The city’s foreign trade with countries under the Belt and Road Initiative (BRI) was up 3.6 percent year on year to reach 478.4 trillion yuan (US$71 trillion) between January and September, statistics from Shenzhen Customs show.
Qualified e-commerce platforms in Shenzhen will receive rewards, financial support, subsidies in rent and interest on loans, according to a package of measures on promoting the development of e-commerce that will take effect next week.
Shenzhen ranked third among Chinese cities in terms of development of new business formats within the daily life services industry, according to a report released by the food delivery giant Meituan on Monday.
The number of newly registered companies in Shenzhen in strategic emerging fields, such as new information technology, digital economy and marine economy, grew by over 40 percent from a year earlier by the end of August, according to data released by the Shenzhen Municipal Market Supervision and Regulation Bureau.
An innovation lab designed to optimize future network systems, jointly built by the Chinese University of Hong Kong, Shenzhen (CUHK-SZ), Shenzhen Research Institute of Big Data and Huawei, was inaugurated in CUHK-SZ in Longgang District yesterday morning.
Pengcheng Cloud Brain II, the world’s largest artificial intelligence (AI) computing platform jointly developed by Huawei Technologies and Pengcheng Laboratory, officially settled in the Shibilong Industrial Park in Xili, Nanshan District, on Tuesday.
Due to the novel coronavirus pandemic, the 16th China (Shenzhen) International Cultural Industries Fair (ICIF) will be held online, the first time in its history, from Oct. 26 to 30, Shenzhen International Cultural Industry Fair Co. Ltd., the organizer, said at an online preparation meeting Tuesday.
Shenzhen posted a 2-percent year-on-year growth in foreign trade from January to August this year to reach 1.88 trillion yuan (US$277 billion), Shenzhen Customs said at a news conference held by the Shenzhen Municipal Government Information Office at the Civic Center in Futian District yesterday.
A total of 22 enterprises including Huawei, Tencent, SF Express, Blaz, Galaxy Interactive and Ledman from Shenzhen have participated in the ongoing China International Fair for Trade in Services (CIFTIS) in Beijing.
Costco, a U.S.-based warehouse club second to Walmart, will build its flagship store and South China Headquarters in Longhua District, according to an agreement signed between the Shenzhen government and Costco.
Under the registration-based initial public offering (IPO) system, 18 companies made their market debut on China’s Nasdaq-style ChiNext board in Shenzhen in the first batch of listings yesterday, two days before the 40th anniversary of the Shenzhen Special Economic Zone.
The Shenzhen Municipal Market Supervision and Regulation Bureau on Thursday released 36 measures in six aspects to further improve the city’s business environment and better serve market entities, Shenzhen Economic Daily reported.
Nearly 2,000 foreign-invested companies were set up in Shenzhen in the first half of the year, attracting approximately US$8 billion of contractual foreign investment, Shenzhen Special Zone Daily reported Saturday.
The city's seven strategic emerging industries, including new-generation information technology, digital economy, biomedicine industry and high-end equipment, achieved an added value of more than 449 billion yuan (US$64 billion) in the first half of this year.
China's State planner has given its seal on a plan by Guangdong Province to spend up to 474.1 billion yuan (US$68 billion) to build an intercity rail network spanning major cities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in the next five years to ensure a one-hour travel time between major cities.