Country for PR: China
Contributor: Xinhua News Agency
Friday, December 09 2022 - 14:20
AsiaNet
Shenzhen Holds 2022 Global Investment Promotion Conference to Build a Magnet for International Investors
SHENZHEN, China, Dec. 9, 2022 /Xinhua-AsiaNet/--

Shenzhen welcomes outstanding investors from all over the world. The 2022 
Shenzhen Global Investment Promotion Conference will be held in Shenzhen, China 
on December 9. A number of major projects in the fields of information 
technology, artificial intelligence, biotechnology, new energy, new materials, 
high-end equipment, and environment protection will be signed to contracts.

With the theme 'Spur Opening Vitality, Gather Innovation Momentum -- Invest in 
Shenzhen, Build a Winning Future', the conference will award certificates to 
outstanding introduced businesses, multinational corporate headquarters, and 
investment consultants. The conference demonstrates Shenzhen's determination to 
promote a high level of openness and present its top business environment, 
according to the Commerce Bureau of Shenzhen Municipality.

Shenzhen's appeal to investors has not only been shown in China, but also 
worldwide. There have been 16 sessions of the 2022 Shenzhen Global Investment 
Promotion Conference held in 16 cities worldwide, including New York, Detroit, 
Paris, Dublin, Tokyo, Sydney, Brisbane, Johannesburg, Moscow, etc. Through 
online investment and online signing, Shenzhen has deeply connected with global 
investors, invited overseas businesses and talent to invest and set up 
companies in Shenzhen. 

The session in Rio de Janeiro received nearly 100 attendees, including Tian 
Min, the Chinese Consul General to Rio de Janeiro, Eduardo Paes, the Mayor of 
Rio de Janeiro, Li Ke, the Executive Vice President of BYD, and representatives 
of well-known local trades, technology companies, and trade associations. 
Participants have expressed their hopes that Brazilian and Shenzhen businesses 
will conduct further exchanges and benefit from each other's strengths, 
continue to explore new grounds for cooperation, and promote the in-depth 
development of China-Brazil economic and trade relations. 

The Shenzhen Global Investment Promotion Conference has been held for three 
years with more than 600 projects signed to contracts involving a total 
intended investment of over 2 trillion yuan. The conference has become a major 
representation of Shenzhen's achievements of high-level opening up, 
high-quality economic and social development, and a world-class business 
environment. The conference is a major investment platform for gathering global 
investors and a major exchange platform for investment promotion. 

An optimal business environment has made Shenzhen a popular destination for 
global investors. From January to October 2022, the actual use of FDI in 
Shenzhen was nearly 10 billion USD, and foreign investor confidence has been 
strengthened. Up until now, a total of over 170 countries and regions have 
invested in Shenzhen.

Mr. Siddharth Chatterjee, the UN Resident Coordinator in China, stated, "The 
experience of Shenzhen, as a hub for investment and being ranked as a top city 
of Chinese mainland for overall economic competitiveness by the Chinese Academy 
of Social Sciences, can serve as an example both for other cities within China 
that seek to attract more foreign investment, and for cities and countries 
around the world."

Source: The Commerce Bureau of Shenzhen Municipality