Business
City sees 82.9% surge in foreign investment |
2024-05-07
The first quarter of the year saw an impressive 82.9% surge in foreign investment, which highlights the unwavering confidence that foreign enterprises continue to have in Shenzhen, as reported by Shenzhen Special Zone Daily yesterday.
Payment services for overseas visitors improved significantly |
2024-04-22
Payment services for overseas visitors in Shenzhen have undergone remarkable improvements, allowing them to make seamless payments using various methods such as overseas bank cards, QR codes, cash, and e-CNY hard wallets. These advancements were unveiled during a press conference held at the People's Bank of China (PBOC) Shenzhen Central Sub-branch on Friday.
SZ offers 13 sqkm of new land parcels for investment |
2024-04-19
Shenzhen has offered 13 square kilometers of new land parcels for investment, a move that the government said was aimed at attracting investment and stabilizing business as well as benefiting and assisting enterprises.
19 first stores by intl. brands opened in SZ in first quarter |
2024-04-18
Shenzhen witnessed the opening of 19 first stores by international brands in the first quarter of this year, accounting for over 20% of all newly established first stores.
Overseas visitors able to pay smoothly in SZ |
2024-04-22
Overseas visitors in Shenzhen now have access to a diverse range of payment options, including the convenience of using WeChat Pay for small transactions without requiring ID verification, the national broadcaster China Central Television reported recently.
Plan seeks to expand payment services |
2024-03-29
Shenzhen is accelerating the construction of a consumer center with global influence, according to a work plan issued by the Shenzhen Municipal People's Government.
City's cross-border e-commerce nets ￥110B in first quarter |
2024-04-10
The import and export volume of Shenzhen's cross-border e-commerce exceeded 110 billion yuan (US$15.2 billion) in the first quarter (Q1) of this year, a year-on-year increase of over 95%. The figure hit a new high for the same period, which accounted for more than half of the provincial total in Q1, according to a provincial seminar on high-quality development of cross-border e-commerce held in Shenzhen on Monday.
Intl. payment shopping carnival launched |
2024-04-02
Alla Diasamidze, from Georgia, smoothly withdrew 200 yuan (US$27.6) in cash with her overseas bank card and exchanged the two 100-yuan notes for smaller notes of the same value at the Agricultural Bank of China Shenzhen Branch in Luohu District yesterday morning.
'First stores' accelerate market entry |
2024-03-13
Shenzhen's first-store economy is off to a strong start this year with the accelerated opening of first stores and debuts of new well-known brands.
Robust consumption attracts more inaugural stores |
2024-03-18
When Costco Wholesale Corp. opened its first store in South China on Jan. 12, large crowds of shoppers flocked to the U.S. retailer's new store in Longhua District in Shenzhen.