China's southern tech hub of Shenzhen plans to "fully compete" in emerging sectors such as artificial intelligence, announcing 160 billion yuan (US$22.07 billion) in "new-type infrastructure" investment for the year as it called on the city to embrace challenges like a "seabird braving the storm.
For years, Shenzhen has been synonymous with Chinese innovation. The southern megacity - and the firms it has spawned over the decades - have become the indisputable champions of the country's drive for technological self-reliance,
In 2024, China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 3.5 percent year-on-year to reach 48.79 trillion yuan ($6.8 trillion), according to the National Bureau of Statistics.
The Shenzhen innovation ecosystem is different from anything in the West. Companies may find themselves competing not with individual companies but with entire ecosystems
The southern tech hub is stepping up its support for home-grown innovation with a package of policies to stay competitive in cutting-edge fields.
A 2024 report released by the China Development Research Foundation highlights that issues like myopia, obesity and scoliosis are surpassing infectious diseases as primary health concerns. Mental health problems, including high anxiety and depression rates, are also rising. Students and parents have widely welcomed the "one PE class a day" policy.
From Beijing trying to reset relations with Tokyo to Hangzhou rivalling Shenzhen, here’s a round-up from today’s China and economy coverage.
The travel rush during China’s biggest holiday is often read as a barometer for the country’s economic health. Read more at straitstimes.com.
The south China tech hub of Shenzhen will launch a 10 billion yuan (about 1.39 billion U.S. dollars) industry fund to support the development of artificial intelligence (AI) and robotics, focusing on AI software, hardware and embodied intelligence, local authorities said Sunday.
China is ramping up its investment in science and technology innovation across the country, with cities like Shenzhen in South China's Guangdong Province announcing on Sunday plans to align with global and national innovation resources,
A delegation of Dubai leaders from 14 government entities continued their strategic visit to Shenzhen, organised by The Executive Office in collaboration with Dubai Chambers.The visit, which concludes tomorrow,