On January 4, Baiyun District in Guangzhou successfully auctioned off the city’s first residential land parcel of the year. Plot AB1208028, located in the Future Industry Innovation Core Area of Taihe Town, Baiyun District, was acquired by Guangzhou Haiyao Investment and Development Co., Ltd. The plot is located in the core area of the Guangzhou Private Technology Park, a national-level high-tech zone, approximately 500 meters from Exit C of Taihe Station on Metro Line 14. Centered on the functional定位 of developing manufacturing headquarters and specialized supporting services, this area will be developed into a future industry and technology CBD. (Guangzhou Daily)