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"By creating a business and innovation-friendly climate, Guangzhou is attracting advanced economic elements," said Ni Pengfei, director of the City Competitiveness Research Center at the Chinese Academy of Social Sciences. "Guangzhou's influence and international popularity are increasing tremendously."

"China is no longer betting on exports to drive up the economy, cultivating new growth points in technology upgrades, stimulation to domestic consumption and adequate investments in fast-growing sectors in global investment destinations－they have all become indispensable parts for the country to boost its economy," said Wang Huiyao, president of the Center for China and Globalization.

"China does not wish to see the further escalation of tension in the region," he said.

"Chaoyang was Beijing's industrial manufacturing base for electronics, petrochemicals, textiles and automotives. Those factories covered a total area of 3 million square meters," Liu said. "Plenty of space is available for new industries after moving the factories out."

"By the end of this year, we plan to finish establishing remote monitoring systems in major hazardous enterprises. We will also speed up automation of those industries and blacklist violators of safety regulations," he said.