Shenzhen Government Online
Subsidies, discounts to further boost consumer goods trade-ins
In addition to receiving State subsidies of up to 20% on select household appliances, Shenzhen residents can further benefit from substantial additional discounts on JD.com, which may amount to as much as 60%, according to a policy launch conference at JD.com's home appliances and electronics flagship store in Huaqiangbei, Futian District, on Friday.
SZ firms unveil cutting-edge robotic tech at CES in Las Vegas
The 2025 Consumer Electronics Show (CES) commenced in Las Vegas, the United States, yesterday, with strong participation from Chinese firms. This year's exhibition has over 3,600 exhibitors, including over 1,300 from China.
City's foreign trade surges to all-time high in first 11 months
Shenzhen's foreign trade reached a record high of 4.11 trillion yuan (US$560 billion) in the first 11 months of the year, a 17.4% leap year on year, data from the Shenzhen Customs showed Wednesday. This milestone marks the city's first time surpassing the 4 trillion yuan threshold, underscoring its thriving trade dynamics.
Real estate transactions surge
Shenzhen's real estate market has shown a robust response following the introduction of a new real estate policy Sept. 29, with a surge in transactions and a stable pricing trend, the city's housing and construction bureau said Monday.

Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone

On Oct. 14, 2020, Xi Jinping, general secretary of the Communist Party of China Central Committee, delivered an important speech at the celebration of the 40th anniversary of the establishment of the Shenzhen Special Economic Zone, emphasizing the significance of "planning and building the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (hereinafter referred to as the Hetao Cooperation Zone)." On Aug. 8, 2023, the State Council officially issued the Development Plan for the Shenzhen Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (hereinafter referred to as the Hetao Plan), granting the Hetao Cooperation Zone three development orientations: "pilot area for deepening tech innovation cooperation between Shenzhen and Hong Kong, experimental zone for adopting advanced international tech innovation regulations, and aggregation zone for trial transformation within the Guangdong-Hong Kong-Macao Greater Bay Area." The Hetao Plan clearly stipulates the need to advance the construction of the Shenzhen Park of the Hetao Cooperation Zone with high quality, high standards, and high levels. It also states the phased advancement of the Shenzhen Park's construction with 2025 and 2035 as key milestones. By 2025, an efficient cooperative mechanism for tech innovation between Shenzhen and Hong Kong will be established, showing positive results in open tech innovation cooperation. By 2035, a comprehensive pattern of collaborative innovation with the Hong Kong Park will be formed, making it a world-class research hub.

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