Shenzhen signs projects worth RMB 560 billion as it promotes investment globally

SHENZHEN, China, Dec 20 (Bernama-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.

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