This file photo taken on Sept 8, 2021 shows the construction site for a transaction center in Qianhai, Shenzhen City, south China's Guangdong Province. (PHOTO / XINHUA)

A British company plans to invest about $1 billion in building a vertical theme park in Qianhai, Shenzhen.

The project is one of the achievements at the 2023 Qianhai Global Investment Promotion Conference London Station held on Saturday.

The meeting attracted more than 50 senior executives and representatives of various industries in London, including the finance, technology, cultural and medical sectors

The meeting, organized by a delegation from the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, attracted more than 50 senior executives and representatives of various industries in London, including the finance, technology, cultural and medical sectors.

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Charles Pettifer, executive chairman of UK-based VTP Global, said he has adopted a vision for China’s future from Qianhai.  The company aims to build a landmark vertical theme park project in the development zone and turn it into a global cultural and tourism destination.

VTP Global, which operates city center entertainment and tourism projects,  specializes in designing and establishing tower destinations.

Sherard Cowper-Coles, chairman of the China-Britain Business Council, told the conference he will lead a delegation to the Chinese mainland in May this year, and hopes to seal a strategic cooperation agreement with the Qianhai Authority then.

Alan Barrell, director of studies at the Cambridge Innovation Academy, also hopes to strengthen cooperation with Qianhai in technological innovation, the commercial transformation of research achievements, and nurturing talents.

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Wang Jinxia, deputy director of the Qianhai Authority, said Qianhai is the “first option” for foreign investors to explore the Chinese market and the Guangdong-Hong Kong-Macao Greater Bay Area to achieve a win-win future.