New policies attract FDI to Shenzhen

"On Wednesday, Shenzhen unveiled a series of incentives aimed at attracting foreign investment and encouraging local enterprises to expand globally. The policy package offers financial rewards, tax breaks, and support programs for multinational corporations, with a focus on incentivizing foreign investment and fostering an outward-oriented business environment." The city's commerce bureau and investment promotion bureau jointly released the document detailing the new policy package. Shenzhen aims to solidify its position as China's economic powerhouse by attracting high-value investments in strategic sectors like technology, manufacturing, and advanced services.