Shenzhen Shekou port

SHENZHEN, Jun 23 (FAM) – Major companies in Shenzhen are expanding to cope with growth opportunities thrown up from the Belt and Road Initiative and international projects are opening up for businesses in industries such as infrastructure, logistics, information technology and financial services.

“To reap the benefits from its harbor location, Shenzhen is boosting connectivity with countries and regions related to the Belt and Road Initiative by implementing projects in trade, logistics, air transport and the information sector,” said Wu Sikang, director of the Shenzhen Development Research Center.

Shenzhen is one of China’s most vibrant cities and is actively encouraging Chinese companies to develop a Going Global strategy. Already many firms are involved in putting together logistic networks, Wu confirmed. Shenzhen Yantian Port Group Co Ltd has signed a memorandum of understanding to take part in the Melaka Gateway Port project in Malaysia.