In order to seek opportunities for Sino-Spanish cooperation, promote bilateral exchanges and deepen collaboration, and explore innovative investment cooperation approaches, the “2024 China (Futian, Shenzhen) – Spain (Barcelona) Economic and Trade Cooperation Exchange Event” (hereinafter referred to as the “Event”), hosted by the Shenzhen Futian District Government will be held on September 5, 2024, at Barcelona,Spain.
The event will gather attendees from government bodies and prominent companies of both China and Spain, as well as academic institutions, industry associations, and investment entities. The primary schedule comprises guest addresses, a presentation on the business environment in Shenzhen’s Futian District, the signing of strategic cooperation agreements, and keynote speeches. The District Mayor of Futian District People’s Government of Shenzhen Municipality, Mr. Zhou Jiangtao, along with other leaders, will attend the event. They anticipate engaging in profound dialogue with Spanish representatives, fostering deeper and more multifaceted international collaboration.
Shenzhen
Shenzhen was established as a city in March 1979, and the Shenzhen Special Economic Zone was established in August 1980. Over the past 40 years, Shenzhen has undergone a transformation from a backward border town to a modern international metropolis, creating a miracle in the history of world development. As of 2023, Shenzhen’s regional GDP reached ¥3.46 trillion, growing by 6.0%, ranking among the top in domestic large and medium-sized cities in terms of growth rate. In terms of foreign trade, Shenzhen’s total import and export volume reached ¥3.87 trillion billion, an increase of 5.9%, with exports growing by 12.5%, ranking first among mainland cities for 31 consecutive years.
The rapid economic development is fueled by the emergence of a new generation of forces. With an average age of 32.5 years, the youthful population of Shenzhen provides a continuous source of fresh vitality for the booming development of the high-tech industry, creating tech giants such as Huawei, BYD, DJI, and Tencent. Shenzhen is known as China’s “Silicon Valley,” with its total social R&D investment reaching $26.18 billion in 2023 and leading China’s PCT international patent applications for 20 consecutive years, demonstrating its status as an international innovation center. Shenzhen’s speed is a hallmark of China. The city boasts a complete industrial chain, with significantly accelerated product development cycles from initial concept to continuously improved supply systems.
Futian District, Shenzhen
Futian District is the administrative, cultural, financial, commercial and international exchange center of Shenzhen, with a total area of 78.66 square kilometers. It boasts the greatest economic aggregate among the top districts and counties in China. In 2023, its GDP exceeded RMB 570 billion. So far, its average regional GDP, average regional tax revenue, total retail sales of consumer goods, total import-export volume and added value of financial industry have ranked first in Shenzhen for several years. Futian was rated as the second in the CCID’s “China’s Top 100 Districts” and first in the “Top 100 Districts with Investment Competitiveness” in 2023.
