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"Guangzhou has a huge market full of opportunities and potential," said Luo Zheng, an official at the Guangzhou commission of commerce.

"Globalization exists in a political context. In the 19th century, it largely took place within European empires. In the 20th century, it took place through US-backed international institutions, and in the 21st century, it may exist within China-centered institutions such as the BRI," he said.

"Financing for developers has become increasingly difficult in the domestic market due to the tight policies enacted to prevent systematic risks," said Li Xiaoxiao, an analyst with Tongce Real Estate Research, a realty information and consultancy services provider.

"Gaining such honors are repayment and confidence of what I have been doing for my people, and I am overwhelmed with such great honors," she said.

"Fundamentals of China's long-term economic development and its competitive advantage in attracting foreign capital have not changed," said Zong, adding that most of the multinational firms are confident about prospects in the country and have not altered their investment strategy.