City invites global investors to seek 'historic opportunities'

Attendees take a group photo at the opening ceremony of the 2019 Shenzhen Global Investment Promotion Conference yesterday. Sun Yuchen

Shenzhen is welcoming outstanding enterprises and entrepreneurs from home and abroad to make investments and set up businesses by offering historic opportunities presented by its key role in the Guangdong-Hong Kong-Macao Greater Bay Area and its endeavor to build itself into a pilot demonstration area of socialism with Chinese characteristics.

Shenzhen Party chief Wang Weizhong delivered the invitation at the opening ceremony of the 2019 Shenzhen Global Investment Promotion Conference at the Wuzhou Guest House in Futian District yesterday. Shenzhen Mayor Chen Rugui also attended the conference.

The event gathered nearly 600 guests, including officials from ministries, consular representatives in China, officials from Shenzhen’s international friendship cities, top technology companies and well-known investment institutions.

Hosted by the Shenzhen government and organized by the Shenzhen Development and Reform Commission, the conference, themed “New Beginning, New Height — Leading Industry and Sharing Opportunity,” the conference witnessed a total of 128 major investment projects being signed on-site with a total investment of 560 billion yuan (US$80 billion).

The conference also introduced Shenzhen’s 30-square-kilometer land lots that are seeking global investors for industrial development and its corresponding supporting policies to investors and enterprises from around the world.

Wang said in order to further support enterprises’ growth and to help them thrive, Shenzhen will continue to put enterprises first and offer them targeted services. Shenzhen will create a first-class business environment that is stable, equitable, transparent and predictable by implementing the most stringent laws and regulations to protect intellectual property rights and to safeguard the legitimate rights and interests of enterprises and entrepreneurs in all sectors.

Wang said Shenzhen will see to it that all of the preferential policies provided by the Greater Bay Area are fully implemented.

The city will bring enterprises tangible benefits by continuously improving industrial policies, cutting taxes and administrative fees, and making greater efforts to improve the quality and increase the efficiency of land use.

He promised that any quality project, as long as it suits Shenzhen’s industrial orientation and meets the city’s needs for quality development, is welcome to be launched here.

The conference also focused on Shenzhen’s global image, business environment, industrial development strategies, policies and land planning. Industrial policies covering such key sectors as bio-pharmaceuticals, new-type displays, integrated circuits and 5G were introduced.

Additionally, Shenzhen is seeking global investors for the industrial development of 36 land parcels covering a total of 30 square kilometers.

At the conference, KPMG and JD.com Inc. introduced Shenzhen’s business environment and shared their success stories in Shenzhen as well as their visions for future development.

The Shenzhen Municipal Government signed cooperation agreements with Siemens (China), Shanghai Fosun High Technology (Group) Co. Ltd., Wu Mart Technology Group and Run Shi Hua New Energy Holdings.

District and new area governments, and the administration committee of the Shenshan Special Cooperation Zone also signed agreements with companies. Attendees take a group photo at the opening ceremony of the 2019 Shenzhen Global Investment Promotion Conference yesterday.