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Huangpu unveils 30 policies to foster business, economic growth

Updated : 2023-09-08

Guangzhou's Huangpu district recently rolled out a set of 30 policies aimed at optimizing the business environment in the region. This is set to bolster the confidence of market entities and propel high-quality economic growth. 

In the hopes of encouraging companies to expand and strengthen, these initiatives place a firm emphasis on enterprise establishment, regulations, and quality enhancement.

According to the latest statistics, as of the end of July, the number of market entities in Huangpu reached 237,600, marking a year-on-year increase of 10.75 percent. Additionally, there has been an 88.27 percent surge in newly registered entities when compared with the same period last year.

The new policies encompass a wide array of measures, including fostering a new model of synergized regulations in the biopharmaceutical sector, cultivating a robust industry for beauty and health products, and supporting innovation in the medical equipment manufacturing sector. 

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