Shenzhen secures 770 billion yuan investment to drive high-quality growth

The 2025 Shenzhen Global Investment Promotion Conference saw the signing of over 340 projects on Friday, with total investment exceeding 770 billion yuan (around 109 billion U.S. dollars).

Held in Shenzhen City, south China's Guangdong Province, under the theme "Connect the World with Openness, Pioneer the Future with Innovation," the conference featured one main venue event, seven themed investment promotion activities, and many investment inspection tours alongside overseas sub-venue events this year, attracting over 1,000 enterprises and institutions from more than 30 countries and regions, including over 300 Fortune Global 500 companies and multinational corporations.

Government departments of Shenzhen signed agreements with a group of prospective investors at the event.

The signed projects span several emerging industries, including electronic information technology, new materials, and biopharmaceuticals.

Shenzhen has emerged as a global hotspot for investment.

Data shows that to date, investors from 180 countries and regions worldwide have established operations in Shenzhen, with over 340 Fortune Global 500 companies having invested in the city.

From January to October of this year, Shenzhen experienced growth in actual use of foreign capital and saw the registration of over 10,000 new foreign-invested enterprises.

U.S. stocks ended higher on Wednesday.

The Dow Jones Industrial Average rose 224.23 points, or 0.48 percent, to 46,565.74. The S&P 500 added 46.8 points, or 0.72 percent, to 6,575.32. The Nasdaq Composite Index increased by 250.32 points, or 1.16 percent, to 21,840.95.

Eight of the 11 primary S&P 500 sectors ended in the green, with industrials and communication services leading the gainers by each going up 1.65 percent. Meanwhile, energy and consumer staples led the laggards by dropping 3.89 percent and 0.57 percent, respectively.