Topic

Shenzheni

As part of Deng Xiaoping’s 'reform and opening up' policies, China named Shenzhen a special economic zone in 1980. Over the next 40 years, Shenzhen transformed from a rural backwater with a population of 20,000 to China's answer to Silicon Valley. It forms part of the “Greater Bay Area”, so created in 2016 by the Chinese government, which groups nine Guangdong cities with Hong Kong and Macau as an economic hub.

 

 

Advertisement

Hong Kong professionals will find it easier to operate in the economic zone, and easing of investment restrictions will help revive economies in the city and mainland China.

  • Scores of elderly Hongkongers were seen lining up to grab the ‘Octopus – China T-Union Card’ on its launch day
  • Gary Ng, senior economist at Natixis Corporate and Investment Bank, says popularity of new card may stimulate more cross-border spending

Post finds new ‘Octopus - China T-Union Card’, which allows for public transport use in 336 mainland cities, has been selling fast at MTR stations and convenience stores.

City’s finance chief and California’s secretary for environmental protection Yana Garcia call for political differences to be put aside at a University of Hong Kong forum.

Advertisement
Advertisement

Singapore continues to outrank Hong Kong – albeit by a single point – as the top financial centre in Asia, according to the latest edition of the semi-annual Global Financial Centres Index (GFCI).

The first two months of 2024 were lucrative for the southern tech hub even as some of its biggest private players and industry champions remain under sanctions imposed by Washington.

Fosun Pharma will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular biology, genetics and other fields related to biomedicine.

videocam

The US tech giant’s latest initiative shows that it remains committed to boosting capital spending in the world’s largest smartphone market, despite sluggish iPhone sales.

Readers discuss Hong Kong’s plans for an information and technology zone at the northern border, the proposed monthly firework displays, crowds on a bus route popular with tourists, and the need for a better strategy to promote the city.

Four hundred hikers from Hong Kong brave the rain to walk Shenzhen’s Kunpeng Trail, in 10th such event hoping to lure trekkers over to try local scenery.

Shenzhen’s municipal government plans to boost the number of its native apps built on HarmonyOS and push for their adoption across major sectors, including education, healthcare, banking, transport and welfare.

Organisers of the inaugural Art Week Shenzhen hope to capitalise on the presence of international collectors who will be attending Art Basel Hong Kong in the same week just across the border.

Readers discuss Hong Kong’s position in China’s economy, the growing importance of the Shenzhen Bay control point, and a warning from Malaysia’s new king.

Growing number of elderly Hongkongers opting to live across the border, but concern groups say fundamental differences between local and mainland’s healthcare system still a deterrent.

videocam

Hongkongers eligible for subsidies will by the third quarter be able to spend them at seven additional hospitals and dental clinics in southern China. Fostering a stronger culture of preventive medicine will help ease the burden on local hospitals and clinics

Development Bureau says it is considering adopting new model to convert sections of the 411-hectare area into designated spaces for technology and tourism purposes.

Economic damage will be significant if all Hong Kong elderly residents in mainland China opt to use dental services across the border, Dental Association president Spencer Chan says.

DAB says more stock exchange listings from mainland would boost city’s standing as major financial centre and increase global profile of Chinese companies