SZ to boast 8 ¥10B-level retailers by 2025

SHENZHEN will boast at least eight retail giants with an annual sales revenue of at least 10 billion yuan (US$1.57 billion) each by 2025, according to the 14th Five-Year (2021-2025) Plan for commercial development released by the city’s commerce bureau. As per the plan, the city will see its total consumer goods retail sales reach…

SZ’s foreign trade up over 4 times in 20 years

SHENZHEN’S import and export trade volume increased by 436.9 percent in the 20 years since China joined the WTO in 2001, from 568.18 billion yuan (US$89.22 billion) in 2001 to 3.05 trillion yuan in 2020, according to Shenzhen Customs. A bird’s-eye view of the Yantian Port in Yantian District. Liao Wanyu The city’s average annual import…

Qianhai Intl. Talent Port to open in Jan.

QIANHAI International Talent Port will be put into operation in January next year, aiming to lure global scientific and technological innovation talents, the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone announced at a promotion meeting held in Shanghai. The service center will serve as an important platform for international talents seeking employment,…

Shenzhen designated model city of industrial design

SHENZHEN has become one of the country’s first service-oriented manufacturing model cities/areas in the industrial design area, the Ministry of Industry and Information Technology (MIIT) announced recently. The others that won the title are Pudong New Area in Shanghai, Chongqing, and Yantai in Shandong Province. An aerial view of Futian District, Shenzhen. File photo Service-oriented…

Shenzhen attracts 229 Global 500 firms

THE Pearl River Delta region had attracted a total of 276 Fortune Global 500 enterprises for investment by the end of December 2020, among which 229 invested in Shenzhen and 256 in Guangzhou. The office buildings in Futian CBD. SD-Agencies According to Fortune Global 500’s 2021 investment in Guangdong report released Tuesday, 350 Fortune Global 500…

Guangming District celebrated 3rd anniversary

GUANGMING District celebrated its third anniversary on September 19. The district was given the historical mission of building “a world-class science city and the northern center of Shenzhen” when it was established in 2018. A bird’s-eye view of Guangming District. Open, innovative areaGuangming is located at an important site in the Guangdong-Hong Kong-Macao Greater Bay…

Silicon Valley entrepreneur pursues a career in GBA

A STROLL in places like Shekou Net Valley, one of Shenzhen’s many industrial parks incubating high-tech startups, often gives a glimpse into the hottest tech trends. It may also lead to an informative talk with an aspiring entrepreneur like Raj Oswal. 坐落在前海蛇口自贸区内的蛇口网谷,是深圳众多的科技产业基地之一。来这里转一转,可以让人迅速了解科技发展的新趋势,幸运的话,还可以遇到老罗这样的外国创业者,听他谈谈科技、聊聊梦想。 Sent to Shenzhen in April 2019 by Gupshup, a San Francisco-headquartered company, the…

Mayor vows to elevate SZ-HK cooperation in Qianhai

SHENZHEN will marshal full resources of the city to widen Qianhai’s opening up and take the cooperation between Shenzhen and Hong Kong to a new level, said Shenzhen Mayor Qin Weizhong via video link at a news conference held by the State Council Information Office recently in Beijing. The news conference was held days after…