On February 8, Zhou Yawei, member of the Standing Committee of the CPC Guangzhou Committee, secretary of the CPC Huangpu District Committee, secretary of the Party Working Committee of GDD and director of GDD’s Administrative Committee, met with related people in charge of LG Display. Chen Jianrong, secretary general of GDD’s Administrative Committee, and Sun Xuewei, deputy director of GDD’s Administrative Committee, attended the meeting. Zhou highly praised LG Display for its progress in the development of the project with capital increase. He hoped that both sides will make joint efforts to develop a milestone project that will lead the development of the panel display industry and promote a stronger development of the panel display industry base. He expressed his sincere appreciations to LG for the recognition of the development environment of the district and the contributions to the economic development of the district.
It was learnt that, the new-generation information technology industry is a strategic emerging industry under priority development of the district. Its output value accounts for one third of the total industrial output value of the district. Especially, the panel display industry has a rapid development, and LG Display plays a leading role in this field. So far, a new-type display industry base with output value of nearly RMB100 billion and integrated functions for research and development, production and marketing has taken shape.
Source: Translated from Invest Guangzhou, February 10, 2017