It is learned from the Zhongshan Bureau of Commerce that in the first half of this year, 269 foreign direct investment (FDI) projects were approved (including new projects and projects for capital increase and production expansion), with Hong Kong-invested projects accounting for over 90%.

The much-anticipated cultural tourism eco-city project in Tsuihang New District yielded substantial progress in late June. The project will be jointly developed and constructed by international entertainment giant Melco International Development Limited and listed companies on the main board of Hong Kong, with a total investment of 10 billion yuan. It will be built into a large-scale cultural tourism ecological complex integrating theme parks, five-star hotels, premium apartments and residential communities in the southern part of the start-up area of Tsuihang New District. It is projected to attract foreign investment of over US$150 million.

Chung Yuk Man, executive director of Melco International, said that Zhongshan is a hub city in GBA, boasting a favorable geographical position. Located at the west starting point of the Shenzhen-Zhongshan Bridge, this project can radiate not only the west bank of the Pearl River, but also the north and the east banks. In the future, people from Guangzhou, Zhuhai and Bao'an District of Shenzhen can reach the project site in half an hour.

Statistics from the Zhongshan Bureau of Commerce show that more than 70% of investors of the 4,000 foreign-invested enterprises in Zhongshan are from Hong Kong, China.