Island district rolls out red carpet for investors  By Mu Wen (China Daily)  Updated: 2006-07-18 15:05  
An ever-improving investment climate is expected to turn Guangzhou's Haizhu 
District into a hot spot for investors from home and abroad.
  Located at 
the very centre of Guangzhou city, Haizhu District covers an area of 90.45 
square kilometres and has a total population of 1.36 million. Surrounded by the 
Pearl River, Haizhu District with its beautiful scenery and mild climate has 
long been enjoying the reputation of "a bright pearl of the sea."
  "Red 
carpets have been rolled out for investors from both home and abroad," said the 
district government.
  The district has mapped out its ambitious 
development strategy during the 11th Five-Year Plan (2006-10) - to establish a 
"colourful Haizhu" featuring a strong educational foundation, a rich cultural 
heritage, advanced high technology, a sound ecological environment and an 
admirable business atmosphere.
  According to the district blueprint set 
for the 11th Five-Year Plan, the average annual growth rate of output value will 
reach 10 per cent, while the average annual growth of local fiscal revenue will 
reach 7 per cent.
  The district government pledged to perfect the 
district's investment environment, ranging from offering sound infrastructure 
facilities to improving administrative efficiency. 
  And building an 
environmentally friendly city is on top of the district's development agenda, 
the government said. 
  Being a central island district of Guangzhou city, 
Haizhu enjoys unique geographic advantages and sound transportation facilities. 
As the gateway of Guangzhou to the Pearl River Delta, it has a sound 
transportation network of 14 bridges over the Pearl River, several expressways 
linking to other districts of Guangzhou, and metro lines.   Thanks to a 
well-developed education system, Haizhu boasts abundant human resources of 
various levels. There are 46 institutions of higher education, such as Sun 
Yat-Sen University, Guangdong University of Business Studies and Guangzhou 
Academy of Art.   Haizhu combines both the hustle and bustle of an 
urban city with the tranquillity of the countryside. The river-island ecological 
system featuring "a river, river branches, forests and parks" makes Haizhu a 
modernized urban ecological district suitable for residence and 
commerce.
  With a long history of more than 2,000 years, the district 
boasts a rich cultural heritage. The relic of Huangpu Ancient Port in the 
district was the departure port for the "Silk Road at Sea" in ancient times. 
  As part of the preparations for the ongoing visit of the Swedish 
merchant ship Gotheborg, the Huangpu Ancient Port has been renovated, and a 
cultural tourism district is expected to be developed around the port. 
  Before 1864, Huangpu was the port where all foreign merchant ships 
visiting Guangzhou anchored. And between 1739 and 1745, the famous Swedish ship 
Gotheborg visited Guangzhou three times and was anchored at this 
port.   (For more biz stories, please visit Industry Updates)  
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