Shenzhen’s gross domestic product grew 9.7 per cent in the first half of the year from a year earlier. Photo: Xinhua Shenzhen’s gross domestic product grew 9.7 per cent in the first half of the year from a year earlier. Photo: Xinhua
Shenzhen’s gross domestic product grew 9.7 per cent in the first half of the year from a year earlier. Photo: Xinhua
Shenzhen

China’s tech hub Shenzhen sees economic performance tumble against competition in the first half

  • Shenzhen’s two-year average growth rate in the first half – used to reduce coronavirus distortions – was 4.8 per cent, well below pre-Covid-19 levels
  • Analysts say weak investment and consumption, as well as a slowdown in revenue growth among its biggest firms, have weighed on economic output

Topic |   Shenzhen
Shenzhen’s gross domestic product grew 9.7 per cent in the first half of the year from a year earlier. Photo: Xinhua Shenzhen’s gross domestic product grew 9.7 per cent in the first half of the year from a year earlier. Photo: Xinhua
Shenzhen’s gross domestic product grew 9.7 per cent in the first half of the year from a year earlier. Photo: Xinhua
READ FULL ARTICLE