The past four decades of reform and opening-up have seen the city of Dongguan, known for its prosperous manufacturing industry, make great efforts to step out of its comfort zone and expand its reach. Now, it aims to be an innovation hothouse.Advertorial
Sitting in the Pearl River Delta, the city of Dongguan in Guangdong province has become a magnet for ambitious young entrepreneurs to set up businesses, said Mo Haotang, founder of the World Dongguan Entrepreneurs Convention, which ran from Dec 13 to 14.
The World Dongguan Entrepreneurs Convention, has established itself as a platform for local companies to collaborate and share their best practices in doing businesses.
The World Dongguan Entrepreneurs Convention has been making great strides in uniting local entrepreneurs and helping them to establish their brands.
Dongguan entrepreneurs are bringing new economic vitality to the city through innovation, as it strives to upgrade from a manufacturing hub to an intelligent manufacturing center.
Dongguan enterprises should embrace capital and technology more actively and make different developments from Shenzhen and Guangzhou, industry experts said on Wednesday.
Thirteen Dongguan businesspeople were awarded the prize of "outstanding Dongguan entrepreneurs" on Thursday during the 2016 World Dongguan Entrepreneurs Convention.
China's opening-up has boosted the economic and urban development of Dongguan due to its proximity to and close kinship with Hong Kong, making it a hot spot for private businesses.
The organizer of the World Dongguan Entrepreneurs Convention has added a capital summit and private equity fund to the proceedings.
Pearl River Delta boomtown, Dongguan, in South China's Guangdong province will host the biennial World Dongguan Entrepreneurs Convention from Sept 7 to 8.
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