[Voiceover] The Guangxi Pilot Free Trade Zone in southern China is attracting foreign investments and driving local economic development. The zone is connected to the Greater Bay Area and is working to leverage its geographic location to attract business with southeast Asian countries. But big investments have already been playing out. Firms like U.S. chemical producer Albermarle who are expanding their battery-grade lithium hydroxide project in the zone because they're optimistic about its unique location and industrial chain advantages. [Soundbite] Zhu Zhongqiu, general manager, Guangxi Albemarle Lithium Co., Ltd.: "To meet our production and operational needs, we have recently increased our registered capital by 160 million U.S. dollars for technological upgrades. Currently, we are implementing a technical transformation project to enable flexible conversion between lithium hydroxide and lithium carbonate production, with the first phase scheduled for completion and trial operation by the end of 2025." [Voiceover] The FTZ has also rolled out a plan to stabilize foreign investment by focusing foreign capital inflows into competitive industries like new energy vehicles. Data shows that in the first eight months of the year, the free trade zone saw nearly 314 million U.S. dollars in foreign direct investment, nearly triple the figure from the same period last year. [Restrictions: No access Chinese mainland]