Shenzhen, in southeastern China, is a modern metropolis that links Hong Kong to China’s mainland. It’s known for its shopping destinations, including Luohu Commercial City, a massive mall with a vast array of wares, from tailors’ custom clothing to faux designer bags. The city also features contemporary buildings, such as the 600m-tall skyscraper Ping An International Finance Centre, and a number of amusement parks.
High-Tech Industries and the New Generation Information Technology
Integrated circuit: Build an industrial ecosystem with synergies to support the upgrading of the new-generation information technology industry in Shenzhen.
Artificial intelligence: Fully leverage Shenzhen’s comparative advantages in manufacturing of terminal hardware of AI, storage of user data, innovation in application modes, thus building it as the leader in the global AI industry.
5G technology of mobile communication: Grasp the development window of 5G technology, to consolidate Shenzhen’s leading position in the global communication industry.
New type display: Consolidate its advantage as a manufacturing base for high generation large-size panel, and promote new-type display industry to become a new growth pole in electronic information industries in Shenzhen.
IoT (Internet of Things): Create a well-functioned sustainable development landscape where the upper stream and lower stream industries are closely connected.
ICV (intelligent connected vehicle): Build demonstration areas for ICV applications.
Flexible electronics: Meet the needs of wearable devices. and grasp the high ground of the next-generation electronic manufacturing industry.
In 2018, with another 3,000 newly established national high-tech companies in Shenzhen, the total number exceeds 14,000. Shenzhen is home to a cluster of enterprises spread throughout a variety of high and new technology sectors, of which the electronic information sector is one of the most prominent. This has allowed Shenzhen to become an important nationwide center for the conversion of fruitful high-tech research into successful industrial products.
Shenzhen is one of China’s three major financial centers. In 2018, the added value of Shenzhen’s financial industry exceeded USD 44.8 billion (RMB 300 billion), accounting for 12.7% of GDP. Shenzhen also takes the lead in fin-tech. Shenzhen is the place where the Shenzhen Stock Exchange established. The financial cluster includes the Futian District, Luohu District and Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone which is going to be a demonstration area for the opening up of China’s financial industry with the comprehensive fin-tech ecosystem.
In 2018, the added value of the logistics industry in Shenzhen was USD 37.9 billion (RMB 254.158 billion), achieving a year-on-year increase of 9.35% and accounting for 10.49% of Shenzhen’s GDP. In 2018, Shenzhen became one of the first 22 cities in China to run the green freight transportation demonstration program; SF Express and the other two key logistics companies entered the Fortune China 500 list. With a throughput of 25.74 million TEUs throughout the year, Shenzhen continued to be the fourth-largest container port. Shenzhen Bao’an International Airport established routes to 15 new international passenger destination cities, achieving a total cargo and mail throughput of 1.218 million tons and ranking fourth in China.
Cultural and Creative Industries
Shenzhen was the first Chinese city to utilize a culture-based strategy for city development. In 2018, the added value of Shenzhen’s cultural and creative industry reached USD 39.1 billion (RMB 262.177 billion), accounting for more than 10% of GDP. Shenzhen was the first city nationwide to receive the title of “City of Design” from UNESCO. Design sectors such as industrial design and graphic design are in the vanguard of the nation, and Shenzhen enterprises have led China the iFDesign Awards winner for several times.
High-end Equipment Manufacturing Industry
Intelligent equipment: Consistently promote the deep integration of information technology and manufacturing industry, foster demonstration areas of intelligent manufacturing and guide the transformation of manufacturing companies to modern manufacturing service providers.
Additive manufacturing: Accelerate the establishment of a manufacturing innovation center for 3D printing. Form a full industrial chain covering product design, material, key components, equipment, and application to strongly underpin advanced manufacturing and precision manufacturing.
Green and Low-carbon Industry
Energy conservation and environmental protection: Build the base and innovation center for energy-saving and environmental protection industries in l in motors, semiconductor lighting, household appliances, environmental governance, and other competitive areas.
Hydrogen fuel cell: Improve the whole industrial chain and continuously develop hydrogen economy around aerospace, aircraft, automobile and military industries. With a hydrogen-fueled electric vehicle, it will improve the whole industrial chain and constantly developing a hydrogen economy.
Precision medicine: Implement the “Healthy China” strategy and conduct technological original innovation to solve the source and key issues in precision medicine and its applications. Achieve major breakthroughs in gene tests and individualized treatment technology; establish first-class precision diagnosis and treatment platform and clinical transformation system around the world.
Set up a healthcare big data platform and launch a “Big Science Initiative” for healthcare to build a leading demonstration area for precision medicine globally.
Digital Economy Industry – Financial Technology
Accelerate the establishment of financial technology research institutions to achieve breakthroughs in key technologies of digital currency wallet, verification, and management of the smart contracts, intelligent analysis of financial big data, etc. Enhance financial technology applications and proactively explore new application scenarios in order to become the leading financial technology center around the world.
New Materials Industry
Grapheme: Build a high-level innovation platform by sticking to an application-oriented approach.
Micronano material and components: Reinforce the connection of fundamental research and application study. Accelerate the industrialization to underpin further development of information, material, energy, manufacturing, and other industries.
Marine Economy Industry
Further boost overall marine economic strength and marine technological innovation capability of Shenzhen while sticking to the innovation-driven strategy of integrated development of land and marine economy so as to build Shenzhen into a global marine center city with international appeal, competitiveness, and implication.