Country for PR: China
Contributor: Xinhua News Agency
Thursday, December 19 2019 - 21:16
Shenzhen signs projects worth RMB 560 billion as it promotes investment globally
SHENZHEN, China, Dec. 19, 2019 /Xinhua-AsiaNet/--

Shenzhen Global Investment Promotion Conference 2019, hosted by the People's 
Government of Shenzhen and organized by such government entities as the 
Development and Reform Commission of Shenzhen Municipality, was held in the 
southern Chinese city on December 18 local time. It was joined by more than 600 
guests, including representatives of foreign embassies and consulates in China, 
officials of Shenzhen's sister cities, representatives of Fortune Global 500 
companies and large multinationals. The event will enable Shenzhen to give a 
boost to its development of strategic emerging industries and its lead in 
establishing an advanced, quality, modern system of high-tech industries.

During the event, the strategies and policies to develop Shenzhen's industries 
were unveiled, 30 square kilometers of industrial land promoted and the 
realities of the city's business environment expounded. Beyond that, the 
conference saw the signing of 128 projects worth over 560 billion yuan 
combined. Deputy Secretary of the CPC Guangdong Provincial Committee and 
Secretary of the CPC Shenzhen Municipal Committee, Wang Weizhong, and Mayor of 
Shenzhen, Chen Rugui, were present and delivered speeches.

In the released strategies and policies, Shenzhen is set to grasp the 
opportunities brought by the building of the Guangdong-Hong Kong-Macao Greater 
Bay Area and the pilot demonstration area of socialism with Chinese 
characteristics and step up efforts to implement the innovation-driven 
development strategy for its quality growth. The universal policy support was 
put in place to ensure such innovation entities as enterprises, scientific 
research institutes and universities to have a better development. A new raft 
of industrial policies for biomedicine, integrated circuit, 5G-based 
communications, and other emerging and frontier fields were launched to gain an 
edge in the future. Additionally, Shenzhen will carry out the national program 
for emerging industrial clusters of strategic importance by fostering a host of 
industrial aggregates.

A total area of 30 square kilometers was promoted to grow industries, part of 
the city's strategic industrial plan demonstrated on the same day. The 
industrial land is comprised of designated plots in 36 areas located in the 
districts and the management committee-managed new districts including Futian, 
Nanshan, Guangming and the Shenzhen-Shanwei Special Cooperation Zone, etc. 
Enterprises embracing Shenzhen's future development plan will be given 
sufficient space for growth, favorable policies, and strong industrial support.

Source: Development and Reform Commission of Shenzhen Municipality

Image Attachments Links:


   Caption: Wang Weizhong, Deputy Secretary of the CPC Guangdong Provincial 
Committee and Secretary of the CPC Shenzhen Municipal Committee gave a speech 
at the Conference which also saw the signing ceremony of investment projects.


   Caption: Shenzhen, a window of China's reform and opening up, is also a 
leading player in high-quality development, an example of law-based governance, 
a model of urban civilization, a good example of people's livelihood and 
happiness and a pioneer in sustainable development. The beautiful city awaits 
your coming with a sound business environment and the 30 square kilometers of 
industrial land promoted on the Conference.