Luohu unveils new measures to bolster high-quality economic growth with financial support
On Oct. 17, Luohu District introduced a set of 10 new measures aimed at strengthening financial support for high-quality economic development. These measures focus on enhancing services for the real economy, encouraging financial innovation, and supporting the growth of specialized financial services. They specifically target banking, insurance, capital markets, and financial innovation services, introducing a series of incremental policies to provide local businesses with more extensive and convenient financial support.
At the launch event, Luohu also unveiled its "Insurance Innovative Development & Reform Plan," which outlined efforts to reduce social risks, empower the real economy, guarantee public services, and promote cross-border innovation between Shenzhen and Hong Kong.
In today's market, insurance is evolving beyond its traditional role of providing economic compensation. It now plays a more dynamic role in reducing risks through multi-dimensional, in-depth services, meeting diversified insurance needs in key areas such as costs cut and efficiency improvement, technological innovation, low-altitude economy, and shipping services. By meeting these needs, insurance has become a vital force in building a "safe harbor" throughout the industrial chains.
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