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

China

China

China

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

2025-12-06 16:24 Last Updated At:22:17

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.

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

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

A proposed bill on the management of the Strait of Hormuz has entered the review stage at Iran's Supreme National Security Council and will be submitted to parliament for debate and voting after final conclusions are reached, Iran's semi-official Mehr News Agency reported on Wednesday.

No details about the bill's contents were disclosed.

According to the report, work on the legislation has been underway for some time. In addition to the parliamentary review process, several specialized parliamentary committees have participated in studying and assessing the proposal, including the National Security and Foreign Policy Committee, the Construction Committee, and the Councils and Internal Affairs Committee.

The report said the committees and several lawmakers had previously submitted separate proposals and drafts. Following a process of coordination and consolidation, a unified text has been prepared and is awaiting further review.

Iran moves forward with review of Strait of Hormuz management legislation: media

Iran moves forward with review of Strait of Hormuz management legislation: media

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