Business · Economy · 11 hrs ago
Guangxi Moves to Make Business Easier for Domestic and Foreign Firms
Guangxi in southern China is working to make business easier for local and foreign companies.
The regional government says it is improving investment, trade, payments, travel and logistics to connect domestic and international markets.
The effort includes aligning rules with the Regional Comprehensive Economic Partnership, a trade agreement involving countries in the Asia-Pacific region.
In the first three quarters, 96 companies from ASEAN countries were newly established in Guangxi, up 12.9% from a year earlier.
Guangxi also shortened the time to apply for work-related residence permits from 15 working days to seven, while more than 10 million people crossed its ports.
Port trade value reached 1.34 trillion yuan, up 21% year on year, and the Pinglu Canal opened to navigation in September.
Guangxi says it will keep removing barriers to business and make it easier for resources and companies to move across markets.
Guangxi is expanding measures to make business easier for domestic and foreign firms as it builds a market hub serving both domestic and international economic circulation.
The regional government says it is improving convenience in investment, trade, consumption, capital flows, travel and logistics.
In the first three quarters, ASEAN countries saw 96 new foreign-invested enterprises established in Guangxi, up 12.9% year on year.
Guangxi handled US$17 billion in cross-border trade and investment foreign-exchange business in the first three quarters, up 49.8%.
The region says it will continue removing obstacles to business and improving the movement and allocation of resources.
- Who
- The Guangxi regional government, including the Guangxi Development and Reform Commission.
- What
- Guangxi is improving business services and convenience across investment, trade, consumption, capital flows, travel and logistics.
- When
- The measures and reported results cover 2026; figures cited are for the first three quarters.
- Where
- Guangxi, China.
- Why
- To make the region a convenient market hub linking domestic and international economic circulation.
This story does not have two clearly opposing sides.
Guangxi began a demonstration initiative to develop a convenient market hub serving domestic and international circulation.
The Pinglu Canal began operating.
ASEAN countries established 96 new foreign-invested enterprises in Guangxi, up 12.9% year on year.
Guangxi officials outlined measures and results at a press conference in Nanning.
- New ASEAN-invested firms
- 96 in the first three quarters of 2026; up 12.9% year on year
- Cross-border foreign-exchange business
- US$17 billion in the first three quarters of 2026; up 49.8%
- Port entry and exit passengers
- More than 10 million in the first three quarters of 2026
- Port customs clearance value
- 1.34 trillion yuan in the first three quarters of 2026; up 21%
- Work-related residence permit processing
- Reduced from 15 working days to 7 working days
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What people are saying
Guangxi will focus on removing institutional obstacles that affect the convenience of market operations