Forty-four projects with a total investment of over 90 billion yuan (US$14 billion) were signed at 2021 Guangming Investment Promotion Conference held yesterday at Guangming Cloud Valley’s International Convention Center.
About 150 people, including government officials, company representatives and reporters attended the event.
Cai Ying, Party chief and head of the Guangming District Government, said in her opening speech that Guangming is innovative, progressive, diverse and prosperous, and she warmly welcomed investors to the district. “I believe Guangming will become a new platform for your career and business development,” she told investors.
Ten industrial zones were introduced, six industrial experts and nine investment promotion partners were endorsed at the conference.
Located in northwest Shenzhen, Guangming is the city’s youngest district. Its number of permanent residents rose by nearly 130 percent in a decade to 1 million in 2020. It aims to build a world-class science city and is one of Shenzhen’s fastest developing areas.
“The most important reason for our investment in Guangming is its location. It’s at the core of the Greater Bay Area, where the industrial chains are complete. It has great potential, too. So, we choose Guangming without any hesitation,” said Xiong Jianshen, vice president of Beijing Bitland Group, adding that the company will invest 1 billion yuan and put its R&D headquarters in the district.
Biocreatech (Shenzhen) Co. Ltd. was established by a group of returning overseas students from Australia in 2019. “We came to Guangming because the company plans to develop in the synthetic biology field. We know Guangming will build large infrastructures, which will be very important tools for us. Meanwhile, Guangming’s industrial policies are also very attractive,” said Li Huazhen, the company’s CTO.
He said the company would put its headquarters in Guangming and hopes to achieve an output of 300 million yuan to 500 million yuan in three to five years.