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Annual production of ejiao, a lucrative product, has totaled 5,000 metric tons in recent years, using 4 million donkey hides.

Apart from a large number of bronze items, nearly 1,000 painted vessels were also unearthed at the site.

Another reason luring more investors entering the market is that crude oil futures listing may be just around the corner, after several years of preparation, Zhan said.

Another southern Chinese city expected to be a major beneficiary of the GBA is Guangzhou in Guangdong province, which has seen its ranking at ninth in terms of investment and 13th in development prospects this year.

Ann Le Cam told Xinhua that, "Our winning formula is simple: everyone under one roof, open communication, and freedom to innovate."