Guangdong to Seek Foreign Advice on Economic Development

South China's Guangdong Province will hold an international meeting during which foreign experts will be invited to give advice on the province's economic development.

Sources from the organizing committee said that the International Consulting Meeting on Guangdong Province's Economic Development will be held in Guangzhou, the provincial capital of Guangdong, November 15-16. It is the second such meeting that has been sponsored by the province.

According to local sources, 16 advisers will attend the meeting, including Maurice R. Greenbery, Chairman of American International Group, Richard A. McGinn, Chairman of Lucent Technologies, and Pieter Knook, vice president of Microsoft Company.

The meeting will focus on exploring ways to realize modernization in Guangdong. Advisers will discuss how to set up a venture investment mechanisms, development of information industries, countermeasures to enable manufacturers to make investments, and opportunities and challenges Guangdong will face in its logistics after China's accession into the World Trade Organization (WTO).

Eight resolutions reached from suggestions made by advisers attending the first such meeting held last year are currently being implemented, including promoting e-commerce and the petrochemical industry, and the establishment of a Sino-foreign investment fund on a trial basis.



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