Province still prime investment destination

South China's Guangdong province remained a prime destination for foreign investment in the first two months of the year, indicating that global enterprises continue to have a positive outlook on the province and the Guangdong-Hong Kong-Macao Greater Bay Area.

Despite geopolitics and tariff frictions between the United States and major economies around the world, Guangdong, a global production base, attracted 3,484 new foreign-funded enterprises with an actual foreign investment of 23.31 billion yuan ($3.2 billion) in the two months ending February, up 16.8 percent and 5.9 percent year-on-year, respectively, said a senior provincial commerce official.

Zhu Xiaojun, deputy director of the Guangdong Provincial Department of Commerce, said Guangdong's foreign investment growth outperforms the national average and major peers at home, demonstrating the province's strong foreign investment attraction and economic vitality.