Luohu has made marked progress so far this year in promoting high-quality development.

Local authorities aim to build the district into a core zone for international consumption, a pioneer zone in Shenzhen-Hong Kong integrated development, and a demonstration zone for the agglomeration of modern service industries. 0

Luohu has signed contracts with six industrial funds and built five financial industry platforms.

In the Shenzhen-Hong Kong economic and trade promotion fair, Luohu has inked cooperation memorandums with partners from Hong Kong in many fields and launched some pro-consumption initiatives by providing consumption subsidies as well as launching a digital renminbi cross-border use project for inbound visitors from Hong Kong.

After COVID-19 protocols are optimized, customs clearance with Hong Kong through Luohu has fully resumed, promoting the recovery of consumption and commercial activities in all major business circles in the district.