Guangzhou's Nansha district has been ranked 12th out of 218 national economic development zones - four places higher than in 2019 - officials from the Ministry of Commerce announced at a press conference on Jan 27.
Nansha's GDP in the first three quarters of the year reached 1.29 trillion yuan ($19.3 trillion), with a year-on-year increase of 4.2 percent, ranking first in Guangzhou among all districts in terms of growth rate.
Nansha Development Zone has been honored as one of the top 10 industrial parks in establishing an international business environment.
Nansha Bonded Port Area has gained approval from the State Council to become Nansha Comprehensive Bonded Zone after integrated optimization.
Nansha ranked first among all free trade zones in China in terms of its investment facilitation for the first time in the past five years.
The Nansha financial work bureau introduced the district's green financial development during a conference on July 23.
A three-year action plan on deepening the reform of the local business environment in Guangzhou's Nansha district was released during a press conference on April 16.
Experts, scholars, and entrepreneurs from Guangdong, Hong Kong, and Macao gathered in Guangzhou's Nansha district to carry out deep discussions in the cohesion of regulations in three areas.