The recently released 2023 Shenzhen Robotics Industry Development White Paper, compiled by the Shenzhen Robotics Association, paints a picture of a burgeoning robotics sector in the southern Chinese metropolis. A staggering 10,408 new robotics companies registered in the city last year, representing a robust 19.62% year-on-year increase. This surge in new players is geographically concentrated,...
Shenzhen’s Cross-Border E-Commerce Booms, Surpassing 110 Billion Yuan in Q1
Shenzhen, a leading force in China’s cross-border e-commerce landscape, has shattered records in the first quarter of 2024. The city’s import and export volume in this sector surpassed a staggering 110 billion yuan (US$15.2 billion), marking a year-on-year surge of over 95%. This impressive figure not only sets a new high for Q1 but also...
Shenzhen Races to Become Ultrafast Broadband Leader by 2024
Shenzhen is setting its sights on becoming a world leader in ultrafast broadband by the end of 2024. The city unveiled an ambitious action plan outlining its strategy to achieve this goal. The plan focuses on four key areas: expanding its 5G network, promoting data center construction, advancing satellite internet capabilities, and prioritizing applications for...
Shenzhen and Fosun Pharma Join Forces to Fuel Biomedical Innovation
Renowned technological hub Shenzhen is strategically expanding its focus to solidify its position as a leader in healthcare manufacturing. To accelerate this growth, the city government is joining forces with Fosun Pharma, one of China’s biggest pharmaceutical producers, to establish a massive US$700 million healthcare fund. This 10-year initiative, spearheaded by the Shenzhen Guidance Fund...
Shenzhen to Add Nearly 16,000 New Roadside Parking Spots in 2024
The Shenzhen Municipal Transport Bureau recently unveiled a plan to introduce nearly 16,000 new roadside parking spots across the city in 2024. This proposal, currently in its preliminary stages, aims to address parking concerns and improve accessibility in various areas. The plan outlines a strategic allocation of the new parking spaces, with 84% slated for...
Shenzhen Buzzes Back: Record-Breaking Spring Festival Travel Surge
Shenzhen welcomed a phenomenal 9.38 million visitors during the recent eight-day Spring Festival holiday, showcasing a remarkable 79% increase compared to the previous year. This influx signifies a significant rebound in travel enthusiasm following the pandemic’s disruptions, revitalizing the city’s transportation network and local economy. Departure figures mirrored the arrival boom, with a 42% year-on-year...
China Powers Ahead in Global Electric Car Race
China continues to dominate the global market for new energy vehicles (NEVs), accounting for a staggering 63.5% of all sales in 2023. This represents a significant jump from the previous year, with China selling a whopping 8.87 million NEVs – an impressive 37% increase. NEV penetration within China itself is also soaring, reaching nearly 30%...
Shenzhen Blazes a Trail: Nurses Prescribe in China’s First Pilot Program
In a landmark move, Shenzhen has shattered a longstanding medical barrier in China. The southern metropolis has become the first city to allow specially trained nurses to prescribe certain medications and order diagnostic tests. This pilot program, brimming with both promise and caution, aims to revolutionize healthcare delivery and ease the burden on China’s overburdened...
Hong Kong-Zhuhai-Macao Bridge to Open for Tourism Trial Operation on December 15
Get ready to experience the marvel of engineering and scenic beauty of the Hong Kong-Zhuhai-Macao Bridge! The much-anticipated trial operation for tourism starts on December 15, 2023. Ticket Information: How to Book Your Tour: Eligibility: Route and Duration: A Unique Experience: This trial operation offers a fantastic opportunity to: Don’t miss this chance to be...