On May 30, Luohu District’s Guiyuan Sub-district held the 2024 Investment Promotion Conference, gathering representatives from over 100 companies to explore local investment opportunities and foster high-quality development.

The conference featured the launch of Guiyuan Sub-district’s high-quality consumption zone, aimed at creating a secure digital RMB prepayment business district and supporting the development of the Caiwuwei International High-end Consumption District.

Guiyuan Sub-district signed cooperation agreements with five companies and awarded “Guiyuan Sub-district Investment Partner” plaques to 30 outstanding enterprises.

In recent years, Luohu has enhanced its “1+3+N” industrial policy system, investing 10 billion yuan to help companies reduce costs. The district aims to build world-class business zones, enhance development in the service industry, and focus on software information, tech services, modern fashion, and healthcare in emerging industries to create new productive capacities and growth areas.

Key commercial areas like Shenzhen MixC and KK Mall have implemented a secure consumption zone platform, innovating in digital dispute resolution and ensuring consumer rights. Guiyuan’s key commercial zones are covered by this initiative, promoting compliance and transparency for prepaid transactions.

Guiyuan is also collaborating with state-owned banks to create a secure digital RMB prepayment business district, ensuring consumer safety and enhancing the high-quality consumption experience.

Guiyuan Sub-district is developing one financial village and eight industrial parks. Caiwuwei Financial Village, Shenzhen’s first “financial village,” will explore a comprehensive financial development path. The eight parks focus on banking, private equity, securities, trade, logistics, insurance, accounting, and legal services, using virtual and physical park advantages to boost economic density and support modern industrial systems.

Guiyuan hosts 38 banks, 21 private equity firms, and numerous securities and logistics companies. It includes PwC, Ernst & Young, and Deloitte offices, and the Shenzhen China Resources Tower, housing Fortune 500 companies.