hosted the Dongguan and Multinational Corporations Cooperation Conference. Approximately 100 distinguished guests attended, including representatives from world-renowned Fortune 500 companies such as Samsung, Nestlé, Siemens, Walmart, DuPont, KPMG, Messer Group, AstraZeneca, and Panasonic, as well as officials from the consulates of Germany, South Korea, the United States, Japan, and Switzerland.During the event, 11 foreign investment projects were signed, with a total investment amounting to 13.08 billion RMB (approximately USD 1.8 billion). This influx of investment highlights Dongguan's continued appeal as a prime destination for foreign direct investment (FDI), bolstered by the city's proactive investment policies, favorable business environment, and promising development opportunities.Dongguan has always been one of the most active regions in China for open economic policies. Over the past 40 years, the city has established economic and trade relations with over 200 countries and regions, attracting 13,800 foreign enterprises, including investments from 86 Fortune 500 companies. Notable examples include Samsung, Nexperia, and Luxottica, which have all achieved remarkable success in Dongguan, making it one of the best investment destinations for multinational corporations in China. As a city with a GDP exceeding one trillion RMB and a population over ten million, Dongguan boasts a vast consumer market with over 1.7 million market entities. In 2023, Dongguan's import and export volume reached 1.28 trillion RMB, ranking in the top five cities nationwide for 29 consecutive years.Multinational corporations, with their global perspectives and strong capabilities, are crucial for leading openness, innovation, and future development. While these companies initially invested in Dongguan for its labor costs and raw materials, they now value the city's comprehensive industrial and innovation ecosystems, as well as its high-quality human resources. This requires local governments to align their support for scientific research, industrial support, and other areas with international standards.To support the growth of multinational corporations, Dongguan has introduced a series of supportive policies and measures. The city has established a 200 billion RMB high-quality development fund and released 12,000 acres of industrial land for global enterprises. Additionally, Dongguan offers a range of incentives, including up to 100 million RMB for foreign investment projects, 150 million RMB for strategic scientist teams, and 6 million RMB for housing subsidies for top talent. The city also conducts "100 Foreign Enterprises Visit" initiatives, offers green channels for project approvals, and provides quarterly platforms for direct communication between businesses and government officials. Otherwise, the city also establish a whole chain project follow-up service mechanism to guarantee the implementation of projects.Furthermore, Dongguan announced at the conference that it can tailor its support policies to meet the specific needs of multinational companies. "Whether it's land space or investment matching, efficiency in implementation, or financial incentives, Dongguan will strive to do even better," stated Xing Wenju, Deputy Mayor of Dongguan.
The American Chamber of Commerce in South China, an independent, non-partisan, non-profit business organization with over 2,300 members, highlighted Dongguan as a top investment destination. "Our studies continue to show that Dongguan has been one of the top investment destinations by our over 2,300 American and international member companies. The city boasts a business-friendly environment with an efficient government system, streamlined regulations, supportive policies, and a skilled workforce ready to drive growth and innovation," said Dr. Harley Seyedin, Chairman of AmCham South China. "I have every reason to believe that Dongguan will be another window to China for American companies."
Dr. Werner Hickel, COO Asia of Messer Group, expressed confidence in the company's development in Dongguan. "We realized that in Dongguan, there's a lot of support from the government. Dongguan was a good opportunity for us to expand our business." He revealed that Messer Group is currently establishing a new project in Dongguan, with Phase I already completed and Phase II underway, which will double their production capacity.After more than 40 years of reform and opening up, Dongguan has developed an open, inclusive, market-oriented, rule-of-law, and international business environment. The city has been recognized as the "Best Investment City for Multinational Companies" and one of "China's Most Promising Cities." Dongguan has been listed as a "New First-tier City" for eight consecutive years, with its business-government relationship health index ranking first among prefecture-level cities in China for four consecutive years.
Written and posted by Ashley
