As China extends its national subsidy program for consumer goods and equipment upgrades into a third consecutive year in 2026, Shenzhen has updated its local measures, offering subsidies for automobiles, six categories of home appliances, and four types of digital devices.

The People’s Bank of China (PBOC) has unveiled a comprehensive action plan for the next-generation digital renminbi (digital RMB), announcing that a new measurement framework, management system, operating mechanism and ecosystem will formally take effect Jan. 1, 2026.

Luohu Checkpoint in Luohu District and Shenzhen Bay Checkpoint in Nanshan District will temporarily extend the border-crossing service hours on Dec. 31, the New Year’s Eve, to ease holiday border-crossing traffic, according to a notice released by the city’s port office yesterday.

Shenzhen has unveiled two new incentives to support multinational companies to establish high-end headquarters and foreign-invested R&D centers.