The acting Minister of Industry, Commerce and Tourism, Reyes Maroto, has met with the Vice Mayor of Shenzhen City, China's main center for innovation and entrepreneurship and one of the most dynamic technology centers in the world.

The objective of the meeting was to reinforce the work of setting up Spanish companies in the area known as the "Silicon Valley of Asia", which took place in the Spain-China Multisector Business Meeting that took place last May in this city. "Shenzhen is a priority area in the strategy of internationalization of the Spanish company, and for that reason we want to expand the participation in future plans of improvement of the infrastructures of the city and of the Great Bay, such as the metro network or the treatment system of water, as well as in sectors such as Smart Cities or renewable energies, "said the minister at the meeting.

Shenzhen is one of the four most developed cities in the country and has experienced the highest economic growth. It is the headquarters of multinationals such as Huawei, ZTE, BYD, DJI, BGI or Tencent. Together with Canton, Hong Kong and Macao, it is integrated into the Greater Bay Area, which aspires to become the world's largest innovation and services center, ahead of Tokyo, San Francisco or New York.

For his part, the vice mayor of Shenzhen, Mr. Lixin Wang highlighted the "fruitful collaboration" of Huawei with Indra and Telefónica, and expressed his willingness to continue deepening economic and commercial relations to take advantage of the complementary advantages. He also highlighted the growing importance of Spain as a European partner, and expressed his willingness to encourage Chinese companies to extend their activity in Spanish territory. Shenzhen is the region with the greatest external vocation in China, and many of its large companies are already established in Spain.

Both delegations agreed to establish an information exchange system that acts as a platform for dialogue and promotion of bilateral cooperation.



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