There are 64 companies in Guangdong among the top 500 companies in China. Why are companies in Guangdong developing so fast?

Because when my country first started its reform and opening up, it was in Shenzhen, Guangdong. After so many years of development, Guangdong's economy has made great progress and attracted many companies to develop in Guangdong.

1. Guangdong is the forefront of my country’s reform and opening up. At the end of the last century, my country carried out reform and opening up. At that time, the forefront of my country's reform and opening up was in Shenzhen, Guangdong. Later, this also created sufficient conditions for other provinces in Guangdong to attract foreign investment. I think this is why Guangdong now has so many One of the reasons for being a Fortune 500 company is that it started reforming and opening up early, attracted more foreign investment, and became more competitive.

2. After Guangdong’s reform and opening up, it attracted a large number of enterprises to invest. After the reform and opening up, Guangdong has attracted a large number of foreign investment. As the frontier of my country's reform and opening up, Guangdong's economy has developed very rapidly in these years, and the more the economy develops, the more obvious the advantages of attracting foreign investment. In addition, many outsiders work. They will choose Guangdong, so Guangdong also has the advantage of labor force. In this way, under the influence of various advantageous conditions in Guangdong, foreign-funded enterprises in Guangdong are also developing rapidly.

3. Guangdong has a good geographical location and is supported by national and local government policies. Guangdong is a coastal area in my country and is very close to Shanghai and other places. After the development of these areas in Shanghai is saturated, foreign-funded enterprises will begin to migrate to Guangdong, because Guangdong is the closest place to Shanghai, and the local government has strict regulations on migrating enterprises. With policy support, Guangdong has quickly become the most ideal area for companies to relocate. However, with the economic development of inland areas in recent years, many companies have moved from Guangdong to the mainland. Otherwise, I think the top 500 companies in Guangdong will be even more many.

To sum up, the main reason for the rapid development of enterprises in Guangdong is that Guangdong's reform and opening up has brought opportunities for the development of enterprises. Secondly, Guangdong is closer to big cities such as Shanghai, has a better geographical location, and government policies. The support has caused many enterprises to develop in Guangdong.