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 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 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 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…
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 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 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…
SHENZHEN strives to become a global benchmark city in new-type information infrastructure, which will lead the world in terms of scale and innovation level, as well as a digital pioneer city worldwide by the end of 2025, an official from the city’s industry and information technology bureau said at a press conference . Chen Huaping,…
Shenzhen will offer a one-off reward of up to 50 million yuan (US$7.8 million) to financial enterprises that newly register headquarters in the city, an official with the city’s local financial regulatory bureau said at a press conference at the Civic Center in Futian District . The policy is part of a new set of…
SHENZHEN has set its GDP growth target at around 6% for 2022, Mayor Qin Weizhong said as he delivered a government work report at the opening meeting of the annual session of the city’s legislature at the Civic Center in Futian District. Other main targets for socioeconomic development include a 5% growth in both the…