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Sichuan Service Industry Booms in Guangdong-Hong Kong-Macao Greater Bay Area
Updated:2020.10.28

  On October 26, the Sichuan-Guangdong-Hong Kong-Macao Greater Bay Area Modern Service Industry Cooperation and Exchange Matchmaking Conference was held in Guangzhou. Since the Sichuan Service Development Conference, this is the first time that leaders from the Provincial People's Government of Sichuan Province have led a team to carry out modern service industry project introduction activities in other provinces. It was also the second event since the establishment of the Sichuan-Guangdong-Hong Kong-Macao Greater Bay Area competitive industry cooperation and exchange docking mechanism.

  This event introduced a total of 100 major projects related to "4+6" modern service industry in Sichuan, with a total investment of 591.64 billion yuan, of which 72 came from four pillar service industries, including commercial trade, modern logistics, financial services, recreation & sports and tourism. The investment demand reached 479.35 billion yuan, accounting for 81%. There are 28 emerging service industry projects, including science and technology information services, business exhibition services, human resources services, Sichuan-style catering services, medical and health care services, and community services, with an investment demand of 112.29 billion yuan, accounting for 19%.

  More than 70 modern service industry enterprises (commerce chambers and associations) from the Guangdong-Hong Kong-Macao Greater Bay Area participated in the conference, bringing in 16 projects with specific investment plans, with a planned total investment of over 200 billion yuan. For example, OCT Group plans to invest an additional 100 billion yuan in Sichuan, mainly investing in the construction of cultural tourism projects in the Chengdu Eastern New District; KWG Group plans to invest 50 billion yuan in building up Tianfu International Financial Center in Chengdu Eastern New Area, comprehensive development and supporting infrastructure construction projects in Shuangliu District; Hong Kong Causeway Bay Group plans to invest in high-end commercial, cultural and tourism projects, with a total investment of about 30 billion yuan.

  The responsible person from the Sichuan Provincial Bureau of Economic Cooperation said that as of now, Sichuan had held more than 20 docking activities for different countries, regions and industries this year. In the first three quarters, there were 2,320 service industry projects that had been fulfilled, with a domestic fund of 391.503 billion yuan in place, accounting for 44.41%.

  Vice governor Li Yunze attended and addressed the conference.


 
 
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