Close Menu
    Facebook X (Twitter) Instagram
    BusinessNews.phBusinessNews.ph
    Subscribe
    • Top Stories
    • Business
    • Events / Conventions
    • National
    • Technology
    BusinessNews.phBusinessNews.ph
    Home » Shenzhen Global Investment Promotion Conference to be held December 8
    Events / Conventions

    Shenzhen Global Investment Promotion Conference to be held December 8

    By Marie JonesDecember 4, 2020Updated:December 5, 2020
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The 2020 Shenzhen Global Investment Promotion Conference is sponsored by the Shenzhen Municipal Government and undertaken by the Shenzhen Municipal Bureau of Commerce. It will officially start in Wuzhou Guest House on December 8th.

    Since the beginning of this year, Shenzhen has actively overcome the impact of COVID-19, improved the business environment and promoted the projects of domestic and foreign investment enterprises. Shenzhen also plans to consolidate its position as a target of foreign investment by providing an attractive package of incentive policies, including land, talents, industry, technology and business environment.

    “The conference is an extremely important platform to showcase the ambition of the city, a pilot demonstration area of socialism with Chinese characteristics, and to give further impetus to its trajectory,” commented a spokesman of the city’s Commerce Bureau.

    The conference, to be held annually, is bound to become a must-attend attraction for global investors seeking to tap into new opportunities arising from China’s reform and opening up.

    According to the official, despite the ongoing global COVID-19 pandemic, cyberspace has facilitated efforts which, after months of hard work, has resulted in a group of investment projects which will be signed on the site.

    The conference is attracting senior executives from around 300 companies and institutes, including 65 Fortune Global 500 companies.

    Besides the main venue in Shenzhen, parallel sessions in eight cities across five continents, including New York, London, Tokyo, and Sydney will be held, truly a testament to the impact Shenzhen has on the world stage.

    After 40-years of development, official figures continue to show the vanguard of China’s reform and opening-up remains one of the country’s top investment destinations with the city utilizing $7 billion foreign investment in the first 10 months of this year alone, up 7.58 percent from a year before.

    According to officials, the city’s already impressive investment environment will be even further improved.

    The Commerce Bureau is accelerating legislation on the promotion of foreign investment, which will offer better protect of legal rights and interests of foreign investors.

    Furthermore, according to the city’s Planning and Natural Resources Bureau, the city government will ensure ample supply of land space for industrial use and lower land costs for investors.

    And on top of even that, the city’s HR and Social Security Bureau tells us that overseas professionals in Shenzhen, who fall in to the categories of high-end talents and urgently needed talents, will be able to enjoy a subsidy on personal income tax equivalent to that in the neighboring Hong Kong SAR.

    Media Contact:
    Sherry Tang, swj@commerce.sz.gov.cn
    Commerce Bureau of Shenzhen Municipality

    Source:
    http://www.sz.gov.cn/cn/xxgk/zfxxgj/zwdt/content/post_8314390.html

    For the latest business and finance news in Asia - Business News Asia
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    PH Real Estate Seen Growing 5% Annually on Back of Infrastructure Boom

    July 2, 2025

    Philconstruct Visayas 2025 Showcases Innovation, Sustainability in Construction

    June 19, 2025

    Seven HKTDC mega events showcase Asia’s creative hub

    April 10, 2025
    Latest News

    Latest GA Autonomous Jet Demo Features Live Air-to-Air Engagement Capability

    July 18, 2025

    Belgian Aircrew Completes MQ-9B Training

    July 18, 2025

    A New Transatlantic Partnership for European CCA

    July 18, 2025

    IP Roundtable and International Publishing Forum held at Hong Kong Book Fair today

    July 18, 2025

    Cornerstone Robotics Signs MOU with NHG Health and NTU Singapore to Facilitate Accessibility of RAS to Patients in Singapore

    July 17, 2025

    BlackBerry Partners with EC-Council to Help Strengthen Malaysia’s Cybersecurity Workforce

    July 17, 2025

    “TOKIO Exciting Anime Workshop” Confirmed – Enjoy “Summer Festival at Anime Tokyo Station” This Summer Vacation

    July 17, 2025

    Global Sports Brand U.S. Polo Assn. Launches First Retail Store in Berlin, Germany

    July 17, 2025

    Hong Kong Book Fair, Sports and Leisure Expo and World of Snacks open today

    July 17, 2025

    International Land Alliance Unveils New Revenue Model Featuring 100 Rental Homes in Cabo Oasis

    July 16, 2025

    Doubleview Gold Corp Provides Comprehensive Update on Its Flagship Project – the Polymetallic Hat Deposit

    July 16, 2025

    Anime Tokyo Station: Mobile Suit Gundam GQuuuuuuX -Beginning- Special Exhibition – New Designs Added for Admission Bonus Illustration Cards

    July 16, 2025

    Formerra to Supply Foster Medical Compounds Across the Americas

    July 15, 2025

    U.S. Polo Assn. Celebrates Seventh Year Supporting the 2025 Outsourcing Inc. Royal Charity Polo Cup

    July 15, 2025

    AATec Medical and Northway Biotech Announce Partnership to Develop Industrial Production Process for ATL-105 Targeting Lung Disease

    July 15, 2025
    BusinessNews.ph
    • Home
    • Business News Asia
    • Cebu Lifestyle Channel
    • Property News
    • Events News Asia.com
    • Contact Us
    • Cebu Business News
    © 2025 All Rights Reserved | BusinessNews.ph

    Type above and press Enter to search. Press Esc to cancel.