Greater Bay Area

Guangdong promotes overseas sovereign funds to invest in Guangdong

2025-03-25   

On the 24th, the reporter learned from the Department of Commerce of Guangdong Province that the newly issued "Several Measures to Promote Overseas Sovereign Funds to Invest in Guangdong Province" (hereinafter referred to as the "Several Measures") proposes 9 specific measures, innovates the "Overseas Sovereign Funds+Investment Promotion" model, and promotes overseas sovereign funds to continue to increase their green space investment and equity investment in key areas such as strategic emerging industries and future industries in Guangdong Province. Liu Dezeng, Deputy Director of Guangdong Provincial Investment Promotion Bureau, introduced that the current global industrial chain restructuring is accelerating, and attracting overseas sovereign funds will help enhance Guangdong's initiative in global resource allocation. Overseas sovereign funds usually focus on long-term value investments and tend to invest in early, small, hard technology, and green low-carbon industries, which is highly compatible with the development of strategic emerging industries such as digital economy, low altitude economy, and artificial intelligence in Guangdong Province. The Measures further clarify the guidance of sovereign funds to areas that are deeply aligned with national strategies and Guangdong's advantages, forming a two-way empowerment of capital and industry. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:People's Daily

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