A high-profile delegation from a Chinese city known as the capital of crowdfunding is to visit Liverpool to explore opportunities for collaboration in big data, crowdfunding and tourism.

The group of 24 delegates from Guiyang, the capital of Guizhou Province in China’s south west, will include the city’s deputy mayor, Wang Yuxiang. The delegation will tour Liverpool’s booming creative and tech clusters, and meet with city leaders during the visit on Friday.

The group will also meet a number of local companies looking for international investment during the visit, organised by Liverpool’s inward investment agency, Invest Liverpool.

Ellen Cutler, director of Invest Liverpool

Ellen Cutler, director of Invest Liverpool

The visit comes on the back of a recent trip to Guiyang conducted by Liverpool vice mayor Gary Millar, cabinet member for Business, Enterprise and Investment, and Ellen Cutler, head of Invest Liverpool and, earlier this year to encourage trade, investment and other forms of cooperation between enterprises in both cities engaged in the crowdfunding, big data and high technology sectors.

A friendship agreement to formalise the link between the two cities will be also signed by Gary Millar and Wang Yuxiang during the visit. The agreement will strengthen relations between Liverpool and Guiyang, as the cities look to develop and maximise opportunities for mutually beneficial projects and activities and encourage trade and investment.

Ellen Cutler, director of Invest Liverpool, said: “We’re excited to welcome this delegation from one of the world’s crowdfunding hotspots to Liverpool and to be furthering the city’s already strong relationship with China.

“The strength of Guiyang’s crowdfunding sector, coupled with Liverpool’s deep-seated entrepreneurial spirit, is a combination that has real potential, both for investors and for the innovative businesses that abound in the Liverpool City Region.”