“Global investors are seizing a new round of opportunities arising from the development of new quality productive forces,” Wang Jinxia, deputy director of the Qianhai Authority, told China Economic Roundtable, an all-media talk platform hosted by Xinhua News Agency.<\/p>\n
First introduced in 2023, new quality productive forces refer to advanced productivity freed from the traditional economic growth mode and productivity development paths. It features high-tech, high efficiency and high quality.<\/p>\n
Official data shows that Qianhai, situated in the southern metropolis of Shenzhen, Guangdong Province, is now home to over 10,000 foreign-invested firms.<\/p>\n
Wang noted that as China remains the world’s largest market, the development of new quality productive forces continues to generate market demand, attracting a growing number of global investors.<\/p>\n
The development of new quality productive forces enables global investors to play a greater role in the latest round of technological revolution and globalization, Wang said.<\/p>\n
Looking ahead, Wang added that Qianhai would work to elevate its institutional opening up, and cooperation and innovation efforts to higher levels.<\/p>\n
“We are poised to transform Qianhai into a powerhouse driving China’s high-quality development by accumulating global resources, advancing innovation, and pursuing coordinated growth,” he said.<\/p>\n
China’s State Council released a development plan in 2010, aiming to build Qianhai into a demonstration zone for modern service industry innovation and cooperation between Guangdong and Hong Kong.<\/p>\n
Years into its development, Qianhai is now renowned for its roles as an airport and seaport hub, a venue for conventions and exhibitions, and as a provider of modern services.<\/p>\n","protected":false},"excerpt":{"rendered":"
BEIJING, June 24 (Xinhua) — Foreign companies have invested over 40 billion U.S. dollars in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (shortened as Qianhai), according to a local official.<\/p>\n","protected":false},"author":62,"featured_media":2000072453,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[101],"byline":[235],"hashtag":[],"class_list":["post-50884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-internationl","byline-xinhua"],"bylines":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"contributors":[{"id":235,"name":"Xinhua","slug":"xinhua","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":80}],"featured_image":{"id":2000072453,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/fa1e8ec7c3.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/fa1e8ec7c3.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/fa1e8ec7c3.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/fa1e8ec7c3.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/fa1e8ec7c3.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/fa1e8ec7c3.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/50884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=50884"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/50884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000072453"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=50884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=50884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=50884"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=50884"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=50884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}