China is planning to develop Nansha District in the southern city of Guangzhou into a comprehensive services hub aimed at facilitating the global expansion of Chinese companies.
As part of the country’s “go global” strategy, Nansha will strengthen the connections between China’s advantageous productive forces and the countries or regions participating in the Belt and Road Initiative, Ministry of Commerce official Zuo Xianghua said at a press conference. While offering world-class services to Chinese firms that are going global, the district will provide support in areas such as administrative services, customized tax policies for citizens of Hong Kong and Macao, and business licensing, according to Zuo.—Xinhua
