Enterprises based in southern China's Guangdong Province have accelerated their steps in going global since the Belt and Road Initiative was proposed in 2013, China Economic Net reports.

Guangdong Province has topped all Chinese provincial-level regions in terms of foreign investment for almost ten years.

Statistics show that up until now, a total of 1,655 Guangdong-headquartered companies have opened their businesses overseas.45 percent of these companies have made investments in countries along the Belt and Road routes, with the total investment amount increasing by around 120 percent from 2014.

In 2016, Guangdong's trade with Belt and Road countries and regions rose by 6.5 percent year-on-year, and its actual investment in relevant countries went up by 65.3 percent.

Hu Jinmu, director of Guangdong Provincial Office of the State Administration of Taxation, said that more local companies are tapping overseas markets with the development of economic globalization.