The Luohu held a press conference to celebrate the fifth anniversary of its biweekly news conference as well as its reform and innovation culture on July 29.
This is to encourage Luohu, the first district founded in Shenzhen, to carry on its reputation as a pioneer in reform and continue to contribute to the reform and development of the city.
Moreover, Luohu rolled out its 2022 new industrial policies on June 9. According to the policy, Luohu will provide various kinds of subsidies to support the enterprises’ development, with the highest subsidy for each enterprise being as high as 100 million yuan ($14.8million), a landmark investment among all districts in Shenzhen.