Japanese company Grand Tech recently announced to make additions to its existing investment in Shenzhen, with a view to putting in place a world-class equipment manufacturing base in 3 to 5 years' time.

Grand Tech said by introducing the strategy of moderate heavy industry proportion in the city's industrial portfolio, Shenzhen has created huge space for its development. As a result, it was now directing greater attention to the city.

Japanese companies have been the second largest investors in Shenzhen, next to Hong Kong. 470 companies from Japan invested over 4 billion USD. Almost all Japan's Top 500 companies have set up presence in Shenzhen and have reaped favorable returns from their investment in the city. 

Editor: Yan