Morgan Stanley, Siemens Energy, Starbucks, more than 156 of the Forbes Global Top 500 companies have invested in this region of China: Shenzhen.
Located in the central urban area of Shenzhen, Futian District is the administrative, cultural, financial, business and international exchange center of Shenzhen, with an area of 78.66 km2 and a population of about 2.2 million.
In recent years, Shenzhen District has consistently ranked at the top of China's districts and counties. In 2022, the regional GDP exceeded RMB 550 billion. It will cover the "three major industries" Highlight science and technology, finance and fashion, on the "three major positions" of central innovation district, central business district and central dynamic district, and strive to become one of the city districts with a GDP of RMB 600 billion.
Futian District focuses on the development of strategic emerging industries and future industries. It has successfully built four clusters at the RMB 50 billion level, such as digital creativity, new energy, software and information services and intelligent terminals; numerous clusters at the RMB 10 billion level, such as advanced fashion, semiconductors and integrated circuits, and biomedicine, among others.
In August 2023, the State Council of China released the Shenzhen Park Development Plan of Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, which is a national strategic blueprint for cooperation between Shenzhen and Hong Kong in the Area of Scientific and Technological Innovation designed and the policies of 15 percent personal income tax and 15 percent corporate tax for certain companies and individuals, as well as the "very convenient entry and exit" for personnel and goods clarified. At present, the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone in Futian District has promoted more than 150 high-quality scientific research projects and gathered more than 3,000 scientific researchers to further promote scientific and technological innovation cooperation. The development potential of this region is immeasurable in the future.
Innovative Shenzhen district with entrepreneurial blessing. With the best resources, the most facilitating policies and optimal opportunities, Shenzhen District will serve the large number of companies that are working hard to achieve success in Futian.