Bao'an secures 4th place in China's top 100 districts list

Bao' an District has ranked fourth among China’s Top 100 Districts for the third consecutive year, according to a report released by consultancy firm CCID Consulting, a subsidiary of the China Center for Information Industry Development.

A view of Bao' an. File photo

This year’s evaluation was based on “dual threshold” criteria, requiring a GDP of over 80 billion yuan (US$11.13 billion) and annual general public budget revenue of over 2 billion yuan.

As a major industrial district in Shenzhen, Bao’an recorded a GDP exceeding 530 billion yuan in 2024, while the value-added output of industrial enterprises with annual operating revenue of at least 20 million yuan grew by 8%.

Known for its robust manufacturing base and technological innovation, Bao’an District is home to 57,000 manufacturing enterprises and 7,397 national high-tech enterprises.

The district has been focusing on strategic emerging industries, including ultra-HD displays, semiconductors, AI, high-end equipment, the marine economy, new energy vehicles, the low-altitude economy, and communications.

From 2019 to 2024, the added value of Bao’an’s strategic emerging industries surged from 118.13 billion yuan to 240.54 billion yuan, an increase of 103.6%.