Industrial News
Govt. makes all-out efforts to achieve economic growth |
2022-12-07
Shoppers stroll at One Avenue shopping center. Zhong HuadengGovernment departments across the city are now making all-out efforts to achieve their economic and social development goals this year, Shenzhen Evening News reported.The Shenzhen Municipal Development and Reform Commission on Monday released measures to promote photovoltaic projects. It is stated in the measures that the city will make full use of industrial parks, factorie
SZ’s targeted policies help boost consumer spending |
2022-12-07
Shenzhen has posted dazzling consumer spending figures driven by a package of incentives designed to encourage consumption and maintain economic growth, Shenzhen Economic Daily reported.According to the latest statistics, the total retail sales of consumer goods in Shenzhen reached 796.483 billion yuan (US$113.94 billion) from January to October, up 2.4% year on year.Since the beginning of this year, Shenzhen has unveiled a raft of p
Futian introduces 62 projects worth ¥120B |
2022-11-29
Futian District held a promotion conference Saturday to bring in investment and talents, attracting over 4.1 million internet users to watch the event and its relevant topics garnered 125 million views online, DT News reported. During the conference, Futian announced that 62 projects have been signed this year, introducing a total investment of 120.5 billion yuan (US$ 16.75 billion) to the district.Futian is stepping up the deve
City leads country in manufacturing innovation |
2022-11-24
Shenzhen is now home to two national manufacturing innovation centers and will partake in establishing another in Chengdu, capital of Southwestern China’s Sichuan Province, tying Beijing for first place in the country, local legislators were told at a briefing meeting Tuesday.A guidance issued in 2020 by the State Council on supporting Shenzhen in building a pilot demonstration zone for socialism with Chinese characteristics has clar
Meeting encourages more international exchanges |
2022-11-24
Representatives from member organizations of the Shenzhen People’s Association for Friendship with Foreign Countries have unanimously agreed that concerted efforts should be made to further strengthen exchanges between Shenzhen and other nations, according to the association’s autumn meeting held in Nanshan District on Tuesday.The meeting aimed to mobilize all walks of life in Shenzhen to actively participate in international exchang
Shenzhen, a rising global financial center |
2022-11-24
A bird’s-eye view of Shenzhen CBD in Futian District, which is home to a large number of financial institutions. Sun YuchenShenzhen moved up one place to clinch the ninth spot among world financial centers, according to the 32nd edition of the Global Financial Centers Index (GFCI 32) published by Z/Yen Partners in collaboration with the China Development Institute recently.For the last 16 years, GFCI has been published twice a year,
SZ ranks No.3 in R&D input |
2022-11-18
Shenzhen's investment in research and experimental development (R&D) reached 168.2 billion yuan (US$2.36 billion) in 2021, up by 11.3% year on year, ranking third among major Chinese cities after Beijing and Shanghai, according to data released by the Shenzhen Municipal Statistics Bureau.Shenzhen’s R&D input accounted for 5.49% of the city’s GDP, up by 0.03 percentage points over the amount in 2020.The R&D input scale
SZ businesses seek opportunities overseas |
2022-11-10
A delegation of 29 people from 18 Shenzhen enterprises left for Indonesia yesterday to participate in the OCTF 2022 (Jakarta) Intelligent Technology Exhibition that is scheduled to be held from tomorrow until Sunday.The group is one of the three delegations that are venturing out in search of business opportunities overseas in November despite headwinds from the COVID-19 pandemic and challenges threatening the recovery of the global
SZ presents business environment at expo |
2022-11-08
As a foreign trade powerhouse, Shenzhen presented its business environment at an international cooperation forum and investment promotion meeting at the China International Import Expo (CIIE) on Sunday, showing the resilience and vitality of the city’s importers and exporters to global investors, Shenzhen Economic Daily reported.Shenzhen will keep improving its innovation ecosystem to help its market entities grow and prosper. It wil
Shenzhen sees rise of coffee economy |
2022-10-24
The number of coffee-related companies in Shenzhen has reached 9,651, taking the lead among Chinese cities, according to data released by Qcc.com, a company information search platform.For many citizens, coffee now has become a priority in the morning to help kick off their day.According to a white paper on China’s freshly ground coffee industry, the coffee penetration rate in China’s first and second-tier cities reached 67%, equival