orSign up

Follow us:
wechat

Innovation is key to Shenzhen's success

2015-June-16       Source: CCTV.com

Shenzhen has surpassed Hong Kong in economic competitiveness for the first time, according to the latest 2015 China Urban Competitive Report released by the Chinese Academy of Social Sciences.

Shenzhen has surpassed Hong Kong in economic competitiveness for the first time, according to the latest 2015 China Urban Competitive Report released by the Chinese Academy of Social Sciences.

Shenzhen is not only home to world leaders in innovation such Huawei, ZTE and Tencent; it also attracts thousands of smaller innovative companies.

Dr. Liu Zizhong began his hardware business in 2012 with its headquarters in Shenzhen. Using state-of-the-art technologies, some of his products have broken world records. With the ambition to change the shape of the current electronics industry, Dr. Liu said Shenzhen is the ideal place for a high-tech company like his.

According to the 2015 China Urban Competitive Report, released in May by the Chinese Academy of Social Sciences, Shenzhen has overtaken Hong Kong in terms of comprehensive economic competitiveness and relegated the SAR to second spot. Hong Kong is ranked just ahead of Shanghai, Taipei and Guangzhou. Local officials say innovation is the key to Shenzhen's fast growth.

In the next few years, Shenzhen will take more efforts to attract cutting-edge technologies and innovative companies

As China's first special economic zone, Shenzhen is now home to thousands of innovative companies and more than 10 million migrants from all over the country. Experts believe that in order to sustain this growth, the city will have to stimulate further advances in technology and innovation.

Editor: Keane Wong

Scan to share on WeChat

Scan to follow us on WeChat

0
Most popular
Day |
Week |
Month
Key Words

Home|About us|Contact us|Southcn.com

WWW.NEWSGD.COM. All rights reserved.

WWW.NEWSGD.COM. All rights reserved.|Registered number 020074| 粤公网安备 44010402000511号|ICP备案号 粤B-20050235-8