LIBSON, Portugal, Sept. 15, 2024 /PRNewswire/ -- In a
strategic move following a recent tour of the Asia-Pacific region, the Luohu District
in Shenzhen, located in
South China's Guangdong Province, has dispatched a new
delegation to Spain and
Portugal, with a focus on
exploring economic and trade opportunities in the European
market.
The China (Shenzhen•Luohu) -
Portugal (Lisbon) Economic and Trade Cooperation and
Exchange Conference, held in Lisbon on Thursday, saw a strong turnout from
more than 30 prominent Portuguese companies and institutions,
including the Oveiras Valley Investment Agency (OVIA) and Timing
Group.
These entities showcased a keen interest in collaborating with
Luohu, particularly in sectors such as healthcare, finance, media,
business services, and cultural tourism. The event marked a
significant leap toward fostering mutually beneficial partnerships
between Luohu and key players in the Portuguese business
landscape.
As Luohu's industries thrive, the district is amplifying its
global presence through foreign investment promotion, bolstering
trade and investment activities. Luohu, situated in the heart of
Shenzhen, a rapidly growing
innovation city that has achieved economic success over the past
four decades, boasts the pillars of finance, commerce, and business
services. The district also excels in sectors such as cultural
creativity, gold, and jewelry.
With the service industry dominating Luohu's GDP at 94 percent,
the district hosts over 100 licensed financial institutions,
including major firms like PwC, EY, and Deloitte. Driven by strong
incentive policies, the health industry is rapidly expanding in
Luohu. The district excels in medical aesthetics, cutting-edge
medical devices, life sciences, and health management, showcasing
unwavering progress.
It has also given priority to the development of precision
medicine, high-end health preservation, innovative drugs, high-end
medical devices, and other specialized fields. The district's rich
clinical application scenarios also provide a good foundation for
the research, development, and transformation of innovative drugs
and medical devices. In 2023, Luohu witnessed the establishment of
32 innovative platforms in the medical and health domain, including
the Shenzhen-Europe Innovation Medicine and Health Research
Center.
Jointly developed by the district government and the Shenzhen
Institute of Advanced Technology of Chinese Academy of Sciences,
one of the top research institutes in China, the center has recruited a pool of
international talents.
Besides innovation, Luohu stipulated incentive policies to boost
the medical cosmetology field. At the end of 2023, the district
took the lead in the city by issuing 10 measures for the sector. Of
the measures, the district decided to build a hub for medical
aesthetics consumption, support the medical aesthetics product
trade and service and regulate the service quality of the sector
both online and offline.
During the delegation's visit to Spain and Portugal, the district government pledged to
enhance services and the business environment to attract companies
and investors from both domestic and international markets.
The delegation also engaged with industry leaders such as the
Global Media Group, Joinko Group, and EFG International in
Lisbon, showcasing Luohu's
commitment to strengthening ties and fostering collaboration on a
global scale.
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