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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  • More than 300,000 Hongkongers travel to mainland on Friday, with others following on Saturday as three-day long weekend gets under way
  • Some of those heading north say cities like Shenzhen offer better value for money and greater food options

Secretary for Culture, Sports and Tourism Kevin Yeung on Saturday says more than 700 mainland tour groups expected to arrive in the city in next few days.

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Hong Kong’s residents have been flocking across the border for high-end shopping trips, but there are tranquil seaside resorts and delicious dining at urban gems to enjoy, too

China Evergrande surprisingly cancelled meetings with offshore creditors scheduled for next week, citing weaker-than-expected sales. The developer has also recently attracted more hostile creditors at home.

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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.

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.