Industrial News
City sets 2023 GDP growth target at 6% |
2023-02-15
Deputies listen to a government work report delivered by Mayor Qin Weizhong at the opening meeting of the annual session of the city’s legislature at Civic Center in Futian District yesterday. Lin JianpingShenzhen will target a GDP growth of 6% this year as the city accelerates its pace to become a globally influential economic center and a modern international metropolis.Mayor Qin Weizhong made the announcement as he delivered a gov
Relief measures aim to boost quality growth |
2023-02-10
Shenzhen is using every trick in the book to foster high-quality development of micro, small and medium-sized enterprises (MSMEs) that are regarded as important contributors to job creation and economic development.Such determination is reflected in a slew of 20 measures that were recently released by eight government agencies, as the city renews effort to extend more support and provide greater relief to these key players
Actual use of foreign capital hits record high |
2023-01-31
Shenzhen's actual use of foreign capital reached US$11 billion to hit a new high in 2022, which accounted for 39% of that in Guangdong Province and continued to rank first in the province, according to the municipal commerce bureau Sunday.A total of 91 countries and regions around the world had invested in Shenzhen last year, and countries such as the Netherlands, the United Kingdom and Germany had significantly increased their i
Shenzhen tops country in industrial scale, added value |
2023-01-30
The industrial added value in Shenzhen surpassed 1.1 trillion yuan (US$162.16 billion) in 2022, ranking first among Chinese cities.In terms of industrial scale, the total industrial output of enterprises at and above the designated scale exceeded 4.5 trillion yuan in 2022, ranking first for four straight years among Chinese cities.The added value of industrial enterprises at and above the designated scale increased by 4.8% year on ye
SZ kicks off 266 key projects for high-quality development |
2023-01-30
Shenzhen announced the beginning of the construction of 266 projects at a conference centering on high-quality development yesterday, a day after Guangdong Province held a conference on the same theme.The projects, the city’s first batch of key projects for 2023, will involve a total investment of 329.53 billion yuan (US$48.57 billion), with an annual planned investment of about 53.56 billion yuan this year.The conference, attended b
City’s GDP up 3.3% year on year |
2023-01-30
Shenzhen saw its gross domestic product (GDP) reach nearly 3.24 trillion yuan (US$477.4 billion) in 2022, up 3.3% year on year, according to the municipal statistics bureau Saturday.The total added value of the city’s industrial enterprises above designated size exceeded 1 trillion yuan for the first time in 2022. The city’s gross industrial output value above designated size reached about 4.55 trillion yuan in 2022.Additionally, the
Measures aim to boost commercial activities |
2023-01-13
The Shenzhen Municipal Commerce Bureau has issued five measures with subsidies to promote commercial momentum and stimulate economic vitality. The measures will be valid until June 30 this year.High-level professional exhibitions in consumer electronics, new energy vehicles, digital energy, high-performance medical devices and the food industry are supported to be held in the city in the first half of the year, according to the burea
City progresses in building innovation hub for satellite industry |
2023-01-12
The city’s satellite research and development capacity has steadily improved, as two more Shenzhen-made satellites were successfully launched into space Monday, Shenzhen Economic Daily reported yesterday.The two satellites for meteorological detection, Xiyongweidianyuan-1 and Xiyongweidianyuan-2, were manufactured by Shenzhen-based MagicCubeSat Technology Co. Ltd.They were sent into the planned orbit, along with three other satellite
Businesses rebound after reopening of checkpoints |
2023-01-10
The stores and eateries at Futian Checkpoint have seen rising business revenues since the checkpoint reopened Sunday.On the first day after the borders reopened, a Hong Kong-style restaurant opposite the Futian Checkpoint building was almost fully packed with diners at around 2 p.m.“Sales have tripled compared with the day before the checkpoint’s reopening,” Huang Jieting, boss of the eatery, said during an interview.Huang anticipate
Expert gives thumbs-up for biomedical industry in SZ |
2022-12-13
China's renowned respiratory disease expert Zhong Nanshan, also the recipient of the Medal of the Republic for his outstanding contribution to the fight against the COVID-19 epidemic, gave Shenzhen the thumbs-up for the city’s rapid growth in biomedical research and innovations, SZTV reported.Zhong gave a video speech at the opening ceremony of the eighth Shenzhen International Biomedical Industry Summit and 2022 Shenzhen Biomedi