Luohu, Shanghai hold investment promotion conference
Four Shenzhen municipal state-owned enterprises held an investment promotion conference in Shanghai on Feb. 29, aiming to offer cooperation opportunities between enterprises in the two places in fields like investment, financing, technological innovation, and trade.
"Luohu's first-class business environment and high-quality financial development are instrumental to each other." Xu Xuebin, deputy secretary of the CPC Committee of Shenzhen HTI Group Co. , said. He noted that the group officially moved to Luohu in August 2019, and the district guided the fund company to increase capital for the group's financing guarantee subsidiary by 2 billion yuan (about $277.9 million) in the same year. As of now, the group has provided more than 1.16 trillion yuan (about $161.2 billion) of financial support to more than 86,000 enterprises.
In recent days, a promotion delegation, led by Luohu District leadership and composed of multiple industrial departments, has been actively engaging in investment promotion and visited nearly 110 enterprises across Beijing, Shanghai, Suzhou, Hangzhou and other cities, covering diverse sectors such as finance, livestreaming economy, artificial intelligence, and cultural tourism integration.
In recent years, Luohu District has continued to increase its efforts to benefit and support enterprises, providing full-lifecycle services, encompassing spatial support, financial assistance, talent cultivation, and sideline services. These measures aim to foster a favorable environment for enterprises investing in and establishing in the district.
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