The Forum for Cooperation between Scientists and Transnational Corporations, a sub-forum of the 5th World Forum on Science and Development, kicked off on Nov. 24 in Luohu district, Shenzhen.

Drawing over 150 distinguished figures from the fields of science and business, the forum featured enlightening keynote speeches and dialogues. Themed with "Open China and Innovation," the forum underscored the aim of building a collaborative platform through academic exchange.

During the forum, Luohu District Deputy Mayor Feng Jian highlighted Luohu's transformation into a hub for new industries, emphasizing its commitment to the "7+1" strategic industrial cluster.

Positioned as the central district and port area of Shenzhen within the Greater Bay Area, Luohu boasts three major ports within a single district, ranking first in both the number and volume of land ports in the city. Additionally, it is well-connected with high-speed rail, forming a 60-minute transportation circle covering core cities in the Greater Bay Area.

With over 7,000 foreign-funded enterprises, including 13 multinational headquarters such as Honghua Investment, Luohu has become increasingly attractive to domestic and foreign high-quality enterprises. In recent years, it has seen the establishment of 223 key projects, including prominent foreign investments like Hong Kong Universal New Materials and China Resources Power's coal procurement platform.

The event also featured four themed speeches and dialogues, engaging representatives from renowned companies in Germany, France, the United States, Japan, and other countries.

Participants reached the consensus that technological innovation stands out as a crucial means for multinational corporations to lead industry development, implement global strategies, and play a pivotal role in the internationalization of technological innovation.