The Shenzhen Industrial Investor Conference was held from September 24 to 26 in Futian, with projects involving a total of more than 60 billion yuan (US$8.21 billion) announced during the meeting. 

During the conference, ceremonies were held for various key projects involving insurance funds, national-level funds, domestic and foreign financial enterprises to be settled in Shenzhen. A cooperation deal between Shenzhen and the National Social Security Fund Council was also announced.

Shenzhen offered more than 300 strategic emerging industrial projects to potential investors through on-site inspections and one-on-one financing exchanges to encourage investors to increase their investment in Shenzhen and guide venture capital firms to make investment in small and medium-sized enterprises in the city. 

Shenzhen also officially launched the comprehensive service platform for industrial investors and the fund investment service mechanism, implementing multiple measures to facilitate financing process and continuously provide high-quality policies and service environment for the development of the venture capital industry.

One of the highlights of the conference was the announcement that the "Guangdong-Hong Kong-Macao Greater Bay Area Science and Technology Innovation Special Fund," solely funded by the National Social Security Fund Council that has teamed up with Shenzhen’s city government, has officially started operation.

The fund will focus on supporting science and technology companies in the Greater Bay Area to carry out key core technology breakthroughs and the transformation of scientific and technological achievements, accelerating the achievement of high-level technological self-reliance. 

The establishment of this special fund will effectively drive investment from all sectors of society, continuously increase investment in strategic emerging industries, help build the international science and technology innovation center in the Greater Bay Area and provide strong impetus for the high-quality development of industries in the Greater Bay Area.

Futian introduced 18 companies, including DeepRoute.ai Ltd., Rayson Technology Ltd. and HOSIN Global Electronics Co., to investors during a on-site inspection tour in a bid to allow investors to better understand the industrial conditions in Futian and give them more first-hand information on these firms.

Futian is the central urban area of Shenzhen. In recent years, the district has accelerated the construction of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, the Xiangmihu new financial center and the central park vitality circle.

The district has also been promoting three major industries of scientific and technological innovation, finance and fashion. It aims to become the "central innovation zone," "central business district" and "central vitality zone" to attract global investors with a distinctive industrial system, substantial policy support and a favorable business environment.

Currently, Futian is home to four Fortune 500 companies, 110 municipal-level firms with their headquarters in the district and 283 licensed financial institutions. The district also houses the first "national + local + foreign" venture capital cluster block in the Guangdong-Hong Kong-Macao Greater Bay Area --- the Xiangmihu International Venture Capital Street.