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Shenzhen Government Online
Shenzhen's expanding foreign trade diversification
Despite the headwinds in global trade triggered by protectionism and regional unrest, Shenzhen reclaimed the top spot among Chinese cities in total foreign trade volume in 2024, after a nine-year gap.
China's Shenzhen completes first-ever fee settlement for electric vehicle discharge to grid
Electric vehicles depart from the Convention and Exhibition Center in Shenzhen, south China's Guangdong Province, Nov. 4, 2010. South China's Shenzhen City on January 13 completed its fir
Guangdong eases market access for foreign investment in the service trade sector
Do businessChina implements provisional import tariffs below MFN rate on 935 ProductsAccording to the 2026 Tariff Adjustment Plan, effective January 1, 2026, China will implement provisional import ta
Cycling economy fueling sports-related spending
World champion cyclist Wong Wan-Yiu rides by the sea in Shenzhen, South China's Guangdong province, on Oct 29. Whether traversing the breezy coastal greenways of Shenzhen, a coastal city in s

Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone

On Oct. 14, 2020, Xi Jinping, general secretary of the Communist Party of China Central Committee, delivered an important speech at the celebration of the 40th anniversary of the establishment of the Shenzhen Special Economic Zone, emphasizing the significance of "planning and building the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (hereinafter referred to as the Hetao Cooperation Zone)." On Aug. 8, 2023, the State Council officially issued the Development Plan for the Shenzhen Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (hereinafter referred to as the Hetao Plan), granting the Hetao Cooperation Zone three development orientations: "pilot area for deepening tech innovation cooperation between Shenzhen and Hong Kong, experimental zone for adopting advanced international tech innovation regulations, and aggregation zone for trial transformation within the Guangdong-Hong Kong-Macao Greater Bay Area." The Hetao Plan clearly stipulates the need to advance the construction of the Shenzhen Park of the Hetao Cooperation Zone with high quality, high standards, and high levels. It also states the phased advancement of the Shenzhen Park's construction with 2025 and 2035 as key milestones. By 2025, an efficient cooperative mechanism for tech innovation between Shenzhen and Hong Kong will be established, showing positive results in open tech innovation cooperation. By 2035, a comprehensive pattern of collaborative innovation with the Hong Kong Park will be formed, making it a world-class research hub.

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