Shenzhen, China (ots/PRNewswire) – A report from Shenzhen Daily:
A total of 40 companies from mainland China, Hong Kong, and other countries and regions will invest 86.6 billion yuan ($ 13.56 billion) in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, as will the participants in the Qianhai Investment Promotion Conference 2021 on November 19th.
Among the 40 investment projects are 16 from Fortune Global 500 companies and four from Einhorn companies. The total investment of two major projects exceeds 10 billion yuan each, and that of 16 other projects each exceeds 1 billion yuan.
After more than 10 years of development, Qianhai has become a new hotspot for global investors, with new opportunities emerging from the new development plan published by the central authorities two months ago. In the first three quarters of this year, actual foreign capital employed in Qianhai rose 9.5 percent, reaching a record level of $ 3.744 billion. That figure corresponds to 49.36 percent of Shenzhen and 2.9 percent of the country, which shows the area’s developing power.
Zeng Pai, a member of the Standing Committee of the CCP City Committee in Shenzhen, Secretary of the CCP District Committee in Nanshan, and Director of the Qianhai Authority, said at the conference that Qianhai is the best place for business to grow and prosper since that Benefit from multiple national development strategies, including the Special Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the Pilot Demonstration Zone for Socialism with Chinese Features, the Free Trade Zone and the Shenzhen-Hong Kong Cooperation Zone.
“Businesses and entrepreneurs have always been the main driving force behind Qianhai’s high-quality development. Qianhai also offers the greatest opportunity to help companies set sail and travel further afield. We sincerely invite entrepreneurs to invest in Qianhai, to work and live to partake of the significant development dividend of the region’s next golden decade, “said Zeng.
Huang Xiaopeng, deputy director of the Qianhai Authority, explained the benefits of Qianhai’s investment environment in 10 points.
A branch of the conference was also set up in Hong Kong, attended by 150 people from eight local business associations.
Chung Wai-keung, deputy director of the Hong Kong SAR government’s bureau for innovation and technology, said via videoconference at the office that Qianhai is one of the three major cooperative development platforms in the GBA and a gateway for Hong Kong to integrate with the overall development of the country.
“The establishment of the GBA has brought valuable development opportunities for Hong Kong’s innovation and technology, which also offers young Hong Kong young people a wide development space. The Hong Kong SAR government will do its best to promote the innovative development of Shenzhen and Hong Kong, more Provide support in the form of R&D resources, finance and talent, and bring more talent to the two places, “he said.
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