Industrial News
SZ shows strongest consumer power in GD during shopping fest |
2023-11-13
The Double Eleven shopping festival has once again ignited consumers' shopping enthusiasm, revealing the robust potential and vitality of the Chinese consumer market. According to relevant data, Guangdong has ranked first in both purchasing power and the number of shoppers nationwide, with Shenzhen standing out as the city with the strongest purchasing power in the province, Shenzhen Special Zone Daily reported.As of 11:59 p
SZ delegation to ink procurement deals of over US$5B at import expo |
2023-11-08
The Shenzhen delegation is expected to see an estimated procurement amount of up to US$5 billion at the ongoing sixth China International Import Expo (CIIE) in Shanghai, according to the Shenzhen Municipal Commerce Bureau.CIIE, the world's biggest import fair, kicked off in Shanghai on Sunday, with over 3,400 global exhibitors gathering at the six-day expo.During CIIE, the Shenzhen delegation is scheduled to hold seven supply-dem
Medical insurance contributions reduced overall to boost business environment |
2023-11-06
Starting Oct. 2023, the Measures of the Shenzhen Municipality on Medical Insurance (hereinafter referred to as the Medical Insurance Measures) has officially taken effect.The Medical Insurance Measures regulates the medical insurance system, establishing separate systems for basic medical insurance for employees and basic medical insurance for residents. Among them, the basic medical insurance for employees is divided into two tiers
City's GDP expands to exceed ¥2.4T in first three quarters |
2023-10-31
The Huiyun Center (C) in the Shenzhen Bay Superheadquarters Base is seen in this picture taken in June. Facing Hong Kong across the sea, the base is one of the most important urban areas being developed in Shenzhen, occupying a total area of 1.174 million square meters. The base is aimed at becoming a model of a future city that integrates a global headquarters gathering place, a metropolitan cultural hub, an international exchange c
China’s 1st digital RMB industrial park operational in Luohu |
2023-10-13
As a key step in promoting the nation’s digital currency, Shenzhen launched China’s first digital renminbi (RMB) industrial park in Luohu District on Wednesday, with the first batch of nine financial companies ready to settle in, Shenzhen Special Zone Daily reported.The Shenzhen Digital RMB Industrial Park aims to fully leverage the driving and demonstrative roles of leading enterprises through government guidance and market orientat
SZ’s economy continues steady recovery |
2023-10-09
Shenzhen’s key economic indicators, including industrial production, fixed asset investment, market sales, and exports, all witnessed steady growth from January to August, marking a sustained recovery and a steady improvement in development quality.According to data released by the Shenzhen Municipal Statistics Bureau, during this period, the added value of industries at and above the designated scale increased by 4.2% year on year.A
German firms seek cooperative opportunities in Shenzhen |
2023-09-18
A delegation of 40 companies from Germany’s Thuringia and Saxony-Anhalt regions wrapped up their visit to Shenzhen on Friday after delving into the city’s business landscape, technological achievements, and exploring potential partnerships with local enterprises.The visit was organized by the Shenzhen Municipal Committee of the China Council for Promotion of International Trade (CCPIT-Shenzhen) in collaboration with the German Chambe
UAE zone expects more cooperation with SZ |
2023-09-15
Ramy Jallad, Group CEO of Ras Al Khaimah Economic Zone (RAKEZ) in the United Arab Emirates (UAE), said he is looking forward to seeing increased bilateral investment and technological cooperation between RAKEZ and Shenzhen in the very near future.Jallad made the remarks in an exclusive interview with Shenzhen Daily recently, as he led a delegation to Guangdong Province and visited the cities of Guangzhou, Shenzhen and Dongguan in a b
Annual shopping festival kicks off to spur consumption |
2023-08-11
Citizens take a stroll at Shenzhen Shopping Festival Brand Block at Shenzhen MixC Qianhai on Thursday. The block features 20 brands from Shenzhen and Hong Kong. Zhang YuThe city’s annual three-month shopping festival kicked off at Shenzhen MixC Qianhai on Thursday, with a wide range of promotional campaigns and activities for consumers to indulge in a shopping frenzy.Spanning from August to October, with a different theme each month,
Industrial investment up 47.5% in first six months |
2023-08-01
In the first half (H1) of this year, Shenzhen’s industrial investment increased by 47.5% year on year, of which manufacturing investment grew by 54.2%, according to official data released by the Shenzhen Municipal Statistics Bureau.Shenzhen’s gross domestic product (GDP) in H1 reached a staggering 1.63 trillion yuan (US$227.9 billion), up 6.3% year on year. The added value of enterprises above a designated size — enterprises with an