[cs_content _p=’7143′][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]In a strategic effort to expand global trade and investment, Luohu District, located in Shenzhen, Guangdong Province, sent a delegation to Portugal and Spain to explore economic and trade opportunities. The visit follows a successful Asia-Pacific tour, with the latest initiative focusing on building strong ties in the European market.
Portugal Welcomes Luohu Delegation
On Thursday, the China (Shenzhen, Luohu) – Portugal (Lisbon) Economic and Trade Cooperation and Exchange Conference was held in Lisbon, drawing participation from over 30 prominent Portuguese companies and institutions. These included key players like the Oveiras Valley Investment Agency (OVIA) and the Timing Group, highlighting the interest in collaboration across diverse sectors such as healthcare, finance, media, business services, and cultural tourism.
Luohu, known for its vibrant finance, commerce, and business services sectors, is looking to strengthen partnerships that will further drive its global presence and economic growth. The district’s thriving service industry, accounting for 94% of its GDP, is a key driver of this expansion, supported by more than 100 licensed financial institutions, including PwC, EY, and Deloitte.
Expanding Luohu’s Global Influence
As part of its strategic outreach, Luohu is promoting its key sectors, including medical aesthetics, life sciences, and health management. The district has invested heavily in these areas, focusing on precision medicine, innovative drugs, and high-end medical devices. In 2023, 32 innovative medical platforms were established, including the Shenzhen-Europe Innovation Medicine and Health Research Center, which collaborates with the Shenzhen Institute of Advanced Technology of the Chinese Academy of Sciences. This center has attracted international talent, further driving innovation in Luohu.
Luohu is also committed to boosting its medical cosmetology industry. In 2023, the district introduced 10 measures to enhance the sector, supporting the development of a medical aesthetics hub and promoting high-quality services both online and offline.
Strengthening Ties with Europe
During the delegation’s visit, the Luohu government highlighted its focus on improving the business environment and services to attract both domestic and international investors. The delegation engaged with industry leaders such as the Global Media Group, Joinko Group, and EFG International in Lisbon, showcasing the district’s dedication to fostering global partnerships.
The Luohu delegation’s visit to Portugal and Spain is a significant step toward deepening international collaboration, particularly in sectors where Luohu excels, including healthcare, finance, and cultural tourism.
Luohu’s Future Vision
As Shenzhen’s Luohu District continues to expand its global presence, it aims to build stronger international trade and investment ties. The district’s efforts to connect with European markets underscore its commitment to innovation, collaboration, and economic development. With strategic outreach initiatives like this, Luohu is poised to play a pivotal role in driving global trade partnerships and fostering long-term economic growth.\n\n[/cs_content_seo][/cs_element_layout_column][/cs_element_layout_row][/cs_element_section][/cs_content]
