Investors and representatives from financial institutions at home and abroad attended a promotion event in Longhua District that explored policies related to qualified domestic investment enterprises (QDLF), qualified foreign limited partners (QFLP) and wholly foreign owned enterprises (WFOE) on July 16.

In addition to 30 domestic representatives, seven investors from Hong Kong and Macao special administrative regions including the Hong Kong Venture Capital and Private Equity Association and Parafuturo de Macau Investment and Development Limited and eight investors from Singapore also attended the event via video link.

It was the first timethat Longhua District held an exclusive event for QDLF, QFLP and WFOE enterprises and their relevant preferential policies and business environment. The event facilitated investors both at home and abroad to set up their businesses in the district, promoted the development of its newly-emerged and digital finance industries, attracted more capital management institutions, innovative projects and financial talents to Shenzhen, and drew upon the experience shared by Hong Kong and Macao finance agencies to help local enterprises obtain overseas financial support for their globalization.

A scene at the promotion conference on qualified domestic investment enterprises (QDLF), qualified foreign limited partners (QFLP) and wholly foreign owned enterprises (WFOE) held in Longhua District on July 16. Couretsy of Longhua Media Center

Accordingto a staffer with the Longhua District Investment Promotion and Enterprise Service Center, the district is forging ahead with the integration of financial industries with its digital and brick-and-mortar economy, and in the future will organize more promotion conferences on financial industry and match-making sessions between banks and enterprises.

The representatives alsomade conference sideline visits to the big data operation center of Meituan and to the Guangdong High-Performance Medical Apparatus and Instruments Innovation Center.

The event was guided bythe Shenzhen Municipal Commerce Bureau and the Shenzhen Municipal Local Financial Regulatory Bureau and was organized by the Longhua District Investment Promotion and Enterprise Service Center and the Longhua District Financial Works Bureau.