The municipal government of the southern Chinese city of Guangzhou released a work report on Nov 3, revealing that the city will be able to make 300,000 new energy vehicles annually by 2020 with an output value of 100 billion yuan ($15 billion).
E-commerce enterprises such as Jingdong, Vipshop, Tmall, Suning have settled in Nansha Free Trade Zone of Guangzhou, forming a cross-border e-commerce industry cluster.
Nansha district of Guangzhou signed a cooperation agreement with facial-recognition technology giant Cloudwalk on Nov 1 to found an artificial intelligence (AI) visual image innovation and research center.
Huangpu district in the southern Chinese city of Guangzhou, signed an investment contract with chip giant Guangdong Gowin Semiconductor Corp (Gowin), in Shanghai on Oct 26.
A special seminar on strategies for developing the hydrogen energy industry was held in Huangpu district in Guangzhou from Oct 27 to 28, with participation from representatives of enterprises and research institutes from both China and Germany.
A total of 43 projects with investment value surpassing 70 billion yuan ($11.6 billion) announced to settle down or start construction in Guangzhou airport economic demonstration zone on Oct 25.
Guangzhou Development District (GDD) signed a cooperation agreement on Oct 25 with internet company CASICloud, a subsidiary of China Aerospace Science and Industry Corporation (CASIC).
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