Shenzhen-made Satellite to be Launched This Year

A Shenzhen-made satellite will be launched into space in the second half of this year as the first test satellite for Project Hongyan, a 300-satellite communications mega-constellation built by the China Aerospace Science and Technology Corp. (CASC), the Shenzhen Special Zone Daily reported on Wednesday. The constellation is a mobile telephone communications network providing coverage…

Shenzhen Raises Subsidies for Startups

Government subsidies for the preparatory period of startups opened by returned overseas professionals and teams will be increased to 30 million yuan (US$4.75 million), doubling the amount in 2015, according to the city’s human resources and social security bureau. The bureau has simplified the application procedures, optimized review flow and shortened the granting period to…

GD-HK-MACAO Coordinated Development Plan to be Unveiled

Premier Li Keqiang addresses delegates during the opening session of the National People’s Congress at the Great Hall of the People in Beijing on Sunday. China will unveil and implement the development plan for the Guangdong-Hong Kong-Macao Greater Bay Area (also known as the Greater Bay Area), among other moves to promote the coordinated regional…