- Xinhua Silk Road: The Shenzhen Trade Promotion Conference in Madrid, witnessing the contracting of 13 investment projects

BEIJING, March 22, 2023/PRNewswire/ -- The China (Shenzhen)-Spain (Madrid) Economic and Trade Exchange and Cooperation Conference organized by the Shenzhen Municipal People's Government was recently held in Madrid, the capital of Spain.

The event witnessed the signing of 13 cooperation projects in the areas of trade and commerce, new energy vehicles, communications, finance, sports and others, with a total investment of around 1 billion euros.

In recent years, economic and trade relations between China and Spain have progressed solidly. The volume of goods trade between China and Spain exceeded 50 billion US dollars for the first time in 2022, maintaining a good development momentum.

Qin Weizhong, Mayor of Shenzhen, hoped to strengthen pragmatic cooperation between the two sides in investment and trade, scientific and technological innovation and other fields in a comprehensive manner, and continuously expand cooperation in culture, tourism, sports and other fields to achieve mutual benefit. and good results for all parties.

Laura Jarillo, D.D.G. from Asia, Europe outside the European Union and Oceania pointed out that Spain is at the forefront in renewable energy, environment, automotive and other sectors, and that there are currently hundreds of Spanish companies operating in the consumer, service, industrial and technological in China. At the same time, several leading companies from Shenzhen came to invest in Spain. She believes that this exchange meeting will help the two sides to achieve greater cooperation.

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