Industrial News
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
8 SZ firms enter top 100 of Fortune China 500 list |
2023-07-28
Eight companies from Shenzhen have made it into the top 100 of the latest China 500 companies list released by business magazine Fortune, Shenzhen Special Zone Daily reported.The eight companies are Ping An (9th), Huawei (33rd), Amer (38th), Tencent (45th), Vanke (56th), China Merchants Bank (58th), BYD (66th) and China Electronics Corp. (74th). A total of 37 Shenzhen companies were among the 500 companies, the list shows.The total r
City’s GDP expands 6.3% in H1 |
2023-07-28
Shenzhen's gross domestic product (GDP) grew 6.3% year on year in the first half of this year (H1) to reach 1.62976 trillion yuan (US$228 billion), according to the official data released by the Shenzhen Municipal Statistics Bureau on Thursday.The added value of the secondary industry was 568.198 billion yuan, up by 4.8% year on year, while that of the tertiary industry was 1.06 trillion yuan, up by 7.2% year on year. The city’s
Shenzhen exports expand 14% to exceed ¥1T yuan in H1 |
2023-07-26
The city’s foreign trade reached 1.68 trillion yuan (US$235 billion) in the first half of the year (H1), up by 3.7% year on year, posting a growth rate higher than the national average, data from Shenzhen Customs showed Monday.Exports grew by 14.4% amounting to 1.05 trillion yuan, while imports reached 628.49 billion yuan, indicating an upward trajectory, strong economic resilience, and great potential and vitality, according to cust
SZ boasts 310 new ‘little giant’ firms |
2023-07-21
Shenzhen, known as China’s tech and innovation hub, has once again demonstrated its prowess in fostering specialized and sophisticated “little giant” enterprises.According to the recently released list of the fifth batch of national-level “little giant” firms, Shenzhen has seen an impressive addition of 310 new “little giant” enterprises that use special and sophisticated technologies to produce novel and unique products, ranking fir
Seven local industrial clusters on provincial list |
2023-07-18
Seven of Shenzhen’s characteristic industrial clusters for small and medium-sized enterprises (SMEs) were listed on Guangdong’s first batch of cluster list for SMEs, according to a notice recently released by the Guangdong Provincial Industry and Information Technology Department.As per the notice, 35 clusters from 13 cities in Guangdong entered the list, including Guangzhou, Shenzhen, Foshan, Shaoguan and Qingyuan. The clusters stoo
Trade with BRI countries up 14.3% |
2023-07-07
Shenzhen's imports and exports with countries under the Belt and Road Initiative (BRI) amounted to 340.81 billion yuan (US$47.08 billion) between January and May, up 14.3% year on year.The growth rate was 1.3 percentage points higher than the national average, with Shenzhen ranking third among Chinese cities, data from Shenzhen Customs showed.Shenzhen's mechanical and electrical products, in particular, were highly sought aft
NEV industry cooperation to lead to new opportunities |
2023-07-06
Industry insiders and enterprise representatives gathered to share their insights and jointly explore cooperation opportunities of the new energy vehicle (NEV) industry between China and ASEAN member states at the Sub-forum on NEV Industry Cooperation held at Wuzhou Guest House in Shenzhen yesterday.The forum was one of the three parallel forums of the two-day China-ASEAN Forum on Emerging Industries, which opened in Shenzhen on Tues