Industrial News
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
SZ reduces firms’ burden by ¥50B |
2022-07-29
Shenzhen's broad package of measures to help its local economy hit by the COVID-19 pandemic had reduced enterprises’ financial burdens by over 50 billion yuan (US$7.4 billion) in the first half (H1) of the year, Dai Jintao, Party chief of the Shenzhen Municipal Finance Bureau, said on a radio program recently.Of the total, more than 29 billion yuan was handed out directly by the finance department as inclusive subsidies and speci
SZ’s GDP hits ¥1.5T in H1 |
2022-07-28
Shenzhen's GDP rose by 3% year on year in the first half (H1) of the year to 1.5016 trillion yuan (US$222 billion), achieving a steady economic growth despite COVID disruptions, the local statistics bureau said Tuesday.From January to June, the city effectively coordinated pandemic prevention and control and economic and social development, and its economy registered a stable performance with good momentum for growth, the bureau
Bonded areas’ exports up |
2022-07-22
The trade volume of Qianhai, Yantian and Pingshan bonded areas reached 160.6 billion yuan (US$23.74 billion) in the first half (H1) of the year, up 9.8% year on year, showing the areas’ potential and resilience in foreign trade.In Qianhai Integrated Bonded Area, Shenzhen Customs introduced the Multi-Country Consolidation (MCC) method, a cost-effective solution consolidating cargo from different countries of origin to build full conta
Shekou block recognized for nighttime consumption |
2022-07-21
The Shekou coastal cultural and creative block is among the second batch of national nighttime culture and tourism consumption areas announced recently by the Ministry of Culture and Tourism.A total of 123 projects across the country were selected as part of the second batch of national nighttime culture and tourism consumption areas. Among them, six are from Guangdong Province, and Shekou coastal cultural and creative block is the c
Shenzhen pioneers in cloud platform of IPR protection |
2022-07-20
The Shenzhen Administration for Market Regulation has taken the lead in building an online intellectual property rights (IPR) protection platform in China, which enables information technology to play a greater role in e-commerce IP-related disputes, Shenzhen Economic Daily reported yesterday.Tang Qinzong, an IPR inspection official from the administration, said that law enforcement is made more difficult due to the virtual, cross-re
SZ tops nation in output value of industry |
2022-07-20
Shenzhen's total output value of industrial enterprises above designated size jumped from 2 trillion yuan (US$297 billion) in 2011 to over 4.1 trillion yuan in 2021, ranking the first among the country’s large and medium cities.The growth over the past 10 years has thus made Shenzhen the country’s first industrial city, Shenzhen Special Zone Daily reported yesterday.Shenzhen’s industrial added value, an important economic indicat
SZ, Hong Kong to deepen business, legal cooperation |
2022-07-19
Around 100 Hong Kong representatives from business and legal circles and over 20 Shenzhen representatives from legal circles discussed ways on deepening business and legal cooperation between the two cities at a forum simultaneously held in two venues in Shenzhen and Hong Kong on Saturday.Zeng Pai, a member of the Standing Committee of the Shenzhen Municipal Committee of the CPC and director of Qianhai Authority, said in his speech t
75 intl. S&T independent cooperation projects funded |
2022-07-14
Shenzhen pumped 37.48 million yuan (US$5.57 million) into 75 independent cooperation projects on international science and technology (S&T) cooperation Tuesday, Shenzhen Economic Daily reported.Geared toward production-learning-research, these independent cooperation projects have been launched by the city’s colleges and universities, and R&D institutes and enterprises. They have jointly set up laboratories and conducted R&am