Tianhe boasts daily average of 367 new enterprises registered

en.thnet.gov.cn Updated: February 22, 2023

The Guangzhou high-quality development media research activity was launched on Feb 20 at the Guangzhou International Commercial Center (Guangzhou ICC) in Tianhe district.

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High-rise buildings tower over Tianhe. [Photo/Nanfang Plus]

Exemplifying the super first-rate office buildings in the Tianhe central business district (CBD), the Guangzhou ICC has achieved comprehensive 5G and wifi coverage, simulated a scenario-based office, as well as created an intelligent cloud office mode.

"We have introduced 103 enterprises since the Guangzhou ICC was put into operation in 2021," said Liang Yandan, assistant to the general manager of the northern Tianhe division of Yuexiu Property.

"Among them, 12 were invested in by Fortune Global 500 companies, and the amount of leading industrial enterprises and unicorns accounted for 75 percent of the total," Liang added.

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Dynamic Tianhe district at night. [Photo/Nanfang Plus]

The good business environment in Tianhe has contributed to the district's high-quality development. "Last year, the number of enterprises established in Tianhe was 82,524, ranking first in Guangzhou," said Li Yiming, head of the registration division 1 of the Tianhe bureau of government service data administration.

As of Feb 20, Tianhe had 10,280 new enterprises this year, including 5,137 that were established in February, with the daily average of new enterprises reaching 367.

"New business registrations in Tianhe have almost doubled since February compared with the same period last year," Li said. "This shows that enterprises come to Tianhe and feel that there is a good business environment."

"We opened the company in Tianhe in 2011, and hence have obvious feelings about changes in Tianhe's investment and business environment," said Tan Qian, head of Guangzhou Tianhe Investment Consulting Co. "It used to be fast to get a license within a week, but now people can apply online in the morning and receive a text message in the afternoon to get the business license. It's really quick to start a business here."