By the end of March, the Pearl River Delta city of Jiangmen signed a total of 12 investment projects valued at more than 29.6 billion yuan ($4.42 billion) with companies from Hong Kong and Macao special administrative regions (SAR) in two separate investment and trade fairs held in the two Chinese SARs respectively.

The projects involve agricultural processing, science and technology, automobiles, new energy, logistics, medical instruments and equipment, as well as the culture and tourism industries, which will play an important role in Jiangmen's economic construction.

Additionally, relevant departments, organizations, and companies from Jiangmen also signed a series of cooperative agreements with their Hong Kong and Macao counterparts to deepen cooperation and exchanges in culture, tourism, sports, and related industries in the years to come.

Liu Yi, deputy Party secretary and mayor of Jiangmen, said construction of the Guangdong-Hong Kong-Macao Greater Bay Area has created a myriad of business opportunities in Jiangmen, which is home to more than 4 million overseas Chinese who are now living in more than 120 nations and regions around the world.

"The city government welcomes more investors from Hong Kong and Macao to settle their production facilities in Jiangmen in the following years," he said.

Liu promised to further improve the city's investment environment to entice investors from around the world to contribute to the city's economic construction.

He urged investors and business people from Jiangmen, Hong Kong, and Macao to seize the unique opportunities created by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, as well as to work tirelessly to expand cooperation and exchanges in the near future.

"Jiangmen is expecting to be able to further expand cooperation with Hong Kong and Macao in the particular fields of science and technology, agriculture, tourism, culture, and education in the months ahead," he said.

Liu added that investors and businessmen from Hong Kong and Macao have played a big part in Jiangmen's economic development in recent years.

By the end of last year, Jiangmen had registered a total of 6,765 Hong Kong-funded companies, representing 71 percent of the city's total.

Jiangmen had attracted an actual investment of $11.09 billion from Hong Kong by the end of 2018, accounting for 58.3 percent of the city's total.

And in 2018, Jiangmen had a trade volume of 22.79 billion yuan with Hong Kong, representing 15.5 percent of the city's total.

By the end of March, Jiangmen signed a total of 12 investment projects valued at more than 29.6 billion yuan with companies from Hong Kong and Macao special administrative regions in two separate investment and trade fairs held in the two Chinese special administrative regions respectively. [Photo provided to chinadaily.com.cn]