Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

The past 72 hours have been the first weekend in which the Wang Jianlin family has returned to the throne of China’s richest man at 170 billion and surpassed Li Ka-shing to become the richest Chinese in the world for the first time. When Wang Jianlin flew to Europe to visit Oxford, buy and buy, and meet French President Fran?ois Hollande, his Wanda played another big game in Xishuangbanna, Yunnan Province, at home.

It snowed again this weekend in Beijing, but in Xishuangbanna, it was a pleasant time with high clouds and a temperature of 24 degrees. In Jinghong, the capital of Xishuangbanna, with beautiful mountains and rivers and rich Dai flavor, Gong Xiaowen, assistant president of Wanda Group and deputy general manager of the cultural and tourism project management center, and a group of Wanda executives all donned local ethnic costumes and kicked off a big party.

It is said that the painting style at the scene is like this:

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

You are wrong to think that this is just a beauty pageant. While the beautiful women are on stage to perform and canvass votes, the judges sitting under the stage are the bosses of the top 100 real estate distributors in China. It is said that everyone loves beauty and it is obvious, such as the one in the picture below:

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

But making money with the richest man is the true OS of those who are in business.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

In addition to selecting a few splashing beauties, the distributors’ real ambition is to get a share of a cultural tourism market developed by Wanda in the southwest. Wanda Xishuangbanna International Resort – is the third large-scale cultural tourism project launched by Wanda Group after Changbai Mountain Resort and Wuhan Central Cultural District. After officially opening to the public on September 26, 2015, as of the first month of the Year of the Monkey, it has received more than 350,000 visitors. During the Spring Festival holiday, Wanda’s sales center welcomed more than 4,000 visitors and inquiries, and sold 300 suites. Follow the richest man to eat meat!

Compared with the more eye-catching tourist destinations in Yunnan that have been commercially developed on a large scale, such as Dali and Lijiang, why is Xishuangbanna, which has been stuck in people’s minds almost solely on the TV series "Sin" in the 1990s, so popular? How could I tell you that the picture below is Xishuangbanna Street during the Spring Festival, not the "parking lot" of the Third Ring Road of the Imperial City! (The tail numbers of the vehicles are all Yun A, Yu B and Sichuan A)

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

More than 90 distributors in 26 cities had signed up for the Wanda Xishuangbanna project by the end of the global distributor conference, according to the latest data. On Wednesday and Thursday in the past week, 11 and 7 other homes were sold respectively. It is not uncommon for customers in the three southwestern provinces with the highest awareness of Xishuangbanna and in Beijing to buy by air in droves, and the phenomenon seen in the Wanda project alone is that the proportion of hand-holding is quite high.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

The richest man who is not short of money has invested 16 billion yuan with a wave of his hand. Today’s Wanda Xishuangbanna International Resort has become the largest and highest-level cultural tourism project in Southwest China. Those who have seen the Wanda Han Show in Wuhan can probably imagine what kind of visual enjoyment and cultural tourism senses the Dai Show in Xishuangbanna will bring. After the completion of Wanda Xishuangbanna International Resort, China has a cultural industry that can rival Disney in the United States.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Do not go abroad to enjoy the South East Asia style – theme park, Dai show theater, bar street, Wanda Plaza, six-star hotel group, one-stop education with ring, tier 1 hospital and other seven formats readily available, from the land to the opening, vigorous Wanda used only four years. Gong Xiaowen, wearing Dai clothes, said proudly at the distributor conference that in 2015 Wanda Xishuangbanna International Tourist Resort has received 21 million domestic and foreign tourists, and the increase in passenger flow has fully surpassed the traditional hot spots in Yunnan Lijiang and Hainan Sanya.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

How significant is Xishuangbanna in the Wanda system? Three things can illustrate the problem.

First, Wanda set the 2015 annual meeting in Xishuangbanna, and all Wanda employees flew to Caiyun South. And this year, Wanda employees’ annual leave benefits are to bring their families to Xishuangbanna for vacation.

Second, the richest man usually walks the mall without a smile, but on the evening of January 16, Wang Jianlin made his debut in Xishuangbanna to vent his self for the first time, presenting a cover of "False Walking Monk" at the level of a Chinese good voice. The rock style is not inferior to the original singer Cui Jian, and the audience is very popular on the Internet.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Third, Wang Jianlin has repeatedly claimed in internal meetings that by 2018, Banna will be "hard to find a room". The overbearing president has spoken out, and Wanda has put this southwest cultural tourism market on the top agenda of the group. In addition, what he has gone to Europe to buy these days is actually a cultural tourism project. Wanda, which once relied on Wanda Plaza and Wanda Cinema to make its name in China, could not be more clear about its intention to turn the bow and go to the blue ocean of culture and tourism.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Wanda’s fourth transformation attempt to go real estate, in the world’s largest movie theater chain, the world’s largest sports industry, the world’s largest children’s entertainment enterprises, the world’s largest five-star hotel, the world’s largest tourism enterprises on the road, Xishuangbanna International Tourism Resort, is a very typical significance of the key.

It can be said that Xishuangbanna has become the international Banna and Wanda’s Banna. Before he had the ability to build high-rise buildings on the ground, Wang Jianlin had already opened up the wealth appreciation channel of Xishuangbanna. The ethnic minorities and exotic customs that have not been fully tapped by the outside world have made Xishuangbanna an investment depression. It is also the southwest gate of China on the international stage. After the opening of the Pan-Asian High-speed Railway in 2018, it will take only two hours from Kunming to Xishuangbanna, and only four hours to Thailand.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

The richest man has such capabilities – the railway station is only a five-minute drive from the Wanda scenic spot, which means that Xishuangbanna’s future reception capacity will multiply exponentially.

What makes Xishuangbanna special ahead of tourist resorts such as Sanya is that Xishuangbanna has unparalleled geographical and religious and cultural advantages. A Lancang River, adjacent to the borders of six countries in South East Asia, and under the unique religious background such as pan-Asian and southern Buddhist holy places, there is huge room for international tourists to rise. Not long ago, on February 18, the South East Asia Buddhist event – the Southern Buddhist Monk Ascension Ceremony Ceremony was just held in Xishuangbanna, and Wanda took part of the reception work at that time.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

It is not hard to see why, when Wang Jianlin decided to invest in Xishuangbanna, local government officials attended the signing ceremony and almost greeted him with their hands and feet raised – Wanda has become a coveted business card of Xishuangbanna and southwest China’s trade gate.

Nowadays, the room rate of Wanda Xishuangbanna Hotel is as high as 70%, and the price of Wanda Wenhua Hotel in the resort area has risen to more than 4,000 yuan/night during the Spring Festival. The richest man has decided to build two more five-star hotels in addition to Wanda Wenhua, Wanda Hilton DoubleTree and Wanda Crowne Plaza.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

With the strong sales capacity of the Spring Festival, Wanda Xishuangbanna International Tourist Resort project has jumped to the top of Yunnan congeneric product sales. With China’s 100 savviest distributors hoping to make a fortune with Wanda, it is no surprise that this distributor conference will be the highest-profile and most attended event ever – no wonder the leaders of Wanda and exclusive e-commerce partner NetEase can laugh so happily in front of the splashing beauty.

Why do Wang Jianlin and Wanda executives frequently appear in Xishuangbanna, Yunnan?

Jinan transportation department issues risk warning for online car-hailing industry

Recently, many places across the country have issued warnings about the saturation of online car-hailing, and Sanya City in Hainan Province has decided to suspend the business of accepting online car-hailing business licenses and transportation licenses. Previously, the transportation department of Jinan City also issued a risk warning for the online car-hailing industry to remind employees. In the "second half" of the development of online car-hailing, what is the industry environment in Jinan? What changes have taken place in the market?

The efficiency of individual receiving orders has decreased, and one driver serves multiple "owners".

"Now the orders are not as good as before, the big orders can’t be received, and the small orders are tossed back and forth." In Jinan, Wang Xingyi has been working as an online taxi driver for four years, and he has run for more than 1,000 days from part-time to full-time. "In the first year, I worked part-time, and the number of orders was OK, especially on weekends, and I almost never stopped receiving orders." Wang Xingyi worked part-time, and the monthly flow was more than 8,000 yuan, so the second year he ran a full-time online taxi. What he didn’t expect was that with the passage of time, there were more and more Internet taxi platforms, and the number of online drivers was increasing day by day. The most obvious feeling was that the number of travel orders received was not as good as before.

At 10 am on the 11th, the reporter called a taxi from Jinan City Long-distance Bus Station through Autonavi Map, Meituan and other platforms. On the interface of the aggregation platform, there are nearly 100 taxi-hailing platforms in the economy category alone. After calling at the same time, drivers will soon take orders. "From the aggregation platform, you can see how many online taxi-hailing cars are running on the road in Jinan." Entering the car of Mr. Li, the driver of the timely car, the first thing that came into view was the three mobile phones in front of him. "Now it is not as good as before. There are too many platforms, and the passenger flow is scattered. Only one platform is attached to it, and the number of orders is not large. Multiple platforms have multiple opportunities." Mr. Li used "the east side is not bright and the west side is bright" to describe this operation method.

The phenomenon of online ride-hailing drivers docking to multiple platforms has become more common in recent years. The same car has more than one "owner" serving the same driver. By docking on multiple platforms, in addition to improving one’s order volume, it can also increase the probability of receiving large orders. "During peak periods, there are too many orders to start, which is not cost-effective and time-consuming. Sometimes it takes half an hour to block in the urban area," Mr. Li said. When multiple platform orders come in, you may encounter medium and long-distance orders to the airport or peripheral areas and counties.

Recently, a video of an online car-hailing driver’s car full of mobile phones receiving orders leaked out on the Internet. Multiple brackets were laid in the car, with eight or nine mobile phones on them, each mobile phone displaying a real-time picture of receiving orders from a platform. "In the past, there was a colleague who hung up on seven platforms at the same time, and the order came in at the same time, and it was all beeps," Mr. Li said. There is still an influx of people pouring in when the flexible market for online car-hailing is saturated

In recent years, there have been more and more drivers on online car-hailing platforms, and today, when the capacity is basically saturated, there are still many newcomers joining. "From the perspective of practitioners, the threshold for online car-hailing is low, the work is flexible, and everyone’s impression of online car-hailing drivers can earn more than 10,000 yuan a month by running around casually," Mr. Li believes.

"After the original job was sluggish, I wanted to change industries. After comprehensive consideration, I still think online car-hailing is more suitable." The reporter’s investigation found that there are not a few online car-hailing drivers who have the same opportunity as Mr. Li. The entry threshold is not high and the working method is relatively flexible, which makes online car-hailing a job option for many people.

For some young people, online car-hailing is also a "way out" for employment. "In the first year of graduation, I didn’t find my favorite job, so I thought about driving online car-hailing for a period of time, and I had a source of income. Later, I got used to it, and I have been doing it until now." Zhang Bo took running online car-hailing as his temporary job after graduating from university, which was also the fastest job he could find. "At that time, the traffic was still relatively large, so I didn’t have to worry about the list. After my college classmates at the time found out, some people also joined or worked part-time."

The fast and convenient way to call a car has made online car-hailing the first choice for many people to travel and take a taxi. The huge potential market development space at the beginning has attracted a batch of practitioners. Between the ages of 20 and 50, people in every age group are engaged in the profession of online car-hailing drivers.

"Every morning at 6 am, pick up the car and go home at 5 pm, there are no restrictions on the company’s various regulations. And in the two years when the market was good, we did make money." Zhang Bo said that in the first two years, it was very easy to take dozens of orders every day, and you could run more than 100 yuan in an hour. When you are tired, you can take a day or two off. For college students who have just left school and middle-aged people with a lot of family affairs, this relatively flexible work has a greater appeal.

In the interview, some online car-hailing drivers made a calculation to the reporter. In the first few years of the booming online car-hailing market, the average daily flow was around 800 yuan, but now the daily flow is less than 400 yuan. "After the Spring Festival, the cultural tourism market has recovered one after another, and the urban traffic counting has increased, but because there are many online car-hailing platforms and drivers, the passenger flow to their hands is not as high as expected." Mr. Jia said that some platforms have incentive mechanisms for drivers. There are rewards similar to "rushing orders" for receiving more orders. Coupled with the current decline in efficiency, many full-time online car-hailing drivers have increased their running time and saturated orders. Mr. Jia believes that the usual passenger flow is limited, there are more and more drivers, and everyone’s running time is about 10 hours a day, which has exacerbated the competition. My brother "switched to" some traditional taxis on the online car-hailing network without carrying

Jinan Urban and Rural Transportation Bureau in the network about car industry risk warning released a set of data, as of the end of March this year, Jinan registered a total of 69 network about car platform enterprises, registered network about car 17,800 vehicles, get the network about car qualification certificate driver 35,900. Affected by the network about car and the number of employees increased sharply and rapidly, according to statistical data estimates, the current network about car bicycle daily average number of orders less than 10 orders.

In recent years, the number of private cars in Jinan’s urban area has also been increasing, and the two types of vehicles are intertwined, which has a certain impact on road traffic during peak hours. Jinan City adheres to the basic idea of giving priority to the development of urban public transportation, developing taxis in a moderate and orderly manner, and optimizing the urban transportation structure for urban transportation layout. In the case of car-hailing saturation, there are still many people flooding into the market, which also diverts the flow of urban public transportation.

The reporter found that in addition to having a certain impact on urban traffic, the impact of online car-hailing on traditional cruise taxis is also very large. "In the first few years, when there were not so many platforms, online car-hailing ushered in a dividend period, and many people used it as a part-time means." The person in charge of a taxi company in Jinan told reporters that whether it is taxis or online car-hailing, it is a supplement to urban public transportation. Now residents are more inclined to ride-hailing than traditional cruise taxis, which allows online car-hailing to have a large market development space, but the space is ultimately limited. With the increase of platforms and the increase in the number of drivers, the market began to saturate.

The person in charge admitted that the online taxi-hailing industry has also attracted some traditional cruise taxi practitioners. Some taxi drivers do not renew their contracts with taxi companies after the contract expires, but choose online taxi-hailing instead. "Joining or renting a car is a more common way to recruit online car-hailing. It is more convenient for drivers to join, and the operation model is relatively flexible. In the past few years, the cruise taxi industry has lost a lot of drivers."

Jinan City’s online taxi booking industry risk warning notice also pointed out that at present, some online car-hailing platform companies are idle due to low orders, and some cruise cars are also unaccompanied due to difficulty in achieving expected returns. It is recommended that companies intending to engage in online car-hailing operations carefully research the market, gain a deeper understanding of policies, and cautiously invest in Jinan’s online car-hailing market to avoid economic losses.

Securities Supervision Commission maximum penalty Hengda real estate actual controller Xu Jiayin

On May 31, the Securities Supervision Commission said that it had recently made an administrative penalty decision on Hengda Real Estate’s bond fraud issuance and information disclosure violations according to law, ordered Hengda Real Estate to correct, gave a warning and fined 4.175 billion yuan, and imposed a top fine of 47 million yuan on the then chairperson and actual controller of Hengda Real Estate.

This time, the Securities Supervision Commission punished Hengda Real Estate’s fraudulent issuance of bonds according to 20% of the proceeds raised, and imposed a maximum fine on its information disclosure violations. This is the strictest measure since the unified law enforcement of the bond market. It not only punishes financial fraud severely according to the law, but also fully considers the scale of Hengda Real Estate bonds and the overall work of "guaranteeing the delivery of housing", and insists on the unity of political, social and legal effects. At the same time, the Securities Supervision Commission is promoting the investigation of relevant intermediaries.

Inflated revenue and profits, inExchange market fraud

The Securities Supervision Commission found that from 2019 to 2020, Evergrande Real Estate inflated its income and profits by recognizing its income in advance, resulting in fraudulent issuance of bonds publicly issued in the exchange market, and the relevant annual reports disclosed contained false records. At the same time, Evergrande Real Estate also failed to disclose regular reports on time, failed to disclose major litigation and arbitration as required, and failed to disclose due debts as required.

Securities Supervision Commission administrative penalty decision shows that the punishment involves Xu Jiayin and many other Hengda real estate executives at that time.

In terms of the amount involved, the penalty decision found that in 2019 Hengda Real Estate implemented financial fraud by confirming income in advance, and the false income was 2139.89 billion yuan, accounting for 50.14% of the current operating income, corresponding to the false cost of 173.267 billion yuan, false profit 40.722 billion yuan, accounting for 63.31% of the total profit of the current period.

In 2020, the inflated income was 350.157 billion yuan, accounting for 78.54% of the current operating income, corresponding to 2988.68 billion yuan of inflated costs and 51.289 billion yuan of inflated profits, accounting for 86.88% of the current total profit.

Due to the fact that the relevant data of the 2019 and 2020 annual reports with false records were quoted in the issuance documents announced during the issuance of the above bonds, Evergrande Real Estate fraudulently issued 20.80 billion yuan of bonds from May 2020 to April 2021.

In addition, Evergrande Real Estate failed to disclose the 2021 annual report, 2022 interim report and 2022 annual report on schedule, failed to disclose the situation of major litigation and arbitration as required, and failed to disclose the situation of failing to pay off due debts as required.

The penalty decision shows that as of August 31, 2023, Hengda Real Estate has not disclosed a total of 1533 major litigation and arbitration matters (the amount involved 50 million or more) in a timely manner as required since January 1, 2020, and the amount involved is 431.259 billion yuan.

As of August 31, 2023, Hengda Real Estate has failed to pay off 2,983 maturing debts in a timely manner since January 1, 2021, involving an amount of 2785.31 billion yuan.

Hengda Real Estate’s financial fraud is integratedtransformadvance, Xu Jiayin is to blame

In terms of wording, the punishment decision used terms such as "the means were particularly bad and the circumstances were particularly serious" for Xu Jiayin, the then chairperson. In view of Xu Jiayin’s decision and organization of financial fraud, the means were particularly bad and the circumstances were particularly serious. In accordance with the "Securities Law" and other relevant provisions, Xu Jiayin was banned from the securities market for life.

The Securities Supervision Commission stated that the evidence in the case is sufficient to prove that Xu Jiayin, as the chairperson and actual controller of Evergrande Real Estate, arranged and organized financial fraud, such as asking for the adjusted income level of operating indicators and deciding what index data to use. These related matters are all important components of the financial fraud process, which directly led to the illegal acts of fraudulent issuance and false records in Evergrande Real Estate. Accordingly, the Securities Supervision Commission determined that it made decisions and organized the implementation of financial fraud, and took responsibility for fraudulent issuance and false records in annual reports.

"In addition to failing to fulfill his duty of diligence as chairperson of Evergrande Real Estate, Xu Jiayin used the control of the actual controller over the company to instruct relevant personnel to commit financial fraud," the penalty decision states.

The Securities Supervision Commission believes that the evidence in the case proves that the financial fraud of Hengda Real Estate is the cooperation of the relevant functional areas of business of the company, the company headquarters and the project company are promoted as a whole, and the means of fabricating important facts such as modifying and adjusting the delivery list of the year and modifying the delivery time of the Mingyuan system are taken. It involves a wide range and a large amount of fraud. These matters have obviously exceeded the scope of duties and performance procedures that the chairperson can organize and implement.

Hengda Real Estate Bond Fraudulent Issuance and False Records in Annual Reportsnot exceededstatute of limitations

Xu Jiayin stated in his defense opinion that Hengda Real Estate’s illegal behavior has exceeded the time limit for administrative punishment and should not be subject to administrative punishment, and the audit institution should be held responsible.

In this regard, the Securities Supervision Commission believes that the "Administrative Punishment Law" stipulates that if the illegal act is not discovered within two years, no administrative penalty will be imposed, unless the law provides otherwise. As long as the clues of the illegal act have entered the field of vision of the competent authority, the illegal act should be determined to be "discovered".

In August 2021, Hengda Real Estate risk broke out. In December 2021, relevant departments organized accounting firms to conduct an asset inventory special project audit of Hengda Group. In March 2022, the audit found that Hengda Real Estate was suspected of violations such as early recognition of income. Therefore, the illegal acts involved in the case were discovered by the competent authorities no later than March 2022.

Evergrande Real Estate disclosed its 2019 and 2020 annual reports in April 2020 and April 2021 respectively. At the same time, the issuance time of the five bonds of 20 Evergrande 02, 20 Evergrande 03, 20 Evergrande 04, 20 Evergrande 05, and 21 Evergrande 01 was not earlier than May 26, 2020, and the time of discovery was not more than 2 years from March 2022. The responsible personnel in this case participated in the preparation of false data and reports or signed the corresponding reports and documents, and did not exceed the 2-year time limit for administrative penalties.

In summary, Hengda Real Estate disclosed false records in the 2019 and 2020 annual reports and the illegal issuance of fraudulent bonds of public distribution companies are within the time limit for administrative penalties.

Beijing News Shell Financial Reporter, Zhang Xiaochong, Editor, Chen Li, Proofreader, Lucy

Authoritative release | heavy at the end of the year, attracting attention! Shenzhen Global Investment Promotion Conference is about to open! Please see the transcript of the press conference on Decem

Press conference of Shenzhen Municipal Government Information Office

Time: December 5, 2023 at 15: 00.

Venue: Press Release Hall of Shenzhen Municipal Government

Record content

Moderator Wu Jun (Deputy Director of Propaganda Department of Shenzhen Municipal Committee and Director of Information Office of the Municipal Government):

Good afternoon, media friends! Welcome to today’s press conference. The Shenzhen Global Investment Promotion Conference will be held on December 8th. Today’s press conference is mainly to inform you about the Shenzhen Global Investment Promotion Conference and answer your questions.

Present at today’s conference are:

Ms. Zhang Feimeng, Director of the Municipal Bureau of Commerce;

Mr. Qin Shijie, member of the Party Group of the Municipal Development and Reform Commission and second-class inspector;

Mr. Chen Huaping, Deputy Director of the Municipal Bureau of Industry and Information Technology;

Mr. Gu Ting, full-time vice president of the Municipal People’s Association for Friendship with Foreign Countries;

Mr. Dong Zhe, member of the Standing Committee of Baoan District Committee and deputy head of the district.

First of all, please invite Ms. Zhang Feimeng, Director of the Municipal Bureau of Commerce, to introduce the basic situation and highlights of the Shenzhen Global Investment Conference.

Zhang Feimeng:Dear media reporters and friends,

Hello everyone!

I am very happy to attend today’s press conference. Next, I would like to introduce the preparations for the Shenzhen Global Investment Conference to all journalists.

All along, the municipal party committee and municipal government have attached great importance to attracting investment. Since the beginning of this year, the city has insisted on "sincerity" and "itinerary" as the basic skills, and all employees have launched, and continued to promote "double recruitment and double introduction" to attract investment from around the world. First, focus on strategic emerging industrial clusters and future industries, and focus on foreign-funded enterprises, national and global cutting-edge enterprises, innovative enterprises, and upstream and downstream enterprises in the industrial chain and supply chain, and take the initiative to attract investment accurately. Second, focus on global resources, make good use of the functions of business associations, exhibitions, events, industrial parks, etc., introduce high-quality production capacity, and enhance the attraction of "bringing in". The third is to improve the city’s unified coordination, command and dispatch mechanism, lay a good combination of policies such as finance, industry, land, talents, state-owned assets, finance, market and innovation, and promote the landing of a number of major projects.

It is worth mentioning that up to now, the district-level investment promotion conference has been completed. In the competition for attracting investment in the sprint stage at the end of the year, all districts have come up with their own "housekeeping skills", combining their own development orientation and the precise efforts of advantageous industries, with obvious characteristics. From the results, the city’s investment promotion has achieved positive results. First, major projects are pouring in. Sinopharm Group competes with GE Medical, China Agricultural Development and other Fortune 500 companies, foreign capital, state-owned enterprises, listed companies, leading enterprises and unicorn enterprises to settle down. Second, there are many bright spots in industrial characteristics. Focusing on strategic emerging industrial clusters and future industries, Siemens Medical, Intel, Starbucks, etc. have successively settled in Shenzhen. The landing projects cover financial, new energy, intelligent manufacturing, AI, supply chain, digital creativity, modern fashion, high-end medical devices, big health and other industrial fields, which are innovative, leading and supportive. Third, production+R&D is fruitful. Contemporary Amperex Technology Co., Limited, China Automobile Center, Fosun Pharma and other intelligent manufacturing centers, innovation and technology centers, new energy and new materials research and development centers, medical device engineering innovation centers and a number of production+R&D projects with high "gold content" and "new quantity" have settled down one after another.

In order to showcase the investment promotion achievements of all districts and departments in the city, and fully demonstrate the high-quality economic and social development and world-class business environment in Shenzhen, the Shenzhen Global Investment Promotion Conference, hosted by the Shenzhen Municipal People’s Government and co-hosted by the Shenzhen Municipal Bureau of Commerce, the Shenzhen Municipal Government Information Office, the Foreign Affairs Office of the Shenzhen Municipal Government and the Baoan District People’s Government, will be held at the Shenzhen International Convention and Exhibition Center on December 8.

From 2019 to 2022, the Shenzhen Global Investment Conference has negotiated and signed more than 900 projects, involving a total intentional investment of over 3 trillion yuan. This year’s Shenzhen Global Investment Conference is the fifth time that Shenzhen has held a global investment conference on the basis of inheriting the successful experience of the past four investment conferences. The theme of this conference is "Creating a New Pattern, Sharing New Opportunities-Investing in Shenzhen for a Win-Win Future", with emphasis on "innovation" in the form of holding and "pragmatism" in the content and effect. The conference will build an investment cooperation platform with global influence in an all-round, wide-ranging, deep-seated and high-level way, highlight Shenzhen’s continuous innovation power as the core engine of Guangdong-Hong Kong-Macao Greater Bay Area, and comprehensively enhance Shenzhen’s attraction and radiation to global resources. At present, the preparations for the conference are progressing smoothly. This conference has the following characteristics:

The first is to focus on the industry and highlight the "four forces." On the basis of the previous four investment promotion conferences, this investment promotion conference will pay more attention to the principle of "being pragmatic, concise and efficient" and fully display Shenzhen’s economic vitality, innovation power, urban charm and investment potential. The conference was organized in the form of "1+1+12+N" series of activities, including "1 main event, investment promotion conference and the city’s investment promotion work summary meeting; 1 investment promotion achievement exhibition area; 12 district-level investment conferences; N overseas venues and industry (industry) investment promotion activities. " We have held 10 overseas sub-venue activities in Madrid, Zurich, Hawaii, Vancouver, San Diego, Brisbane, Chicago, Tokyo, Sydney, Milan and other cities, and successfully held 12 industry (industry) investment promotion activities such as energy storage, digital energy, finance, consumption, attracting talents and attracting talents, and high technology.

Second, the form is novel and the content is pragmatic. The conference continued to optimize and upgrade breakthroughs in overall planning, link design and meeting execution with a more open and enterprising attitude. For the first time, this conference set up an investment promotion achievement exhibition area to show the latest investment promotion achievements and development plans of all districts and departments in the city; Set up a product exhibition area of famous local brands in Shenzhen, and display products covering advanced manufacturing, consumer electronics, trendy life, new tea and coffee, etc., so as to bring a visual feast to the guests. In order to further expand Shenzhen’s "Pengyou Circle" for attracting investment, a number of major projects will be signed at the conference site to show the advantages of Shenzhen’s business environment and the confidence of investors around the world in Shenzhen’s future development with real investment projects.

Third, it has a larger scale and greater influence. This conference was held in Shenzhen International Convention and Exhibition Center for the first time, and invited the top 500 enterprises in the world, the top 500 enterprises in China, listed companies, senior executives of leading enterprises in the industry, foreign consuls in China, representatives of foreign associations, etc. Up to now, it is estimated that more than 1,000 guests will attend the meeting, from the United States, Japan, the European Union and other countries and regions, including representatives from world-renowned enterprises such as American General Medical, Panasonic of Japan and Siemens of Germany. The scale of this conference is even larger, with more exhibitors and greater influence, which fully shows Shenzhen’s urban temperament based on Greater Bay Area and looking at the world. On the day of the conference, guests will be invited to give speeches to share their experiences in investing in Shenzhen and their objective evaluation of the business environment in Shenzhen.

This year, Shenzhen has achieved fruitful results in attracting investment. We will announce the total amount of intentional investment that everyone is most concerned about at the annual investment conference on the day of the conference. In addition, the conference set up a release link, which will release a series of measures to attract investment in Shenzhen in 2024, further demonstrating the greatest sincerity of the municipal party Committee and municipal government in welcoming global merchants from all over the country to invest in Shenzhen. The conference will be held in an "online+offline" way, and will be broadcast live on authoritative media platforms such as Shenzhen. Merchants from all walks of life at home and abroad are welcome to watch and participate online. Here, we once again send an invitation to global merchants: invest in Shenzhen and win-win the future. Welcome to Shenzhen, a hot spot for investment. We will join hands with global partners to seek common development and share opportunities!

That’s all for my introduction. Thank you.

Wu jun:I am very grateful to Director Zhang Feimeng of the Municipal Bureau of Commerce for his detailed introduction to the upcoming global investment conference in Shenzhen. Let’s enter the questioning session below. Please inform the name of the news organization before asking questions. Now start asking questions.

记者:你好,经济日报提问。营商环境是企业生存发展的土壤,请问市发改委秦主任,深圳市如何打造国际一流营商环境,招引全球优秀企业扎根深圳发展?谢谢!

秦世杰:感谢您的提问。

近年来,深圳市始终牢记习近平总书记关于深圳等特大城市要率先加大营商环境改革力度的谆谆嘱托,持续推进优化营商环境“一号改革工程”,从2018年起,我市每年推出改善营商环境的具体举措,累计推出了一千多项惠企利民的政策措施,推动市场化、法治化、国际化营商环境持续优化,形成了一流的产业发展生态,吸引了一大批优质企业落户发展。深圳市连续在中国营商环境评价中居全国前列,18个指标全部成为全国标杆,2022年在广东省营商环境评价中获得第一名,2020至2022年,连续三年获评全国工商联“营商环境最佳口碑城市”称号。截至目前,全市登记的商事主体累计达到416万户,总量和创业密度继续保持全国第一,世界500强企业增至11家。境内外上市公司总数超过558家,专精特新企业超8600家,其中国家级“小巨人”742家,数量在全国大中城市中名列前茅。

A good business environment is the best "buttonwood", the biggest "magnet" and the core competitiveness of the city. In February this year, the city issued the Key Points of Optimizing the Business Environment in Shenzhen in 2023, and implemented 100 key tasks. In August this year, it concentrated on three three-year work plans to optimize the market-oriented, rule-of-law and international business environment, speeding up the creation of first-class ecology, making it the first choice for global investment, and creating a market-oriented, rule-of-law and international first-class business environment in all directions, in all fields and in depth.

First, strive to create a benchmark for a market-oriented business environment and stimulate the innovation and entrepreneurship of market players. This year, we launched the electronic signature function of "one window for starting an enterprise" with double recording of audio and video, realizing the electronic signature without media, promoting the whole process of online operation of foreign-invested enterprises, and further reducing the start-up cost of enterprises. We vigorously implement the "Industrial Upstairs" plan, provide enterprises with high-quality, low-cost and customized industrial space, and vigorously guarantee the demand of market participants for land development. We took the lead in the transformation of industrial parks into power supply in China, completely eliminated the price increase of industrial parks, and completed the transformation of 2172 industrial parks, reducing the electricity cost of enterprises by 3 billion yuan every year. We launched the mobile terminal area of the policy subsidy through train platform on the "I Shenzhen" APP, and added 100 items of "free application and instant enjoyment" to realize the direct enjoyment of the policy of benefiting enterprises and facilitating people. At the same time, we have made great efforts to build five world-class trading platforms, including the International Trading Center for Electronic Components and Integrated Circuits, Shenzhen International Jewelry and Jade Comprehensive Trading Platform, Qianhai United Trading Center, Shenzhen Data Exchange, and Shenzhen Stock Exchange’s Scientific and Technological Achievements and Intellectual Property Trading Center, which has provided convenience for market participants to participate in the trading of commodities, data, scientific and technological achievements and intellectual property rights.

The second is to strive to create a model of a business environment ruled by law and ensure that market players can operate and develop with peace of mind. We have successively formulated and implemented the first local legislation in China, such as the regulations on the management of intelligent networked vehicles in Shenzhen Special Economic Zone, the regulations on the promotion of artificial intelligence industry and the regulations on the promotion of cell and gene industry, so as to escort the development of emerging industries by the rule of law. We took the lead in implementing the inclusive and flexible law enforcement of "small mistakes are exempted from punishment". Up to now, we have formed four lists of minor violations that are exempted from punishment according to law, given a lighter punishment, mitigated punishment and not enforced in 66 fields, totaling 2,022 items, providing fault-tolerant space for market entities to operate. We have added fast pre-trial channels for patents in high-end equipment manufacturing and jewelry processing to reduce the time for patent examination and authorization. At the same time, we have launched a pilot project for rapid handling of national intellectual property disputes, greatly reducing the processing cycle of intellectual property disputes included in the pilot project by 50%, and further strengthening the creation and protection of intellectual property rights. We have built a high-level enterprise compliance demonstration zone, issued the first local enterprise compliance standard "Enterprise Compliance Management System" in China, established an enterprise compliance risk warning and early warning release mechanism, and escorted all kinds of enterprises to operate in a healthy and compliant manner.

The third is to strive to create a pioneer in the international business environment and enhance the international competitive advantage of market players. We actively promote the convergence of international rules, carry out cross-border credit cooperation pilot projects in Qianhai, promote mutual recognition with cross-border credit reporting standards of Hong Kong, Macao and Taiwan, allow Shenzhen banks to obtain corporate credit reports issued by credit reporting agencies of Hong Kong, Macao and Taiwan through Shenzhen credit reporting agencies, and facilitate the financing of overseas enterprises. We have provided credit loans to seven Hong Kong-funded enterprises. We have promoted the convergence of inspection rules between Shenzhen and Hong Kong, and piloted the "one inspection in two places" mode for Shenzhen and Hong Kong liquor, so that when enterprises declare imports in Qianhai, the customs will recognize the inspection reports of Hong Kong inspection agencies. We have further strengthened the construction of Guangdong-Hong Kong-Macao Greater Bay Area International Arbitration Center, and introduced eight internationally renowned arbitration and mediation institutions in a cooperative manner, making it a preferred place for international arbitration. We first set up a foreign-invested public service organization in China, namely the service workstation for protecting the rights and interests of foreign-invested enterprises, covering the whole city’s foreign-invested enterprises. We have made greater efforts to introduce international talents. This year, we have added overseas professional qualification recognition in the fields of emergency safety and environmental protection, and the scope of overseas professional qualification convenience practice list has been expanded to 11 fields and 30 categories.

The business environment is only better, not the best. Next, the Municipal Development and Reform Commission, together with the relevant departments of the city, will fully implement the work arrangements of the municipal party committee and municipal government on optimizing the business environment, continue to promote the construction of the business environment with the first demonstration standards, plant fertile soil for the growth of market players, and provide enterprises with a fair, orderly and fully competitive market environment. Finally, warmly welcome Chinese and foreign entrepreneurs to invest and develop in Shenzhen, and create a new and greater miracle in Shenzhen. Thank you.

Reporter: The Securities Times asked questions. I would like to ask Deputy Director Chen Huaping, Shenzhen is a big industrial city. What work has been done and what achievements have been made in attracting investment in the field of advanced manufacturing this year?

Chen Huaping:Thank you for your question.

Industry is the foundation of a country and a strong country. The Shenzhen Municipal Party Committee and Municipal Government attaches great importance to the high-quality development of manufacturing industry, adheres to the principle of establishing a city by industry, enriching the city by industry and strengthening the city by industry, and accelerates the construction of a leading and important advanced manufacturing center in the world and a modern industrial system with Shenzhen characteristics and advantages. We adhere to the combination of stable stock and incremental investment, and constantly increase the intensity of attracting investment in advanced manufacturing industries to promote development through investment.

First, urban linkage and synergy. The Municipal Bureau of Industry and Information Technology has continuously explored the working mechanism of joint investment attraction for advanced manufacturing industries with overall planning, coordination of all parties, key breakthroughs and overall linkage, so as to achieve "non-stop investment attraction, steady business and no relaxation", and set up a joint investment attraction office with the district government to jointly carry out special investment attraction actions in industries such as smart sensors and smart terminals. Since the beginning of this year, it has jointly visited more than 20 cities at home and abroad to attract investment, and has visited and contacted domestic and foreign high-quality enterprises in the fields of equipment manufacturing, new energy, biomedicine and advantageous industries, attracting a number of major projects such as Siemens and China Automotive Research Institute.

The second is global vision and expanding the pattern. The Municipal Bureau of Industry and Information Technology has always adhered to the global coordinate system, carried out exchange activities in Europe, the Middle East, Japan, South Korea and Southeast Asia, and reached a number of cooperation intentions with various global leading enterprises and institutions such as Mercedes-Benz, stmicroelectronics and GSMA. In addition, we also planned and organized Sino-German (Shenzhen) Economic Forum, China-ASEAN Emerging Industries Matchmaking Meeting (Shenzhen), China (Shenzhen, Hong Kong)-ASEAN (Kuala Lumpur) and other activities, which led to the signing of more than 40 cooperation agreements, with the signing amount exceeding 15 billion yuan, involving new energy vehicles, electrochemical energy storage materials, smart cities, digital economy, medical devices and other fields.

The third is to practice internal strength hard and accumulate strength. The Municipal Bureau of Industry and Information Technology has continuously enriched investment factors and resources, done a good job in ensuring stable prices and reducing costs, actively developed open application scenarios, continuously improved the level of public services, created a first-class business environment with marketization, rule of law and internationalization, and created a first-class industrial ecology. At the same time, speed up the construction of 20 advanced manufacturing parks, vigorously implement the "industrial upstairs" high-quality factory space construction plan, and build a number of high-quality, low-cost and customized factory spaces including Bao’ an New Bridge East, Nanshan Honghualing and Longgang Specialized Special New Industrial Park, so that good enterprises and projects can land in Shenzhen.

Next, the Municipal Bureau of Industry and Information Technology will fully implement the work arrangements of the municipal party committee and municipal government, give full play to the role of the competent departments of the industry as a whole and as the "main force", continuously strengthen the investment attraction work in the industrial and information fields of the whole city together with various districts and departments, establish and improve the investment attraction work mechanism of urban linkage and integration, vigorously carry out investment attraction around the "20+8" industrial clusters and key links in the industrial chain, and focus resources such as space, finance, talents and data on high-quality enterprises and key projects to improve investment attraction.

thank you

Reporter: Hello, Xinhua News Agency asked questions. Everyone is very concerned about the foreign investment situation this year. May I ask Director Zhang Feimeng what is the foreign investment situation in Shenzhen this year? thank you

Zhang Feimeng:Thank you very much for your attention to foreign investment in Shenzhen. This year, Shenzhen has the following highlights in attracting foreign investment: First, the number of newly established foreign-funded enterprises has increased rapidly. From January to October, 6,469 foreign-funded enterprises were newly established in our city, up 69% year-on-year, indicating that the momentum of foreign investment in Shenzhen has not diminished, and multinational companies continue to be optimistic about the investment prospects in Shenzhen. Second, the investment structure has been continuously optimized. The actual use of foreign capital in manufacturing industry was 17 billion yuan, up by 186% year-on-year, and the high-tech industry increased by 16%. Third, developed economies have increased their investment in Shenzhen. From January to October, the investment of Canada, the United States, Singapore and Switzerland increased rapidly, with the growth rates of 655%, 272%, 148% and 77% respectively.

总的来看,深圳始终保持吸引外资长期向好的态势。在第三届“一带一路”国际合作高峰论坛开幕式上,习近平总书记宣布“全面取消制造业领域外资准入限制措施”“主动对照国际高标准经贸规则,深入推进跨境服务贸易和投资高水平开放”,为今后一个时期对外开放和利用外资工作指明了方向。我们将进一步落实国家有关压缩外资准入负面清单的工作,推进增值电信、生物医药等热点领域扩大开放,深入推进前海深港现代服务业合作区、河套深港科技创新合作区等重大平台改革开放先行先试,稳步扩大制度型开放;不断提升完善外资服务体系,进一步加密加强与外资企业的沟通交流,优化外资促进和服务,持续打造市场化、法治化、国际化一流营商环境,让深圳始终成为跨国投资的热土。外资对深圳市场和经济前景有信心,我们对外资来深落得下、发展好也充满信心。

Thank you!

Reporter: China Daily asked, since this year, foreign delegations visiting Shenzhen have become increasingly frequent. Could you please tell President Gu Ting about Shenzhen’s foreign exchange this year? thank you

Gu ting:Thank you for your question. This year, the city’s foreign exchanges and cooperation in various fields have indeed made new progress and achieved new results, effectively serving the overall diplomatic situation of the country and the high-quality economic and social development of Shenzhen. Mainly reflected in the following aspects:

First, the number of high-level foreign guests groups has surged, and the international influence of our city has been further enhanced. This year, our city has successfully received the presidents of five countries, including Congo (DRC), Malawi, Algeria, Venezuela and Zambia, the prime ministers of three countries, including Hungary, Papua New Guinea and Mozambique, the foreign guests at the level of deputy heads of state or government of six countries, including Cuba, Indonesia and Vietnam, and 83 groups of foreign guests at the ministerial level, greatly enhancing the city’s visibility and reputation. The above-mentioned high-level delegations’ visits to Shenzhen often focus on cooperation with industries such as electronic communication, new energy and biomedicine in our city, which effectively promotes our enterprises to "go global" and expand overseas markets.

Second, many large-scale foreign activities were successfully held, attracting more global high-quality resource elements to gather. These activities, including large-scale exhibitions such as Hi-Tech Fair and Cultural Fair, as well as national multilateral meetings such as China Listening to the World Forum, China-ASEAN Senior Officials Consultation and International Parliamentarians Friendly Exchange Forum, have effectively served the overall diplomacy of the country, introduced the achievements of Shenzhen’s economic and social development to the international community since the reform and opening up, and created a good external environment for the high-quality development of our city.

Third, local exchanges have become more active, and the city’s diplomatic network has been continuously optimized and improved. As the window of China’s reform and opening up, Shenzhen has established friendly relations with 90 provinces and cities in 57 countries on five continents (including 24 pairs of sister cities and 66 pairs of friendly exchange cities). This year, Shenzhen has had frequent exchanges with foreign local cities and achieved fruitful results. Dozens of delegations from California, Mato Grosso, Brazil, Rio de Janeiro, Bavaria, Munich, Russian Tatarstan, Penang, Malaysia and Haiphong, Vietnam visited Shenzhen successively. Relying on sister cities and non-governmental diplomatic networks, our city has made full use of its advantages in location, resources and openness, and built a solid bridge to promote the communication between the people and enhance pragmatic cooperation.

Fourth, senior executives of multinational enterprises have intensively visited Shenzhen, and pragmatic cooperation in various fields has been deepening. This year, senior executives of multinational companies from Heicks Kang, Siemens, Starbucks, Richemont, Sanofi, Merlin Entertainment and Anda visited Shenzhen one after another, covering advanced manufacturing, medical devices, biomedicine, cultural tourism and other industries. In addition, the heads of China European Union Chamber of Commerce, Britain-China Business Association and other business promotion agencies have also visited Shenzhen. Multinational enterprises and institutions highly recognize Shenzhen’s market-oriented, rule-based and international business environment, saying that they will continue to expand their investment layout in Shenzhen and further promote pragmatic cooperation in a wider field and at a deeper level.

Fifth, cross-border exchanges between business people have become increasingly frequent, and foreign exchanges between private enterprises have accelerated. This year, in order to serve the city’s high-quality development and help it open to the outside world at a high level, the city has handled more than 2,200 APEC business travel cards for business people, which is four times that of the whole year of 2019. The number of cards handled ranks among the best in all provinces and cities, reflecting that private enterprises in our city are more active in foreign exchanges, further integrated with the world economy, and have closer ties and interactions with countries around the world.

Generally speaking, this year, the exchanges and cooperation between our city and foreign governments, international organizations, localities, enterprises, non-governmental organizations and other levels have shown a thriving trend, which shows that Shenzhen’s international influence has been further enhanced, it plays a decisive role in the global economic network, and it has taken solid steps towards the goal of building a more globally influential economic center city and a modern international metropolis!

thank you

Reporter: Shenzhen Radio and Television Group asked a question from Shenzhen. I would like to ask Dong Zhe, deputy head of the district. The Shenzhen Global Investment Conference was held in the International Convention and Exhibition Center. What has Baoan District done in terms of service guarantee? thank you

Dong Zhe:Thank you for your question. The global investment promotion conference is honored to be held in Shenzhen International Convention and Exhibition Center, which is recognized as one of the most advanced and complete exhibition centers in the industry. It should be said that the location itself is a highlight of our conference. Under the overall planning and guidance of the Municipal Bureau of Commerce, Baoan District has set up a special service guarantee class to do a good job in public transportation, accommodation and catering, emergency medical care, cultural and travel experience and so on.

The first is public transportation. On the basis of normal traffic security, we will combine the actual situation during the conference to ensure the overall smooth traffic by increasing traffic control personnel, encrypting traffic shifts, and reserving emergency capacity. In addition, a traffic command and dispatch room will be set up in the convention and exhibition center to coordinate the traffic management of the whole area, and optimize the moving line of vehicles entering and leaving and the drop-off area of parking in advance to ensure the convenience of guests. In addition, this time, we have a special arrangement to provide self-driving shuttle bus service to and from the International Convention and Exhibition Center at Intercontinental and Hilton Hotels.

The second is accommodation and catering. There are 5 high-end hotels in the exhibition area, which can provide more than 5,000 rooms for the guests, and there are more than 50 hotels of various types around, which can provide a variety of accommodation options. Bao ‘an District has comprehensively sorted out and rectified the hotels around the convention and exhibition center, focusing on improving food safety, sanitary environment and service quality to ensure that the participating guests can eat and live with peace of mind.

The third is emergency medical care. We will arrange seven large-scale emergency support vehicles, including emergency, ambulance, fire fighting, power supply and communication, and arrange professional and technical personnel to perform their duties on site. In addition, a medical point is set up near the main venue, and professional medical staff provide emergency medical support.

The fourth is the experience of cultural travel. We are committed to providing zero-distance cultural travel experience services. We will set up cultural tourism service desks in hotels such as Intercontinental, Crowne Plaza, Hilton, Hilton Garden, etc., where the guests are concentrated, to provide the guests with publicity materials on Baoan District’s history, humanities, non-genetic heritage, natural landscape and tourist attractions, and at the same time send special personnel on duty to provide cultural tourism consulting services.

At the same time, we will closely focus on new formats and new scenes such as "One Street, One River, One mall" and "National Pavilion" to make a tour route for the guests. Along the street in high line park, with the theme of "science and technology+cultural creation", we have carefully set up 16 characteristic exhibition halls integrating display, transaction and interaction, fully demonstrating the charm of Baoan in science and technology, consumption, intangible cultural heritage and cultural creation. At the same time, the whole line will build an air camp with "double star camp, leisure and entertainment belt and dynamic stage" to provide shopping, consumption and leisure and entertainment services for the guests. In Fuhai River, the greening and lighting atmosphere on both sides of Waihe River have been completed and opened to the public. We will make full use of the surface of the outer river and the green space on both sides of the river to carry out colorful water activities, and the pet park built on the banks of Fuhai River will also hold pet competitions and other activities. The Garden City, a large shopping mall, will be capped at the end of this year, and investment promotion is now in full swing. In addition, together with the Municipal Bureau of Commerce, we are building a "National Pavilion" to showcase the products of European and Asian Belt and Road countries for the guests and the public through cross-border bonded shops and pop-up shop.

In a word, we hope that through our above work and efforts, we can ensure the success of this conference and bring a brand-new and unforgettable experience to the guests. thank you

Wu jun:Thank you, Dong Zhe, deputy head of Bao ‘an District, for your introduction, and also thank the Shenzhen reporter of Radio and Television Group for asking questions. Time, that’s all for today’s question. Thank you!

Shenzhen Global Investment Promotion Conference is an annual event, which attracts the attention of the public at the end of the year. In fact, attracting investment is a long-term work, an all-round, all-round and whole-system effort throughout the year, a "journey" of Qian Shan’s thousands of waters, a sincere "sincere", a service by all means, and a genuine effort.

Shenzhen is a city that has created miracles for more than 40 years and is a city of miracles. Entrepreneurs, investors, entrepreneurs, and talents from all sides voted with their feet, educating, co-creating, co-building, and sharing a hot land for innovation and entrepreneurship. Shenzhen’s market-oriented, rule-based and international business environment has always been its recognition and confidence, and it is also the number one project of continuous intensive cultivation. At present, in the process of building a new development pattern and promoting high-quality development with Chinese modernization, Shenzhen, as a pioneering demonstration area and the core engine of Guangdong-Hong Kong-Macao Greater Bay Area, is holding and displaying new business opportunities, vitality, space and prospects from its strategic position, industrial future layout, open attitude and pattern, and institutional innovation. We can expect the weight, energy and "gold content" of this year’s Shenzhen Global Investment Conference. The conference has issued an invitation to invite people from all walks of life at home and abroad and people of insight to come to Shenzhen to seize the opportunity, see the future, win a win-win situation and create another miracle. See you at Shenzhen Global Investment Conference on December 8th!

This concludes today’s press conference. The graphic record of the conference will be released in Shenzhen and official platforms such as Shenzhen Government Online. At the same time, there will also be release and video playback on media platforms such as Reading Special, Shenzhen I and Shenzhen I.. Thank you, publishers, and friends from the media, thank you!