This year marks the 40th anniversary of the Shenzhen Special Economic Zone. To mark the occasion, we are publishing a series of reports celebrating the city's achievements in different aspects over the past four decades.
The industrial added value of strategic emerging industries in Shenzhen reached 1.01 trillion yuan (US$142 billion) in 2019, an 8.8 percent increase year on year, and weighing 37.7 percent of GDP, a report of Shenzhen Economic Daily said Thursday.
Strategic emerging industries mainly comprise new-generation information technologies, digital economy, high-end equipment manufacturing, low carbon, marine economy, new materials and biopharmacy.
In the early 1990s, Shenzhen designated high-tech, logistics, finance and culture as its four pillar industries. After the outbreak of the financial crisis in 2008, the city planned a layout of newly emerged, strategic industries. The city took initiatives for the development of biology, new energy and Internet in 2009 and then added new materials, culture and creation, new-generation information and technology, and energy conservation to its list of priority for development in 2011.
Starting from 2013, the list was further extended to marine economy, space and aviation, health, robotics, wearables and intelligent equipment.
For development of newly emerged industries and future industries, the city set aside, in a special fund, 5 billion yuan a year to support enterprises and institutions to engage in technological innovation and science achievement commercialization.