Industrial News
Shenzhen's expanding foreign trade diversification |
2026-01-15
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. In the first 11 months of 2025, the city's cumulative import and export value reached 4.12 trillion yuan (US$585 billion), solidifying its position as the national leader.Huaqiangbei in Futian District is considered a barometer of t
China's Shenzhen completes first-ever fee settlement for electric vehicle discharge to grid |
2026-01-13
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 first-ever electric vehicle (EV) fee settlement for discharging electricity back to the grid, marking a milestone in vehicle-to-grid (V2G) integration.The settlement was the result of a pilot project overseen by the China Southern Power Gri
Guangdong eases market access for foreign investment in the service trade sector |
2026-01-12
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 tariffs below the Most-Favored-Nation (MFN) tariff rate on 935 products. This includes reductions on import duties for key components, advanced materials, and energy resources. Guangdong encourages foreign investment in hospitals and
Cycling economy fueling sports-related spending |
2026-01-12
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 southern China, or "looping" the 100-kilometer urban parkway in Chengdu, renowned as a "leisure city", cycling has emerged as a vibrant lifestyle choice, a social gathering hub, and a key driver of China's burgeoni
Dubai delegation visits Shenzhen's Nanshan, sketching new picture for China-UAE trade |
2026-01-09
Recently, a delegation from the Dubai Chamber of Commerce visited Nanshan District in Shenzhen, marking the launch of an economic and trade dialogue linking a major hub of technological innovation with a global commercial nexus under the "Go Global" initiative.Meeting between Nanshan District and Dubai ChambersLater that afternoon, Mohammad Ali Rashed Lootah, Chairman and CEO of the Dubai Chamber of Commerce and Industry (D
Shenzhen to host Dubai Forum as digital bridge to business |
2026-01-08
The fifth International Dubai Business Forum will take place on May 14, 2026, in Shenzhen, a booming innovation-driven city in South China, as announced by the host Dubai Chambers on January 8. The event aims to expand Dubai's global network and reinforce the city as a preferred destination for foreign direct investment.This will be the second time the forum is held in China, following the 2024 event in Beijing.Mohammad Ali Rashe
Shenzhen's innovative companies display their latest tech and products to a global audience |
2026-01-06
Fifteen innovative companies from Shenzhen, Guangdong province, showcased their latest technologies and products to a global audience through a live roadshow and live streaming on January 6, attracting more than 1.6 million hits.The event, organized by the Federation of Shenzhen Commerce, the city's biggest commercial association, aimed to connect technology research and development with industrial application, providing a platfo
BYD overtakes Tesla in 2025 EV sales |
2026-01-03
People visit the booth of Chinese carmaker BYD at the 42nd Thailand International Motor Expo in Bangkok, Thailand, Dec. 2, 2025. China's leading new energy vehicle manufacturer BYD sold around 2.26 million electric vehicles (EVs) in 2025, surpassing Tesla in global EV sales last year.U.S. electric automaker Tesla delivered about 1.63 million EVs in 2025, according to company data. Last year, BYD sold roughly 4.6 million new
Guangdong-Hong Kong-Macao Greater Bay Area accelerates growth in low-altitude economy |
2025-12-26
Participants visit the exhibition area of the 2025 Conference on High-Quality Development of Low-Altitude Economy in Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in Guangzhou, south China's Guangdong Province, Dec. 25, 2025. The conference convened in south China's Guangzhou city on Dec. 25, gathering government officials, industry leaders and academics to chart a course for innovation-driven growth. The confere
SZ unveils new incentives to attract foreign capital |
2025-12-25
Shenzhen has unveiled two new incentives to intensify support for multinational companies to establish high-end headquarters and foreign-invested R&D centers, signaling the city’s focus on attracting quality foreign capital and strengthening industrial chain competitiveness.These incentives are part of updated measures designed to further attract and utilize foreign investment, which will take effect Jan. 1, 2026. The policy, whi