Industrial News
City’s GDP expands 6.3% in H1 |
2023-07-28
Shenzhen's gross domestic product (GDP) grew 6.3% year on year in the first half of this year (H1) to reach 1.62976 trillion yuan (US$228 billion), according to the official data released by the Shenzhen Municipal Statistics Bureau on Thursday.The added value of the secondary industry was 568.198 billion yuan, up by 4.8% year on year, while that of the tertiary industry was 1.06 trillion yuan, up by 7.2% year on year. The city’s
Shenzhen exports expand 14% to exceed ￥1T yuan in H1 |
2023-07-26
The city’s foreign trade reached 1.68 trillion yuan (US$235 billion) in the first half of the year (H1), up by 3.7% year on year, posting a growth rate higher than the national average, data from Shenzhen Customs showed Monday.Exports grew by 14.4% amounting to 1.05 trillion yuan, while imports reached 628.49 billion yuan, indicating an upward trajectory, strong economic resilience, and great potential and vitality, according to cust
SZ boasts 310 new ‘little giant’ firms |
2023-07-21
Shenzhen, known as China’s tech and innovation hub, has once again demonstrated its prowess in fostering specialized and sophisticated “l(fā)ittle giant” enterprises.According to the recently released list of the fifth batch of national-level “l(fā)ittle giant” firms, Shenzhen has seen an impressive addition of 310 new “l(fā)ittle giant” enterprises that use special and sophisticated technologies to produce novel and unique products, ranking fir
Seven local industrial clusters on provincial list |
2023-07-18
Seven of Shenzhen’s characteristic industrial clusters for small and medium-sized enterprises (SMEs) were listed on Guangdong’s first batch of cluster list for SMEs, according to a notice recently released by the Guangdong Provincial Industry and Information Technology Department.As per the notice, 35 clusters from 13 cities in Guangdong entered the list, including Guangzhou, Shenzhen, Foshan, Shaoguan and Qingyuan. The clusters stoo
Trade with BRI countries up 14.3% |
2023-07-07
Shenzhen's imports and exports with countries under the Belt and Road Initiative (BRI) amounted to 340.81 billion yuan (US$47.08 billion) between January and May, up 14.3% year on year.The growth rate was 1.3 percentage points higher than the national average, with Shenzhen ranking third among Chinese cities, data from Shenzhen Customs showed.Shenzhen's mechanical and electrical products, in particular, were highly sought aft
NEV industry cooperation to lead to new opportunities |
2023-07-06
Industry insiders and enterprise representatives gathered to share their insights and jointly explore cooperation opportunities of the new energy vehicle (NEV) industry between China and ASEAN member states at the Sub-forum on NEV Industry Cooperation held at Wuzhou Guest House in Shenzhen yesterday.The forum was one of the three parallel forums of the two-day China-ASEAN Forum on Emerging Industries, which opened in Shenzhen on Tues
New techs drive green energy development |
2023-07-03
The 2023 International Digital Energy Expo has attracted over 400 industry-leading enterprises to gather in Shenzhen, offering visitors a window into how new technologies and products are bringing new experiences to energy consumption, and creating new models and business formats towards green energy development, Shenzhen Special Zone Daily reported.The expo, which opened Thursday, wrapped up at the Shenzhen Convention and Exhibition
Low-altitude economy gathers momentum |
2023-07-03
An amphibian UFO-like flying disk developed by Shenzhen UFO Flying Saucer Technology Co. Ltd. takes a test flight at Shenzhen Talent Park in Nanshan District on June 3. Courtesy of the companyHave you ever seen extraterrestrial aliens coming to Earth on a UFO?This question has perplexed researchers for decades and still remains unanswered. However, a research team from Shenzhen UFO Flying Saucer Technology Co. Ltd. definitely stunned
SZ remains strong magnet for foreign investment |
2023-06-29
Sam’s Club, the high-end membership outlet of U.S.-based retail giant Walmart, is opening China’s second Sam’s Club’s flagship store in Qianhai today.The new outlet is anticipated to become the largest Sam’s Club flagship store in the Guangdong-Hong Kong-Macao Greater Bay Area and even the Asia Pacific region, according to a cooperation agreement signed between Qianhai Authority and Walmart (China) Investment Co. Ltd.The American ret
Qianhai, a pathfinder of smart city initiatives |
2023-06-19
An aerial view of Mawan Smart Port in Qianhai. Courtesy of he Qianhai AuthorityAn air corridor connects the seven high-rises at the 19th Unit 03 Neighborhood.Elevators without floor buttons, eye-catching road light poles, smart traffic systems and ports, and interconnected underground space, all of which could possibly leave a deep impression on visitors who come to the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Z