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Mawan Container Port throughput up by 50% | 2022-08-24
Mawan Container Port’s TEU (twenty-foot equivalent unit) throughput reached 1.86 million units between January and July, up by 49.7% year on year, customs data showed Tuesday.The container port, the country’s first fully automated port upgraded from a traditional port, is also the first 5G-based smart port in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Since it was put into operation at the end of last year after upgrading,
276 more SZ firms listed as national ‘little giants’ | 2022-08-24
A total of 276 Shenzhen’s enterprises were recently selected in the fourth batch of State-level technologically advanced “little giant” companies, the most ever, data from Shenzhen’s small and medium-sized enterprises service bureau showed.So far, Shenzhen’s number of national “little giant” firms has reached 445.A “little giant” refers to small and medium-sized leading enterprises with great growth potential specializing in niche ma
City’s new business formats abound with job opportunities | 2022-08-18
New business formats represented by online service-oriented platforms are flourishing in Shenzhen, spurring the creation of new jobs for different groups, Shenzhen Special Zone Daily reported yesterday.New technologies give birth to new business formats, which in turn bring about new occupations that recruit a large number of people. In Shenzhen, over 300,000 people are couriers, takeout deliverymen, truck drivers and online taxi dri
City takes lead in entrepreneurship density | 2022-08-18
Shenzhen has taken the lead in entrepreneurship density and ranked first for six straight years in the Entrepreneurship and Innovation Comprehensive Index, according to the 2021 Mass Entrepreneurship and Innovation Research Report released recently.Data showed that the city now owns 570 incubators for science and technology enterprises and has hatched 8,333 enterprises, while the other 6,996 are still underway. The enterprises has pr
Shenzhen’s market entities exceed 3.8M by end of July | 2022-08-17
The number of market entities registered in Shenzhen exceeded 3.8 million by the end of July, up 4% year on year, according to Shenzhen Special Zone Daily.The number of Shenzhen’s market entities has grown from less than 1 million to around 3.835 million within a decade. The total amount of Shenzhen’s market entities has ranked first among big and medium-sized cities in China for many years.The rapid growth of market entities is empo
District-level consumer festivals in full swing | 2022-08-16
With the 2022 Shenzhen Shopping Season in full swing, district-level consumer festivals have begun one after another, aiming to further encourage residents’ consumption.This year, Luohu District launched its first nighttime fashion consumer festival to promote the night economy and introduce new night spending hotspots.During the festival, various events are being held at its main venue at Dongmen Pedestrian Street, as well as at Yin
SZ named national demonstration city for IP protection | 2022-08-11
Shenzhen has been named a national demonstration city for intellectual property (IP) protection, according to a list unveiled by the China National Intellectual Property Administration.A total of 38 cities across the country have been included in the first batch of demonstration cities for IP protection.In addition to Shenzhen, another two cities in Guangdong Province — Guangzhou and Foshan — were also on the list.Shenzhen’s IP index
10 SZ-based firms enter Fortune Global 500 list | 2022-08-04
Ten Shenzhen-based companies have made it into the Fortune Global 500 list for 2022, two more companies than last year’s figure. The list, which ranked the world’s largest companies by revenue for fiscal year 2021, was released by business magazine Fortune yesterday.The 10 companies are China Ping An (25th), Amer International Group (76th), Huawei (96th), Tencent (121st), China Merchants Bank (174th), China Vanke (178th), China Elect
SZ’s banking sector ranks 3rd in total assets in H1 | 2022-08-02
In the first half (H1) of the year, Shenzhen’s banking sector ranked third among large and medium-sized Chinese cities in terms of total assets, as well as deposits and loans, according to the Shenzhen office of the China Banking and Insurance Regulatory Commission (CBIRC), Shenzhen Economic Daily reported.The CBIRC data for H1 showed that Shenzhen’s total banking assets stood at 12.01 trillion yuan (US$1.77 trillion) by June 30, up
Urban renewal project under construction | 2022-07-29
An aerial view of the construction site of an urban renewal project at Prince Bay in Nanshan District on Wednesday. Braving the scorching heat, workers at the construction site were contributing their part in the construction of a coastal garden-like space in the Prince Bay area. Authorities in Nanshan have set their eyes on building a “smart Prince Bay” featuring intelligent transportation, energy, security and administrative servic
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