Topic

Shenzheni

As part of Deng Xiaoping’s 'reform and opening up' policies, China named Shenzhen a special economic zone in 1980. Over the next 40 years, Shenzhen transformed from a rural backwater with a population of 20,000 to China's answer to Silicon Valley. It forms part of the “Greater Bay Area”, so created in 2016 by the Chinese government, which groups nine Guangdong cities with Hong Kong and Macau as an economic hub.

 

 

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  • Troubled developer has cancelled meetings scheduled for September 25 and 26, citing weaker than expected sales and need to reassess restructuring terms
  • Meetings were previously adjourned for almost a month after offshore creditors raised more questions about the state of its business and financials
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The combined fortune of the top 15 Chinese healthcare billionaires has fallen 17 per cent to US$84.1 billion amid a sweeping anti-corruption campaign that started about two months ago.

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The founders of new Shenzhen restaurant Komuro – which has close ties with Sushi Arai in Tokyo – want to show Chinese people local sushi can be just as good as that found in Japan.

Beijing has high hopes for Shenzhen and its role in ensuring that China becomes technologically self-sufficient in the face of crippling US curbs on technology transfers.

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This initiative underscores Shenzhen’s ambition to become China’s autonomous vehicle tech hub, more than a year after the city rolled out the country’s first dedicated regulations for intelligent connected cars.

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China’s southern metropolis of Shenzhen is the only mainland city where individuals can apply for bankruptcy, but it’s not easy, as authorities seem to frown on debt forgiveness.

The controversial tax does not appear in a five-year lawmaking plan, as China’s real estate crisis intensifies and Beijing’s economic priorities shift.

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Former water-treatment engineer says the city has a decades-long history of flooding that could be mitigated with better weather forecasting, particularly in this era of more frequent extreme weather.

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The new branch in Shenzhen is one of the first Hong Kong projects in the Hetao zone, which will take the lead in serving hi-tech companies, as the two cities work on building a global hub.

The Chinese internet giant’s foundation artificial intelligence model provides a range of functions, including image creation, copywriting and text recognition, that can be applied in multiple industries.

China’s package of relief measures to support the property sector triggered a home-buying spree over the weekend as hundreds of families in Beijing and Shanghai took advantage of lower down payments and mortgage rates.

Huawei is in the process of building 15 million units of the Mate 60 series, with at least 7 million handsets expected to be sold, according to analysts.

Lawmaker and two industry experts say new blueprint a move by Beijing to put pressure on Hong Kong and Shenzhen to speed up cooperation at site along border.