Shenzhen’s gross domestic product (GDP) was estimated to reach over 2.6 trillion yuan (US$374 billion) in 2019, which would meet the growth target set by the central government. Photo: Xinhua

China’s tech hub Shenzhen set to hit 2019 growth target after surprising fourth quarter rebound amid trade war

  • Shenzhen’s gross domestic product (GDP) is estimated to reach over 2.6 trillion yuan (US$374 billion) in 2019, a growth rate of 7 per cent
  • But the home of technology giants Tencent, Huawei, and DJI is set to lower its 2020 growth target to 6.5 per cent from 7.0 per cent in 2019
Topic |   China economy

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Shenzhen’s gross domestic product (GDP) was estimated to reach over 2.6 trillion yuan (US$374 billion) in 2019, which would meet the growth target set by the central government. Photo: Xinhua
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Sidney Leng

Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.