GUANGZHOU – The effectiveness of business environment reforms is best judged by enterprises themselves. Since implementing the “Hundred-Thousand-Ten Thousand Project,” Yuexiu District has made optimizing the business climate its top priority, achieving notable progress through institutional innovations and a market-focused approach.
The district’s targeted measures have yielded significant recognition, including being named one of China’s Top 10 Business Environment Districts and a Demonstration Zone for Commercial Building Economy. These accomplishments demonstrate Yuexiu’s commitment to creating a business-friendly environment characterized by both efficiency and warmth.
1. Spatial Upgrades Create Fertile Ground for Industrial Growth
Yuexiu has activated underutilized land through innovative approaches, including formulating the district’s first compensation plan for collective land acquisition. Leveraging the Guangzhou Railway Station redevelopment opportunity, the district pioneered a “legal acquisition with clean land transfer” model, achieving breakthroughs in land approval processes.
The dynamic inventory for inefficient land redevelopment now covers 4.43 square kilometers. In the first three quarters of 2025, 10 projects including the Guangzhou Avenue redevelopment have commenced construction, with an overall initiation rate of 91%. These efforts have driven a 12.3% growth in fixed asset investment, maintaining double-digit growth for 23 consecutive months.
- Innovation Districts Shine: Through the “one street, one specialty” approach, Yuexiu has developed distinctive commercial buildings and innovation spaces like the Dongshankou Internet Information Industry Innovation Belt and “Mofa Space,” while expanding and upgrading Huanghuagang Technology Park. By October 2025, 26 street upgrade projects and 74 building enhancement initiatives had been completed, covering 1.3 million square meters.
- Priority Industries Strengthened: Anchored in biomedicine and health as core industries, Yuexiu is building the GBA Life Health Industry Innovation Zone. The district has established 16 specialized parks spanning over 700,000 square meters, including the country’s first CRO landmark operation center, attracting 200+ enterprises and 6 globally leading CRO companies. A dedicated industrial fund has helped scale-up enterprises grow to 760, with the sector’s value-added reaching 210.71 billion yuan in H1 2025, ranking second citywide.
2. Financial Services Provide Targeted Support
- Headquarters Cluster Development: Major institutions like Guofu Life Insurance and Yuecai Futures have established presence in the 2-square-kilometer financial headquarters zone centered around Haizhu Square-Changdi-Dongfeng Road. The district hosts 56 licensed financial institutions, contributing over 30,000 yuan per square meter in annual tax revenue.
- SME-Friendly Services: A network connecting 18 streets with 140 bank branches has facilitated credit approvals exceeding 63 billion yuan through simplified policy access and consultation services.
- Tech-Finance Integration: As a national pilot for industry-finance cooperation, Yuexiu has established a comprehensive support system providing loans, equity, guarantees, and subsidies to tech enterprises. The district has also created a patent pool of 2,000+ patents awaiting commercialization, facilitating over 8.4 billion yuan in intellectual property pledged financing since 2023.
3. Government Services Achieve E-commerce-like Efficiency
- Streamlined Market Access: The 3.0 version “Market Entity Express” enables full online processing for business establishment, modification, and cancellation, with 90% of registrations handled online and approvals completed within 0.5 workdays.
- Customized Services: A “1-on-1” service team mechanism covers 400+ key enterprises, while the “1+4+N” service matrix has addressed 5,817 enterprise requests in 2025 alone, with a 90% resolution rate.
- AI-Powered Assistance: The pioneering “AI + Credit Service” smart customer service provides 24/7 consultation, with a knowledge base covering 400+ policies across 17 pilot locations.
4. Protection Mechanisms Balance Supervision with Support
- Temperature in Regulation: The integrated “comprehensive inspection once” model combines oversight from multiple departments, while reducing inspections to a maximum of once annually for enterprises in the inclusive supervision database.
- One-Stop Credit Services: The “Credit Yuexiu” platform integrates 8.4 billion credit data records, serving 5,700+ users and assisting with 1,300+ administrative penalty information repairs.
Looking ahead, Yuexiu will continue deepening institutional reforms focused on its “1285” industrial core, building an industry-friendly, enterprise-friendly, and entrepreneur-friendly business environment to support high-quality development of modern industrial systems.
