An event aimed at connecting Chinese private enterprises with Latin American market opportunities was held on Wednesday in Shenzhen’s Luohu district.
Hosted by the Shenzhen Development and Reform Commission and organized by the Luohu District Development and Reform Bureau, the event marked the city’s first initiative under China’s newly enacted Private Sector Promotion Law.
Titled the “Shenzhen Supply-Demand Matchmaking Event to Support Private Enterprises Expanding into International Markets (Latin America Special Session),” the event featured thematic presentations and roundtable discussions, offering insights into Latin America within the context of the Belt and Road Initiative.
More than 100 attendees — including private entrepreneurs and representatives from professional service institutions — participated to explore business opportunities and challenges in the region.
A key highlight was the release of a curated list of 31 major trade exhibitions in Latin America. Covering countries such as Mexico, Brazil, Chile and Colombia, the list spans industries including solar energy, plastics, automotive parts, construction materials and healthcare, providing valuable references for Chinese enterprises planning to enter or expand in the region.
Shenzhen’s private economy plays a pivotal role in the city’s development, contributing around 40% of fixed asset investment, over 50% of tax revenue, nearly 60% of added value, more than 70% of trade volume, and over 90% of both employment and registered businesses.
With the Private Sector Promotion Law now in effect, Shenzhen is optimizing its support system through a “policy + service + platform” model to lower the threshold for international expansion and provide comprehensive backing for private enterprises.
The Luohu Enterprise Global Expansion Service Platform will continue enhancing its service capabilities. In collaboration with overseas institutions, it aims to build stronger trade networks, foster a cooperative ecosystem, and offer long-term resources to support the city’s private sector going global.