On May 28, Secretary of the Municipal Party Committee Jin Lei met with Zhang Weizhong, Secretary of the Party Committee and Chairman of SPD Bank, and his delegation.

Jin Lei thanked SPD Bank for its long-term attention and support to Shenzhen’s reform and development. He stated that Shenzhen is earnestly implementing the decisions and deployments of General Secretary Xi Jinping and the Party Central Committee, accelerating the construction of a pilot demonstration zone of socialism with Chinese characteristics, and creating a model city for a strong socialist modern country. Shenzhen has strong momentum in technological innovation, distinctive characteristics in the financial industry, rapid development of new quality productive forces, and maintains a good development trend in its economy and society. SPD Bank has distinctive features in technology finance and M&A finance, has accumulated rich experience in urban renewal, and has many points of convergence with Shenzhen’s development. It is expected that both sides will further strengthen communication, closely combine their respective advantages and development needs, and promote practical cooperation in depth through concrete actions to achieve mutual benefit and win-win results. Shenzhen will create better conditions for enterprises to develop in the city.

Zhang Weizhong stated that Shenzhen has deep integration of finance, technology, and industry, full of innovative vitality. SPD Bank will base itself on its own strengths, focus on Shenzhen’s needs, comprehensively review cooperation matters, and promote more fruitful results in areas such as technology finance, supply chain finance, inclusive finance, cross-border finance, and wealth finance, jointly promoting high-quality development.

Municipal leaders Zheng Hongbo and Luo Huanghao, and SPD Bank’s Zhang Jian attended the meeting.

Shenzhen

Shenzhen, located in southern China near Hong Kong, transformed from a small fishing village into a global technology hub after being designated as China’s first Special Economic Zone in 1980. Its rapid urbanization and economic growth over the past four decades have made it a symbol of China’s reform and opening-up policy, now home to major tech companies and a vibrant, modern culture. Today, Shenzhen is known for its innovative skyline, thriving startup scene, and as a gateway for international trade and innovation.