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Shenzhen establishes 5b yuan fund to boost semiconductor industry development | 2025-05-15
China's innovation and technology hub, Shenzhen in South China's Guangdong Province, has established a 5 billion yuan ($694 million) investment fund for the semiconductor and integrated circuit industry, aimed at boosting regional development in this cutting-edge field.The move reflects the city's commitment to fostering the self-reliance of the semiconductor industry through expanded research and development, said an ind
Global Service Center launched in Nanshan | 2025-05-14
The Global Service Center was officially launched on April 29. It provides one-stop assistance for foreign funded enterprises to the Chinese market and domestic enterprises to seek overseas expansion. It’s a comprehensive service platform established under the guidance of Shenzhen's Nanshan District Government on international collaboration.The center acts as a service window for foreign investors, p
China to establish new fast IPR protection service center to foster innovation | 2025-05-12
An opening ceremony is held at the main exhibition site of the 2021 Shenzhen Design Week in Shenzhen, south China's Guangdong Province, Dec. 25, 2021.  China's network of fast intellectual property rights (IPR) protection service centers is set to expand, as a new national-level center has this week been approved for establishment in the innovation hub of Shenzhen, the country's top IP regulator said.The new cen
Shenzhen cuts housing provident fund interest rates | 2025-05-09
Shenzhen cut the individual housing provident fund loan interest rate by 0.25 percentage points on May 8. The move was announced by the Shenzhen Housing Provident Fund Management Center in alignment with the People's Bank of China's policy adjustment.The Leyoujia Research Center estimates that under the new rates, a first-time homebuyer with two children opting for a pure provident fund loan of RMB 2.09 million unde
Shenzhen Metro Line 17 sees major construction progress | 2025-05-09
The main structure of Danzhutou Station was successfully capped on April 27, following the completion of the final concrete pour. This is the first completed station of Phase I of Shenzhen Metro Line 17.Situated at the intersection of Longgang Avenue and Baoguan Road, Danzhutou Station is adjacent to the existing Line 3 Danzhutou Station, which will provide passengers with convenient transfer option
SZ’s inbound tourism orders saw an 188 percent surge during May Day Holiday | 2025-05-07
According to the statistics from the Culture, Media, Tourism and Sports Bureau of Shenzhen Municipality, during the May Day holiday, Shenzhen received a total of 6.9636 million tourists, marking a year-on-year increase of 36.3 percent. The city achieved a tourism revenue of 5.432 billion RMB, with a year-on-year growth of 40.8 percent.All sorts of parks, cultural and tourism villages, as well as exhibitions in Shenzhen have become ho
SZ research samples brought back to Earth | 2025-05-06
Samples from an experimental research conducted by Shenzhen scientists aboard China’s Tiangong space station have been brought back to Earth by the Shenzhou-19 return capsule.Led by Lei Xiaohua — a researcher from the Center for Energy Metabolism and Reproduction at the Shenzhen Institutes of Advanced Technology (SIAT) under the Chinese Academy of Sciences (CAS) — the study focuses on the 3D growth and development of human pluripoten
Shekou hosts oral health event for expats | 2025-04-30
Three foreign dental professionals gathered in Shekou on the night of April 27 to share essential oral care knowledge with expat residents, who often face challenges in maintaining oral health due to unfamiliarity with the local health-care system and language barriers.The event, organized by the Shekou Management and Service Center for Expats (Shekou MSCE), featured Dr. Milson Toscano and Dr. Mariana Gatto, from Brazil, and Dr. Jova
Shenzhen’s economy expands 5.2% in Q1 | 2025-04-29
Shenzhen’s economy got off to a strong start in the first quarter of 2025, underpinned by solid growth in high-tech industrial output. Official data released by the city’s statistics bureau on April 28 show that Shenzhen’s GDP grew to 895.05 billion yuan (US$122.62 billion) from January to March, an increase of 5.2% year on year. During the period, the city saw the establishment of 2,342 new foreign-invested firms, marking
SZ, Uruguay strengthen economic ties | 2025-04-28
Representatives from local companies engaged in discussions with members of an Uruguayan delegation to explore potential business opportunities during the Shenzhen-Uruguay Economic and Trade Cooperation Exchange Conference, which was held on April 25 at the Longhua International Cooperation Center (LICC).The conference aimed to foster business collaborations between Uruguay, Shenzhen, and Longhua District and support local firms in e
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