Shenzhen has introduced a spate of measures to encourage multinational companies (MNCs) to establish regional headquarters and organizations with headquarters functions in the city, according to the latest government gazette issued Monday.
Relying on its extensive network and through its cooperation with Hong Kong and Macao industrial and commercial associations, China Council For Promotion of International Trade Shenzhen Branch (CCPIT Shenzhen) will offer more opportunities for Chinese and foreign enterprises to develop cooperation and partnerships, according to an official with CCPIT Shenzhen.
On Aug. 18, 2019, the Central Government unveiled a detailed guideline on supporting Shenzhen in building a pilot demonstration area of socialism with Chinese characteristics. We are publishing a series of reports on what Shenzhen is doing to implement the strategy.
Shenzhen will form more than three industrial clusters in niche sectors of the digital economic industries, whose business revenues will each reach more than 100 billion yuan (US$15 billion) by the end of 2023.
The city’s recently enacted regulations on optimizing the business environment will become effective Jan. 1, 2021, according to a press conference held by the Information Office of Shenzhen Municipal Government at the Civic Center in Futian District on Friday.
Shenzhen takes first place in the business environment of major Chinese cities, a report jointly released Monday by the Academy of Guangdong-Hong Kong-Macao Greater Bay Area Studies and the 21st Economic Research Institute showed.
"Huawei Cyberverse x 5G" won the Supreme of The Year Award and a prize of 8 million yuan (US$1.2 million), the highest award at the Global 5G Application Competition 2020, at an award ceremony at Shenzhen Bay Sports Center in Nanshan District yesterday.
The 2020 APEC SME Business Forum will be held between Sunday and Dec. 15 in Shenzhen, bringing together guests from more than 10 APEC (Asia-Pacific Economic Cooperation) member economies, scholars from business sectors and enterprise representatives.
A total of 242 projects worth 780 billion yuan (US$111 billion) were signed at the Second Shenzhen Global Investment Promotion Conference held at Wuzhou Guest House in Futian District, Shenzhen, yesterday.
Shenzhen has been prodding foreign investors to invest in the city, announcing the Second Shenzhen Global Investment Promotion Conference will be held at the main venue of Wuzhou Guest House in Futian District on Dec. 8 and eight subvenues overseas.
Walmart will open a Sam's Club flagship in Qianhai, attracted by the fast development of the free trade area and its position as one of the growth drivers of the Guangdong-Hong Kong-Macao Greater Bay Area.
Shenzhen has presented a stellar performance in attracting foreign capital in the first three quarters of this year despite the COVID-19 pandemic, as more than 3,000 new foreign-invested enterprises have been set up in the city during the Jan.-Sept. period, Shenzhen Special Zone Daily reported yesterday.
Shenzhen enterprises have won three gold prizes for patents and two gold prizes for designs in the 21st China Patents Awards, according to a release of the Shenzhen Municipal Intellectual Property Office on Tuesday.
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.