Guangdong province, historically a key driver of China’s economic growth, has continued to lag behind the national average in terms of gross domestic product (GDP), with the gap widening further due to an ongoing property market crisis and uneven performance across its cities. For the first three quarters of the year, Guangdong’s GDP grew by...
Tag: Shenzhen
Shenzhen’s Container Throughput Surges by 16.33%, Driven by NEV Exports and Cross-Border E-Commerce
Shenzhen’s container throughput reached an impressive 20.25 million twenty-foot equivalent units (TEUs) from January to August this year, marking a significant 16.33% year-on-year growth, according to Shenzhen Customs. The city’s exports of new energy vehicles (NEVs) have also experienced notable growth, with the value of NEV exports hitting 15.15 billion yuan (US$2.14 billion) in the...
Japanese Schoolboy’s Murder in China Sparks Fear Among Expats, Prompts Corporate and Diplomatic Response
The killing of a 10-year-old Japanese boy in Shenzhen has triggered alarm among Japanese expatriates living in China. Major Japanese companies like Toshiba, Toyota, and Panasonic are taking steps to safeguard their employees. Toshiba has urged its staff to stay vigilant, Toyota is offering support and information, while Panasonic has gone further, providing free flights...
Meizhou-Longchuan High-Speed Rail Section to Open, Cutting Travel Time Between Shenzhen and Meizhou to 1.5 Hours
The Meizhou-Longchuan section of the Longyan-Longchuan High-speed Railway is set to open on Saturday, reducing travel time between Shenzhen and Meizhou in northeastern Guangdong Province to just 1.5 hours, according to Shenzhen North Station. This 94-kilometer section is part of the larger 290-kilometer Longyan-Longchuan High-speed Railway, linking Longyan in Fujian Province with Heyuan in Guangdong....
Shenzhen Dance Drama “Wing Chun” Set for UK Tour at London’s Sadler’s Wells Theatre
Following its successful international debut in Singapore last year, the Shenzhen dance drama “Wing Chun” is gearing up for its second overseas tour, this time in the United Kingdom. The production will grace the stage of London’s renowned Sadler’s Wells Theatre for a series of 12 performances from Friday until September 7. This critically acclaimed...
Christchurch Mayor Phil Mauger Visits Shenzhen to Strengthen Bilateral Relations
Christchurch Shenzhen Collaboration: Strengthening Global Ties In an effort to deepen the Christchurch Shenzhen collaboration, Phil Mauger, the mayor of New Zealand’s second-largest city, made his first official visit to Shenzhen from Sunday to Tuesday. This visit was part of his two-week trip to China, emphasizing the growing connection between the two cities. Strengthening Bilateral...
Shenzhen Sees ¥8.7B in Noncash Payments by Foreigners in H1
In the first half of 2024, Shenzhen recorded 66.8 million noncash payment transactions by foreigners, amounting to 8.7 billion yuan (US$1.2 billion). This represents an 85% year-on-year increase, according to data from the People’s Bank of China Shenzhen Branch, as reported by Shenzhen Special Zone Daily. Shenzhen has enhanced the payment experience for foreigners, facilitating...
City’s Property Market Sees Promising Signs
Shenzhen’s real estate market is showing promising signs of recovery, highlighted by the rapid sale of all 116 apartments in the new Haideyuan A estate on Sunday. Located in the Antuoshan area of Futian District, this development made headlines as the first project this year to achieve such swift sales, selling out in under three...
Helicopter Service Available at Shenzhen North Station
Travelers can now reach over 90% of the Guangdong-Hong Kong-Macao Greater Bay Area within one hour, thanks to the newly launched helicopter services at Shenzhen North Station. On a historic day, a helicopter operated by Shenzhen Eastern General Aviation Co. took off from the eastern square of Shenzhen North Station, carrying 10 passengers. This event...
Discover the Culinary Wonders of Shenzhen’s Top Food Streets
Shenzhen, a vibrant city in China, offers a diverse and rich culinary scene where foreign and Chinese cuisines blend seamlessly. Here are some of the top food streets in Shenzhen that are a must-visit for any food lover: Sea World 海上世界Located in Nanshan District, Sea World is a perfect representation of Shenzhen’s international side. The...