Tang Zongwei, deputy secretary of the Liangjiang New Area Party committee. [Photo provided to Chinadaily.com.cn]

The annual sessions of the National People's Congress and Chinese People's Political Consultative Conference National Committee opened on March 3, kicking-off the two most important weeks on China's political calendar.

Tang Zongwei, deputy secretary of the Liangjiang New Area Party committee, was interviewed by China Daily during the annual two sessions.

According to Tang, Liangjiang - as a national new area - has become more attractive to foreign investment. More than 100 Fortune 500 companies, including Coca-Cola, General Electric and Fujitsu, have chosen Liangjiang as their investment and location destination.

Between 2010 and 2014, Liangjiang utilized 15.75 billion yuan ($2.51 billion) of foreign capital. In 2014, Liangjiang set a new record in the amount of foreign capital utilized per annum, as it totaled $4.47 billion last year, seeing a 40.90 percent increase.

Liangjiang is expected to analyze the new trend and new characteristics of international capital flow and grasp the opportunity of international world economic structural adjustment.

"Liangjiang New Area will try to attract more famous international corporations; especially Fortune 500 companies,"said Tang.

In addition Liangjiang will make efforts to construct a friendly environment for foreign businesses and improve innovation in policy making. Meanwhile, Liangjiang will build an open platform to support foreign companies by introducing an advanced technology and management approach. Liangjiang will also further improve its service to foreign enterprises.

Edited by Jacob Hooson