Industrial News
Relief measures introduced for businesses |
2022-03-25
Several districts, including Futian, parts of which are still locked down, have introduced multiple relief measures from rent reduction to financial subsidies to help enterprises survive under the pressure of the pandemic.The catering industry is one of the sectors that have been hit hard due to recent COVID flare-ups.Buda is the owner and chef of two high-end Western restaurants, called Le Stelle, in Nanshan and Luohu districts. He
City vows more policy support for businesses, residents |
2022-03-25
Shenzhen will roll out more supportive policies to minimize the impact of COVID-19 restrictions on economic activity and people’s lives, according to a press conference held by the city government’s information office Thursday.The announcement came as the city reported a sharp decrease in new local COVID infections. For the first time in two weeks, the number of new COVID cases in Shenzhen was a single-digit number, with nine reporte
SZ focuses on support for manufacturers |
2022-03-24
Shenzhen governments at municipal and district levels are providing full support to manufacturers, in particular those small and medium-sized enterprises (SMEs), a senior government official said at a press conference Tuesday.Currently, most industrial enterprises have resumed operations and production. The electricity consumption in the industrial sector Monday rose to the pre-lockdown levels, said Yu Xiquan, head of the Shenzhen Mu
City works to ensure global supply chain |
2022-03-24
An undated file photo of Shekou Port in Shenzhen. Li YuShenzhen, home to Yantian Port — the world’s fourth-busiest container port — is taking all appropriate steps to speed up the handling process for containers to ensure a smooth global supply chain, the Shenzhen Special Zone Daily reported yesterday.Yantian Port has streamlined declaration and approval procedures for arriving and departing ships, and deployed smart devices such as
City vows to ensure business operations, aid companies |
2022-03-21
Shenzhen will continue to guarantee the stable operation of the city’s industrial and supply chains and to further reduce companies’ burdens by implementing a slew of measures, according to a news conference yesterday.The Shenzhen Municipal Development and Reform Commission has established a mechanism to provide tailored solutions to each key company in the city’s strategic emerging industry and service industry based on their report
Pandemic relief measures unveiled for enterprises |
2022-03-21
In support of enterprises that have taken a hit from the recent COVID-19 flare-up, Futian District yesterday unveiled 10 relief measures ranging from rent reductions to financial subsidies, promising to provide more favorable policies to prop up the economy if needed.The measures, which take effect today, aim to help Futian-based enterprises resume normal production and operations as soon as possible, Ouyang Huiyu, deputy head of Fut
State Council selects SZ pilot programs into innovative development list |
2022-03-16
Two pilot programs in Shenzhen were recently selected by the State Council into a list on innovative development of trade in services, according to the city’s commercial bureau.The programs, namely the expansion of mutual recognition of professional qualifications among the mainland, Hong Kong and Macao in the services sector, as well as building a cross-boundary medical health services pinnacle, entered the list and could be promote
Online platform offers one-stop enterprise services |
2022-02-23
The upgraded “深i企” online platform launched a one-stop feature providing inclusive and precise services for enterprises in Shenzhen on Monday, according to the city’s industry and information technology bureau.“深i企,” jointly developed by the bureau and other governmental departments, is available as a WeChat miniprogram, app and website.Its first version was launched in 2020 to help Shenzhen firms weather the pandemic’s impact.On the
City kicks off work on projects worth ￥235.47B |
2022-02-18
Shenzhen kicked off construction of 245 projects for the first quarter Thursday, involving a total investment of 235.47 billion yuan (US$37 billion).The projects include major infrastructures, science and industrial projects, and projects for residents’ well-being, according to an inauguration ceremony held Thursday. A total of 44.39 billion yuan of investment will be made in the projects this year.Among them, 129 projects will be fu
SZ to reward foreign-invested companies for new projects |
2022-02-14
Calls for application have begun for a special 100-million-yuan (US$15.7 million) incentive for foreign-funded enterprises registered in Shenzhen to invest in new projects, Shenzhen Special Zone Daily reported, quoting the commerce bureau.The 2022 Guangdong Province High-quality Economic Development Promotion Special Fund aims to scale up foreign investment and encourage foreign-invested project establishment across the province, par