Guangzhou wins UN sustainable development award

Updated: Nov 13, 2019 By Li Wenfang in Guangzhou chinadaily.com.cn Print

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Chen Yong, deputy director of the administrative committee of Guangzhou Development District, accepts the investment promotion award from Yury Ambrazevich, ambassador and permanent representative of Belarus to the United Nations in Geneva. [Photo provided to chinadaily.com.cn]

The representative of Guangzhou Development District (GDD) received the award from the United Nations in Geneva on Monday for its excellence in promoting sustainable investment.

GDD is one of three winners worldwide and the only Chinese winner of the award this year, which recognizes its success in the General Electric-invested biotech park and its promotion of international investment, according to GDD administrative committee.

Since 2002, the United Nations Conference on Trade and Development has presented the award for sustainable investment to 58 organizations from 46 countries. Sustainability covers fields such as health, poverty reduction, employment and environmental protection.

The biotech park, which includes the mission of low-cost manufacturing of anti-cancer pharmaceuticals, is seen as benefiting global sustainable development of human health.

A number of international pharmaceutical companies have invested in the park, which is jointly built by GE Healthcare China and GDD.

A national-level economic and technological development zone, GDD has drawn more than 60,000 companies, including over 170 invested by the world's top 500 firms.