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China's Shenzhen proves investor hotspot with over 300 deals inked

Shenzhen, a southern Chinese coastal city and high-tech hub, saw 315 projects inked at a conference on Friday, as the metropolis strives to boost global investor confidence in its future development.

The deals with a total investment of 879 billion yuan (about 126.31 billion U.S. dollars) were reached at the 2022 Shenzhen Global Investment Promotion Conference.

The event featured a series of activities, including 12 regional investment promotion conferences and a number of overseas parallel sessions and industrial investment promotion activities.

The projects signed at the conference cover the fields of new-generation electronic information, biomedicine and health, as well as the green and low-carbon industry and the marine industry.

From 2019 to 2021, more than 600 projects were inked at the Shenzhen Global Investment Promotion Conference, involving over 2 trillion yuan of intended investment.

As a frontrunner of China's high-tech industrial development, Shenzhen boasts a host of Chinese startups and tech heavyweights.

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