Shenzhen Post

China’s economic growth came in higher than predicted at 5.3% for the first quarter, suggesting an improving economic climate

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China’s economic performance in the first quarter of 2024 surpassed expectations, with GDP growth reaching 5.3%. This positive momentum puts the country on track to achieve its annual target of around 5% growth, despite ongoing headwinds. Economists polled by Wind had previously predicted a more modest increase of 4.9%. This stronger-than-anticipated performance underscores a pick-up … Read more

Singapore’s Tech Odyssey: Deputy PM Explores Shenzhen’s Innovation Frontier

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Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies, Heng Swee Keat, spearheaded a delegation of around 30 members on a significant voyage to Shenzhen, China’s dynamic tech hub, on Tuesday. In a meticulously planned itinerary, the delegation embarked on a journey through the technological frontiers of Shenzhen, paying visits to a constellation of … Read more

War Games: Analyzing the Potential Outcomes of a Conflict Between Iran’s Mass and Israel’s Tech

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In the current geopolitical landscape of West Asia, the ominous specter of conflict looms once more, with Israel and Iran finding themselves embroiled in an escalating crisis. At the core of this turmoil lies a pressing question: should the worst-case scenario materialize, who will emerge triumphant? At first glance, the numerical advantage appears to favor … Read more

Shenzhen’s Robotics Industry Gears Up: Surge in New Companies and Innovation

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The recently released 2023 Shenzhen Robotics Industry Development White Paper, compiled by the Shenzhen Robotics Association, paints a picture of a burgeoning robotics sector in the southern Chinese metropolis. A staggering 10,408 new robotics companies registered in the city last year, representing a robust 19.62% year-on-year increase. This surge in new players is geographically concentrated, … Read more

Shenzhen’s Cross-Border E-Commerce Booms, Surpassing 110 Billion Yuan in Q1

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Shenzhen, a leading force in China’s cross-border e-commerce landscape, has shattered records in the first quarter of 2024. The city’s import and export volume in this sector surpassed a staggering 110 billion yuan (US$15.2 billion), marking a year-on-year surge of over 95%. This impressive figure not only sets a new high for Q1 but also … Read more

Signs of Life in China’s Housing Market: Pre-Owned Homes Lead the Recovery

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Early signs of a turnaround are emerging in China’s property market, with the pre-owned homes sector showing particular promise. Data for the first two months of 2024 paints a picture of a market cautiously regaining its footing, fueled by a combination of government stimulus measures and a rise in available listings. Year-on-year sales of pre-owned … Read more

New Technique Unveils Face and Potential Cause of Death for Ancient Chinese Emperor

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Chinese archaeologists have peered through the mists of time, utilizing a groundbreaking DNA analysis technique to reconstruct the face of Emperor Wu of the Northern Zhou dynasty. This emperor, who ruled until his untimely death in 578 AD at the young age of 36, has long been shrouded in mystery, particularly regarding the cause of … Read more

Hengqin Unveils Sweeping Measures to Ignite Tech Innovation

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The Guangdong Macao In-Depth Cooperation Zone in Hengqin has taken a bold step to become a hotbed for technological innovation. They recently unveiled a comprehensive package of “Several Measures for Promoting Technological Innovation Development in the Cooperation Zone,” outlining 22 initiatives designed to supercharge tech advancement across six key areas. These measures prioritize collaboration. Hengqin … Read more

China Accelerates Quantum Race, Narrowing Gap with US Dominance

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Patent data paints a compelling picture of the evolving landscape in quantum technology. From 2013 to 2022, China witnessed a surge in quantum computing patents, accounting for a staggering 56.5% of all domestic quantum-related patents granted. This explosive growth signifies China’s ambitious push to become a leader in this transformative field. A report published by … Read more