a few days ago, a group of over 40 german entrepreneurs gathered in shenzhen and discussed the best ways to seize opportunities to invest and develop in shenzhen given the current economic situation. invest shenzhen introduced the business environment in shenzhen and discussed topics such as the investment environment in new energy and new material sectors and relevant supporting policies. the guests highly recognized the favorable industrial development environment in shenzhen. mr. oliver regner, chief representative of german chamber of commerce in china, south china region, shared his experiences and thoughts on setting up a company in shenzhen. he also expressed his expectations on building a bilateral investment and exchange platform to make it easier for more german enterprises to explore opportunities, make investments and develop their businesses in shenzhen.
in recent years, shenzhen has shown rapid development and enhanced internationalization in its hi-tech industry and attracted a huge number of european and american enterprises to operate in shenzhen. currently more than 130 german enterprises have set up their headquarters or branch offices in shenzhen and the total investment amount reaches up to usd 260 million. meanwhile, local enterprises like huawei, zte and bgi have also set up their headquarters or key r&d institutions in europe.
