Industrial News
1,484 SZ firms gear up for global deals at Canton Fair |
2024-10-16
The 136th China Import and Export Fair, popularly known as the Canton Fair, kicked off in Guangzhou, Guangdong Province, yesterday. This year, a record-breaking number of Shenzhen firms are participating, a signal of the city's growing influence in this pivotal event for China's foreign trade.According to the Shenzhen Municipal Bureau of Commerce, 1,484 Shenzhen companies are taking part in the fair's in-person exhibition
City aims for tourism excellence |
2024-09-26
To boost its tourism industry, Shenzhen is gearing up to introduce a range of exciting new sightseeing and leisure experiences, as highlighted at a provincial tourism development conference in Guangzhou yesterday.The city's objective is to evolve into a globally renowned hub for tourism and recreation, supporting its position as a significant consumer center. As part of enhancing visitor experiences, the city plans to further sim
Logistics fair attracts exhibitors from 51 countries |
2024-09-24
Exhibitors exchange views at the 18th China (Shenzhen) International Logistics and Supply Chain Fair, which kicked off at the Shenzhen Convention and Exhibition Center in Futian District yesterday. Lin JianpingThe 18th China (Shenzhen) International Logistics and Supply Chain Fair kicked off at the Shenzhen Convention and Exhibition Center in Futian District yesterday, drawing exhibitors from 51 countries.The fair has brought togethe
New trade-in policy revs up local consumer market |
2024-09-10
Shoppers line up to pay the bill at the JD Home Appliance store in Huaqiangbei in Futian District on Saturday. Daily SunshineResidents check out a BYD car on display at Huangting Square in Futian District. Daily SunshineShenzhen's new round of consumer goods trade-ins has achieved positive results over the past few days, raising market confidence that the increase in consumer spending will help bolster the economy.The city govern
Duty-free store to open in downtown SZ |
2024-08-29
A duty-free store will soon open in downtown Shenzhen, according to interim measures recently released by State agencies that will take effect Oct. 1.The same practice will be mirrored in seven other cities across the country, namely Guangzhou, Chengdu, Tianjin, Wuhan, Xi'an, Changsha, and Fuzhou, according to a statement jointly made by the Ministries of finance, commerce, culture and tourism, the General Administration of Custo
SZ firm launches overseas factory in Indonesia |
2024-08-14
Shenzhen-based battery material manufacturer BTR New Material Group's first overseas lithium-ion battery anode factory has started operations in Indonesia, with Indonesian President Joko Widodo presiding over the opening ceremony.The factory — situated in the Kendal Industrial Park in Indonesia's Central Java province and the first of its kind in Indonesia — is a product of the Belt and Road Initiative's commitment to mut
10 SZ firms make Fortune Global 500 list |
2024-08-06
Ten Shenzhen companies secured spots on the 2024 Fortune Global 500 list, which was unveiled yesterday. The list ranks the world's largest corporations based on their revenue for the 2023 fiscal year.The 10 companies are China Ping An (53rd), Huawei Technologies (103rd), Tencent (141st), BYD (143rd), China Merchants Bank (179th), Vanke (206th), Shenzhen Investment Holdings (370th), SF Express (415th), China Electronics (435th), a
Industrial sector remains main driver of SZ's GDP growth in H1 |
2024-07-31
The added value of Shenzhen's industrial output, an important economic indicator, jumped 12% year on year in the first half of 2024, doubling the provincial growth rate, according to data from the Shenzhen Municipal Statistics Bureau.Shenzhen's economy achieved robust performance in the first half of 2024, with the city's gross domestic product reaching over 1.73 trillion yuan (US$238.56 billion), marking a 5.9% year-on-y
City’s foreign trade surges by 31.7% in H1 |
2024-07-22
Shenzhen's foreign trade surged by 31.7% year on year to 2.2 trillion yuan (US$302.72 billion) in the first half (H1) of this year, retaining the top position in the country, according to Shenzhen Customs.The city's foreign trade accounted for 10.4% of the country's total and 50.4% of Guangdong's total, representing increases of 2 percentage points and 6.9 percentage points, respectively, compared to the same period l
Spain's legendary jamón supplier opens stores in SZ airport |
2024-07-10
Jordi Valls (2nd R), deputy mayor of Barcelona, listens to an introduction while visiting Antuo Hill Depot — Shenzhen Bus Group's benchmark new energy vehicle charging station — yesterday. Two delegations from Barcelona are visiting Shenzhen to explore cooperation opportunities. This year marks the third anniversary of Shenzhen and Barcelona becoming friendly cities and the first anniversary of the opening of a direct flight rout