Huangpu tallies $1.3b in foreign investment in H1

Guangzhou's Huangpu district brought in 48 foreign-funded enterprises and an actual foreign investment of $1.3 billion in the first half of this year.

The district is now home to 2,948 foreign-funded enterprises, accounting for 2.96 percent of its total number of enterprises.

The local taxation authority has carried out deferred tax policies to boost confidence in investing foreign capital in Huangpu.

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