Guangdong Provincial Governor Wang Weizhong said at a press conference on the theme of "Promoting High-Quality Development" Guangdong invested 460 billion yuan in R&D last year, accounting for 3.39% of GDP. In the first two months of this year, 2,982 new foreign-funded enterprises were established in Guangdongs.

350 of the world’s top 500 companies have Many are located in Guang dong, he said. The utilization of foreign investment has stabilized at more than 20 billion US dollars for nine consecutive years.