Lates News

The Shenzhen Investment Promotion Bureau released data showing that from January to March this year, the actual use of foreign capital in Shenzhen was approximately 17 billion yuan, an increase of over 47% compared to the same period last year; the number of newly established foreign-funded enterprises exceeded 2,700, an increase of over 15% year-on-year; the newly contracted foreign capital exceeded 25 billion yuan, an increase of over 53% year-on-year. Shenzhen's attractiveness and competitiveness as a global investment hot spot continue to be highlighted. As one of the new batch of comprehensive pilot cities for expanding opening-up in the service industry, Shenzhen's level of openness continues to rise. For example, in the value-added telecommunications field, by 2025, 36 companies such as Siemens Numet, and Ucommune have been approved for value-added telecommunications business operations, ranking first among pilot regions nationwide; in the medical field, Singapore's Health City Group has established a wholly foreign-owned hospital in Shenzhen (CCTV News).