Tianhe district has secured a major achievement in opening-up and attracting investment in the headquarters economy.

On July 28, a premium commercial and office land parcel in the startup zone of Guangzhou International Finance City was awarded to Guangzhou Yufeng Holdings. The land transaction reached a total value of 2.83 billion yuan ($419.32 million), including 1.8 billion yuan of overseas capital from Singapore, Hong Kong of China and other regions, accounting for 60 percent of the total. The project registers the highest share of foreign investment among schemes in Tianhe's core areas in recent years. 

Premium commercial and office land plots are available in the startup zone. [Photo/WeChat account: tianhefabu]

This marks a milestone for Tianhe in targeted investment attraction for industrial land, cultivation of the cross-border headquarters economy and high-level opening-up, helping pool high-quality global resources and expand clusters of foreign-related headquarters in Guangzhou International Finance City.

The landmark project to be launched will be the first headquarters-oriented urban complex in the Guangdong-Hong Kong-Macao Greater Bay Area dedicated to boosting all-round economic and trade cooperation between China and Africa covering energy trade, fund investment, technological industries and more. It boasts a distinctive strategic positioning and clear industrial orientation.

The project has planned total investment of 8 billion yuan. The enterprise will locate its group's global headquarters in the core zone of Guangzhou International Finance City and set clear industrial development targets. It aims to generate cumulative operating revenue of at least 66 billion yuan for Tianhe between 2026 and 2031, continuously fueling high-quality regional economic development.

The project operator is a leading Chinese private enterprise with over a decade of experience operating in African markets under the Belt and Road Initiative. It maintains intensive layouts focusing on core sectors including African oil and gas resources and key strategic minerals. Its oilfield investment projects in Africa are national-level key Belt and Road industrial capacity cooperation projects supported by authorities.

In the first half of 2026, the net absorption of commercial and office properties in Guangzhou International Finance City accounted for 64 percent of Guangzhou's total. The area ranks first in the city in terms of industrial attraction capacity and market vitality, maintaining its leading position.