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during the 5th china (shenzhen) it leader summit, china's leading integrated it service provider digital china decided to locate its hq in shenzhen. with predicted revenues of rmb10 billion in 2014, digital china signed a strategic agreement with shenzhen municipal government yesterday afternoon. shenzhen mayor xu qin and digital china chairman guo wei were present at the signing ceremony.
invest shenzhen has taken digital china headquarters project as one of the major follow-up projects, setting up a special work team to confirm partnership details, investment structure, and payment methods. as the result of joint efforts and coordination, the two parties signed an agreement during the it leader summit this year.
digital china hq will be responsible for investment, global business operations, and the development of smart china and industry base. digital china also plans set up an investment company in shenzhen as the hq's functional arm and global operation center. it also plans to establish a number of subsidiaries in shenzhen to provide financial services that include providing guarantees and financial leases for industry chain customers, and exploring the development of capital operations.