Industrial News
Businesses rebound after reopening of checkpoints |
2023-01-10
The stores and eateries at Futian Checkpoint have seen rising business revenues since the checkpoint reopened Sunday.On the first day after the borders reopened, a Hong Kong-style restaurant opposite the Futian Checkpoint building was almost fully packed with diners at around 2 p.m.“Sales have tripled compared with the day before the checkpoint’s reopening,” Huang Jieting, boss of the eatery, said during an interview.Huang anticipate
Expert gives thumbs-up for biomedical industry in SZ |
2022-12-13
China's renowned respiratory disease expert Zhong Nanshan, also the recipient of the Medal of the Republic for his outstanding contribution to the fight against the COVID-19 epidemic, gave Shenzhen the thumbs-up for the city’s rapid growth in biomedical research and innovations, SZTV reported.Zhong gave a video speech at the opening ceremony of the eighth Shenzhen International Biomedical Industry Summit and 2022 Shenzhen Biomedi
SZ strives to become an intl. consumption center |
2022-12-13
Shenzhen has stepped up efforts to become an international consumption center and has taken measures to boost consumption and expand domestic demand.Shopping centers serve as a key engine for consumption. Data suggested that Shenzhen has over 100 shopping malls with over 50,000 square meters and eight of them have achieved annual revenue of over 3 billion yuan (US$430.15 million).Shenzhen now boasts a number of high-end shopping cent
Govt. offers subsidies to help tourism businesses |
2022-12-09
The city has subsidized tourism enterprises with nearly 100 million yuan (US$14.35 million) and has temporarily returned quality deposits of over 400 million yuan to local travel agencies, according to the Shenzhen Municipal Culture, Radio, Television, Tourism and Sports Bureau.The bureau announced Wednesday that it will further assist travel agencies in boosting their business and continue to provide subsidies to the enterprises at
SZ rolls out new measures to spur consumption |
2022-12-09
Shenzhen is taking strong steps to boost consumer confidence and unleash greater consumption potential, in a new move to prop up economic growth, according to a press conference Thursday.Zhou Mingwu, deputy head of the Shenzhen Municipal Commerce Bureau, said at the conference that Shenzhen would begin a new round of subsidy program Friday to boost spending on consumer electronics and home appliances.Consumers can get coupons of the
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