Siemens Shenzhen Magnetic Resonance Ltd. marked a significant milestone yesterday with a grand groundbreaking ceremony for its second R&D and production site in Shenzhen, reinforcing its leading position in a market which it believes has great potential.

Guangzhou-based startup WeRide has become the official technology supplier for a new autonomous driving pilot project in Switzerland.

Record shipments of Chilean cherries to China are putting pressure on the market in the run-up to the Chinese New Year, Chinese media reported.

Contract electronics giant Foxconn and Shenzhen-based humanoid robot manufacturer UBTECH Robotics announced today the establishment of a comprehensive long-term strategic partnership, a landmark collaboration aimed at revolutionizing the landscape of intelligent manufacturing.

Shenzhen's electricity consumption, a key barometer of economic activity, rose 7.7% year on year in 2024, official data from the power supplier authority show.

The city’s service imports and exports — a new driver of international trade growth and a catalyst for high-quality development — are projected to reach a record US$40 billion in 2024, according to the commerce bureau.

China’s fiscal deficit to gross domestic product ratio will be widened in 2025, the vice minister of finance said at a press conference Friday.

Shenzhen has initiated a new round of trade-in subsidies for household appliances, effective from Jan. 1, according to the city’s commerce bureau.