Shenzhen launches first hydrogen energy industrial park

SHENZHEN’S first international hydrogen energy industrial park was inaugurated in Yantian District, as the city is pressing ahead with its green transition to help fulfill China’s national goal of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060. The park will highlight R&D and manufacturing of hydrogen fuel cell systems, fuel reactors…

Shenzhen’s foreign trade jumps 4.2% in July

Shenzhen’s foreign trade recovery continued in July, with imports and exports increasing by 4.2% year on year to 293.2 billion yuan (US$42.67 billion), customs data showed. From January to July, cargo imports and exports reached 1.91 trillion yuan, up 1.8% over the same period last year. The Shekou Container Terminal in Nanshan District. File photo In…

Shenzhen’s actual use of foreign capital surges in H1

SHENZHEN’S actual use of foreign capital surged by 11% year on year to US$5.8 billion in the first half (H1) of this year. The city’s complete industrial chain, sound business climate, accurate policy guidance and highly efficient government services have made it highly attractive to international top-tier enterprises.   This year has seen several Fortune…

Shenzhen named national demonstration city for IP protection

  SHENZHEN has been named a national demonstration city for intellectual property (IP) protection, according to a list unveiled by the China National Intellectual Property Administration. A total of 38 cities across the country have been included in the first batch of demonstration cities for IP protection.   In addition to Shenzhen, another two cities…

Registration starts for intl. innovation competition

REGISTRATION for the Sixth China (Shenzhen) International Innovation & Entrepreneurship Competition is under way. The event, dubbed as the entrepreneurship Olympics, is now open for sign-ups on its official website at http://www.itcsz.cn. Deadline for applications is Aug. 31. The competition’s bonus totals 13.05 million yuan (US$1.9 million). Individual contestants will have a chance to win…

Shenzhen to hold hi-tech fair in November

THE 24th China Hi-Tech Fair will be held at Shenzhen Convention and Exhibition Center in Futian District between Nov. 16 and 20, the fair’s organizing committee said on its official website. Shenzhen Convention and Exhibition Center in Futian District. File photo Preparations for the fair, said to be the largest of its kind in China, are…

Shenzhen to work with JD to build global consumption center

THE e-commerce platform JD.com plans to deepen collaboration with the Shenzhen government to build the city into an international consumption center and further tap its local long-term consumption potential. Jiang Fan, vice president of the Digital City Cluster for JD Technology, made the remarks at an online press conference. The press conference came after the release…

Shenzhen’s foreign trade rebounds strongly in May

SHENZHEN’S foreign trade rebounded quickly in May, a sign of recovery as the local government’s targeted supportive measures to boost international trade and stabilize the economy started to pay off, customs data showed.The city’s air and sea cargo throughputs increased by 16.4% and 34.8%, respectively, in May year on year, data from Shenzhen Customs showed…

Shenzhen’s GDP exceeds ¥706B in first quarter

SHENZHEN’S first quarter (Q1) GDP grew by 2% year on year to 706.46 billion yuan (US$107 billion), data released by the city’s statistics bureau showed. Between January and March, despite COVID-19 disruptions, Shenzhen navigated uncertain domestic and international environments and had a smooth start to its economy this year. The city contained the spread of…