Industrial News
SZ ranked among world’s top 10 financial centers |
2022-04-21
Shenzhen has made the top 10 in the Global Financial Centers Index (GFCI) ranking recently released by Z/Yen Partners in collaboration with the China Development Institute.The GFCI’s 31st edition provides evaluations of future competitiveness and rankings for 119 financial centers around the world. The GFCI serves as a valuable reference for policy and investment decision-makers.Among the indexes, Shenzhen took the sixth place in the
City fully implements 1st batch of pilot reform measures |
2022-04-20
Shenzhen has made steady headway in building a pilot demonstration area of socialism with Chinese characteristics, with the first batch of 40 pilot reform measures fully implemented, the National Development and Reform Commission (NDRC) said at a press conference in Beijing yesterday.The city is tasked with piloting comprehensive authorized reforms and has been granted with greater autonomy in the reform of important areas and key li
China vows to stabilize industrial, supply chains |
2022-04-19
China's supply and industrial chains must be stabilized amid COVID-19 outbreaks, with local governments helping key companies get back to work, Vice Premier Liu He said at a national teleconference yesterday.He underscored a people-centered approach in related work, and vowed to improve the working and living conditions of logistics employees and offer them financial support.The country will issue sufficient travel permits for dr
【Bailout Policies】Q&As about "30 Bailout Measures" |
2022-04-18
#Improve air capacity and airport cargo collection capacity. A subsidy of 5 million yuan will be given to airline companies for each newly launched domestic regular passenger route, and a maximum of 70 million yuan will be given to each newly opened regular cargo route. Newly opened short-term cargo routes (including charter flights) will be subsidized according to the standard of 500 yuan per ton of outbound cargo, and the
SZ draws returned overseas Chinese talent |
2022-04-15
Shenzhen saw 27,000 returned overseas Chinese students settle down locally last year, an increase of over 30 percent year on year and marking a record high, according to the city’s human resources and social security bureau.The city, home to a bevy of Chinese startups and tech heavyweights, including Huawei and Tencent, is an attractive choice for jobseekers because of its fast developing industries such as software and information t
‘Lighthouse factories’ light up SZ’s industrial future |
2022-04-15
The term “lighthouse factory” appeared for the first time in the newly released government work report. The new term shows Shenzhen’s determination to consolidate manufacturing as its pillar industry and promote the transformation of manufacturing industry through digitization, Shenzhen Economic Daily reported yesterday.Lighthouse factory is known as “the most advanced factory in the world.” As early as 2019, Foxconn, based in Shenzh
Yantian Port trade with RCEP countries up by 13% |
2022-04-15
Shenzhen's trade via Yantian Port reached 10.91 million tons or 391.3 billion yuan (US$61.64 billion) in the first quarter of the year (Q1), data from Shenzhen Customs showed Wednesday.The city’s trade with Regional Comprehensive Economic Partnership (RCEP) member countries reached 29.46 billion yuan, up by 13.1% year on year, despite COVID’s economic impact across the globe.The RCEP is a free trade agreement among the Asia-Pacif
Yantian Port unaffected by recent COVID flare-ups |
2022-04-15
A view of the busy Yantian Port in this photo taken recently. Lin JianpingShenzhen's Yantian Port, the world’s fourth busiest container port, thus far this year has maintained its normal operations as busy and orderly as before the COVID flare-ups in March, a Yantian Port Group executive told Shenzhen Daily in an exclusive interview recently.Concerns were raised by some Western media outlets over potential disruptions in global s
SZ among 1st echelon in e-commerce pilot zone construction |
2022-04-14
A cross-border e-commerce pilot zone in Shenzhen was recently selected by the Ministry of Commerce into the highest echelon in terms of comprehensive construction progress, said the city’s commerce bureau.The Commerce Ministry released its first assessment report for the construction of 105 cross-border e-commerce pilot zones across the country, and 10 ranked in the first bracket.The report aims to guide pilot zones to play a demonst
SZ attracts more foreign investments |
2022-04-14
Nearly 6,000 foreign-invested enterprises were established in Shenzhen in 2021, up by 30% year on year, a source from Shenzhen’s commerce bureau said.The city’s actual use of foreign capital exceeded US$10 billion, up by more than 20% year on year, the report said.So far, Shenzhen had gathered enterprises from 160 countries and regions including 300 in Fortune 500.The number of direct foreign investment projects has reached 100,000 a