The long-anticipated Foshan Liaison Office of Victwo was officially inaugurated on October 24, 2023. Prior to the inauguration ceremony, we, along with Tri-Pal Consultancy, our long-standing partner who has been deeply entrenched in Foshan's foreign trade market for years, visited local foreign trade associations and export-oriented enterprises, engaging in productive discussions with select companies with a keen interest in expanding their clientele and investments abroad.
Foshan, renowned for its robust manufacturing capabilities, is committed to elevating itself to the stature of “Foshan Smart Manufacturing.” Foshan boasts a wide array of flourishing industrial clusters and has earned the well-deserved accolade, 'Where There's a Home, There's Foshan-Made.'
“A myriad of technology companies and innovative enterprises in Foshan are currently strategizing their foray into international markets, harboring heightened expectations in various aspects such as international positioning, local market research, and implementation. The establishment of this liaison office will effectively assist local businesses in collectively pushing into and exploring the vast international markets,” said Mr. Edward Yang, founder of Victwo.
Mr. Huo Jianming, head of Victwo’s Foshan Liaison Office, divulged the secret to complementary advantages, stressing that Victwo has meticulously cultivated its expertise in overseas expansion and investment and amassed high-end international resources. He also added that the integration of Victwo’s successful model implemented in East China and Fujian province with the robust manufacturing and technology-driven business clusters in the Pearl River Delta will spawn limitless opportunities.
Foshan, renowned as the hometown of the legendary martial artist Bruce Lee, is strategically located in the heart of the Pearl River Delta. Adjacent to Guangzhou and in proximity to Shenzhen, Hong Kong, and Macau, Foshan serves as a pivotal city in the Greater Bay Area, the western economic and trade hub of the Pearl River Delta region, and a comprehensive transportation hub. Together with Guangzhou, it stands as one of the three major anchors of the Guangdong-Hong Kong-Macau Greater Bay Area.
Having achieved a regional GDP of RMB 1,269.84 billion in 2022, Foshan is the 17th city in China and the 3rd city in Guangdong Province with an economic output exceeding RMB 1 trillion.
Foshan is at the forefront of advancing high-quality manufacturing and has progressively developed a comprehensive and well-equipped modern industrial ecosystem. It boasts the fifth-largest industrial scale in China and stands as the sole comprehensive reform pilot city for the transformation and upgrading of the manufacturing industry. Foshan's manufacturing industry, with a firm foothold in traditional sectors, encompasses a wide array of sectors such as machinery and equipment, household appliances, furniture, ceramics, building materials, food and beverages, etc. Furthermore, emerging sectors such as robotics, new energy, new materials, electronic information, and healthcare are flourishing. Foshan is home to over 9,400 large-scale industrial enterprises, with 90 companies ranking among Guangdong's top 500 manufacturing enterprises, the highest in the province. Foshan hosts eight industrial clusters with an output exceeding RMB 100 billion, leading the way in establishing the advanced equipment manufacturing industrial belt on the west bank of the Pearl River and the Greater Guangdong Fuel Cell Vehicle Application City Cluster. It is also at the forefront of building hydrogen energy industry cluster nationwide. Additionally, the city is home to Guangzhou-Foshan-Huizhou Ultra HD Video and Smart Home Appliance Industrial Cluster, Guangzhou-Shenzhen-Foshan-Dongguan Intelligent Equipment Industrial Cluster, and Foshan-Dongguan Home-Decor Industrial Cluster, all of which have been recognized as national advanced manufacturing clusters.
