Industrial News
SZ ranks No.3 in R&D input |
2022-11-18
Shenzhen's investment in research and experimental development (R&D) reached 168.2 billion yuan (US$2.36 billion) in 2021, up by 11.3% year on year, ranking third among major Chinese cities after Beijing and Shanghai, according to data released by the Shenzhen Municipal Statistics Bureau.Shenzhen’s R&D input accounted for 5.49% of the city’s GDP, up by 0.03 percentage points over the amount in 2020.The R&D input scale
SZ businesses seek opportunities overseas |
2022-11-10
A delegation of 29 people from 18 Shenzhen enterprises left for Indonesia yesterday to participate in the OCTF 2022 (Jakarta) Intelligent Technology Exhibition that is scheduled to be held from tomorrow until Sunday.The group is one of the three delegations that are venturing out in search of business opportunities overseas in November despite headwinds from the COVID-19 pandemic and challenges threatening the recovery of the global
SZ presents business environment at expo |
2022-11-08
As a foreign trade powerhouse, Shenzhen presented its business environment at an international cooperation forum and investment promotion meeting at the China International Import Expo (CIIE) on Sunday, showing the resilience and vitality of the city’s importers and exporters to global investors, Shenzhen Economic Daily reported.Shenzhen will keep improving its innovation ecosystem to help its market entities grow and prosper. It wil
Shenzhen sees rise of coffee economy |
2022-10-24
The number of coffee-related companies in Shenzhen has reached 9,651, taking the lead among Chinese cities, according to data released by Qcc.com, a company information search platform.For many citizens, coffee now has become a priority in the morning to help kick off their day.According to a white paper on China’s freshly ground coffee industry, the coffee penetration rate in China’s first and second-tier cities reached 67%, equival
Foreign trade up ¥590B in a decade |
2022-10-14
Shenzhen's foreign trade increased from 2.95 trillion yuan (US$415 billion) in 2012 to 3.54 trillion yuan in 2021, with its exports taking the lead among mainland cities for 29 consecutive years, data from Shenzhen Customs showed.Recently, at the G11 production area of TCL China Star Optoelectronics Technology (TCL CSOT) in Guangming District, the country’s leading display panel maker, 8K panels were manufactured and ready for ex
Nanshan ranks 1st among top 100 districts, counties in GD |
2022-10-14
Nanshan District took first place among Guangdong Province’s top 100 districts and counties’ ranking. The city’s Futian, Bao’an, Longgang and Longhua districts also made it into the top 10, ranking third, fourth, sixth and 10th places, respectively, Shenzhen Economic Daily reported Thursday.The ranking was released along with a research on the high-quality development of the province’s top 100 districts and counties in 2022 at a foru
Airport cargo turnover up 21.3% |
2022-10-10
International cargo, mail and parcel turnover at Shenzhen Bao’an International Airport increased by 21.3% year on year between January and September, ranking third among major airports in China.On Sept. 30, a Boeing 777F flight carrying 93 tons of cargo headed to Riyadh, capital of Saudi Arabia, marking the airport’s sixth international cargo route put into use this year. The route is jointly operated by Central Airlines and YunExpre
Importers enjoy ¥1.71B in tariff cut under CEPA |
2022-09-21
Importers from Shenzhen Customs-administered territory enjoyed a total of 1.71 billion yuan (US$250.734 million) in tariff reductions for 16.5 billion yuan worth of goods under the Closer Economic Partnership Arrangement (CEPA) between 2012 and 2021, the customs authority said.Implemented in 2004, CEPA is a free trade agreement concluded by the mainland and Hong Kong covering four areas, namely trade in goods, trade in services, inve
SZ’s IC industry posts steady growth momentum |
2022-09-16
Shenzhen, as China’s tech innovation center, is the distribution, application and design centers of China’s integrated circuits (ICs) and has seen its IC industry maintain rapid development in recent years.In particular, the city’s IC design industry has been prominent, boasting leading storage products as well as assembly and testing capabilities that lead the country, Shenzhen Special Zone Daily reported Wednesday.Shenzhen Longsys
Airport intl. cargo turnover up by 24.9% |
2022-09-16
Shenzhen Bao’an International Airport’s international cargo turnover reached 65,000 metric tons in August, up by 24.9% year on year and 8.3% over the previous month.Imports stood at 18,000 metric tons and exports reached 47,000 metric tons, up 29.8% and 23.1% year on year, respectively, data from Shenzhen Customs showed.In August, the Shenzhen airport opened five new cargo routes to improve its capacity as an air logistics hub, bring