Shenzhen

All news and posts of our editorial team on the topic

Alicia Hennig – clear words on China
“For me, a world broke down in Shenzhen,” says Alicia Hennig when she thinks back to her time as a lecturer in China. In 2015, the business ethicist came to the local Harbin Institute of Technology for a teaching position. She brought with her many positive memories of previous internships in Shanghai and Jiangsu. After all, […] continue reading →
Scor – German rapper in Shenzhen
Scor (real name: Tim Oelrich) maneuvers through the narrow streets of Shenzhen on his bicycle. He is looking for a testing station to take the mandatory daily PCR test. The waiting lines are long, so he has to drive from one test station to the next. The red walls that will soon close off entire […] continue reading →
Shenzhen steps in to help Evergrande
Troubled real estate developer Evergrande is working with the Shenzhen government to finish several construction projects in the city that had to be put on hold due to payment difficulties. According to a joint statement released on Tuesday by Evergrande and the city-owned real estate investment company Longgang Ancheng Investment Operation Co Ltd, the two […] continue reading →
First ever regulations for free autonomous driving
Shenzhen is the first city to ever permit autonomous driving on its roads and to regulate it accordingly: In the event of an accident, the operator of the vehicle will be held liable, not the manufacturer. With its population of 20 million, Shenzhen is one of the world's most densely populated cities, making it a pioneer for a nationwide regulation that is currently being drawn up in parallel in Beijing. continue reading →
Shenzhen sends 100 companies into closed loop
The city of Shenzhen has imposed a closed loop system on 100 large enterprises to reduce worker contacts. The measure should decrease the number of Covid infections in the metropolis. Major industrial companies such as BYD, Foxconn, Huawei, ZTE, drone maker DJI, and also oil company CNOOC are affected, Bloomberg reported. According to the report, […] continue reading →
Shenzhen sparks debate on assisted dying
As the first Chinese city, Shenzhen has passed a law on living wills. It gives terminally ill patients more choice for a dignified death. The new regulation is a huge step. It also triggers a public debate about assisted dying. continue reading →
Shenzhen becomes city of autonomous driving
The southern Chinese tech metropolis of Shenzhen wants to open up all its main roads to self-driving cars. This would make the mega-city the first city in the world to permit the new technology on such a large scale. The corresponding draft laws are already at a final stage. continue reading →
Delays at the port of Shenzhen
China’s strict no-covid policy could soon affect the port in Shenzhen. As Bloomberg reports, 31 ships are already waiting outside the world’s fourth-largest port. Recently, eight new covid infections have occurred in Shenzhen. One of the infected is a port worker. Authorities suspect the Covid cases were transmitted through imported goods. They responded with mass […] continue reading →
Battle over the action cam market
The segment of waterproof sports cameras, so-called action cams, is a highly competitive one. It is one of the last bastions of American camera brands. Chinese drone and camera manufacturer DJI has become the toughest competitor of US company GoPro here. This shows that more and more US companies are on the retreat against the technically sophisticated Chinese competition. continue reading →
Klaus Zenkel – chairman with a background in medical engineering
The wheels of Chinese bureaucracy can sometimes grind slowly, just as they do in Germany. Klaus Zenkel has taken the position of Chairman of the European Chamber of Commerce in South China in April this year and represents the interests of its members in the region. The power shortage, in particular, has hurt European companies […] continue reading →
Shenzhen is allowed to obtain funds on the global market
A big step for the opening of China's financial markets: Shenzhen has become the first Chinese city to issue a bond to international investors. Until now, borrowing by Chinese municipalities has been an internal affair. Foreign participation could bring a new professionalism to local government financing. But it also ties the global financial market more closely to China – for better or worse. continue reading →
Hong Kong’s megaplan of a new metropolis
Up to now, much of Hong Kong's business life has taken place around Victoria Harbour. But now a huge new center is to be built in the very north of the special administrative region. The financial metropolis and the neighboring city of Shenzhen are growing together. continue reading →
Beijing wants to put a price tag on the environment
China wants to put a price tag on the environment. The idea behind it: If nature has a financial value, it is more likely to be protected. This not only has consequences for companies able to gain points for their environmental score, similar to the social credit system. But for the careers of Chinese officials, the preservation of "ecological goods" could also soon become just as important as economic growth – one of their responsibilities. continue reading →
The Unicorns of the Pearl River Delta
The number of Chinese "unicorns" is rising. Especially in the Greater Bay Area of the Pearl River Delta, highly valued start-ups find a thriving ecosystem. The US is still far ahead in the number of unicorns. However, China is catching up in leaps and bounds. continue reading →
Artificial Intelligence in China: Shenzhen Releases First Local Regulations
As a frontier city in the technology industry, Shenzhen’s regulations may be influential in setting the national standards for artificial intelligence in China. Local regulations on AI include the approval of products and services, education and research, procurement and functional benefits, and the ethics of their use. continue reading →
An export model as export product
How has China managed to become the technological innovator it is today? How competitive are China's innovations? Economists from the Kiel Institute for the World Economy (IfW) and King's College London have analyzed data of over 170,000 Chinese companies. Their findings: The strong export orientation of Chinese firms across all sizes and industries has contributed significantly to their success. continue reading →
Extreme weather to hit Chinese cities hard in the future
China’s mega-metropolises are increasingly affected by heatwaves and extreme precipitation, according to a newly published report by Greenpeace East Asia. The NGO has analyzed the risks of extreme weather events as a result of climate change. According to the report, the duration and frequency of heatwaves have increased sharply in the three metropolitan regions of […] continue reading →
Catching up with autonomous driving: Germany lags far behind
German Transport Minister Andreas Scheuer claims that a recently passed law will make Germany "the first country in the world to put self-driving vehicles on the road." By 2022, this should be achieved. In China, however, autonomous driving cars, without safety drivers and centralized control, have been on the road since late 2020. And the gap between developments in Germany and the People's Republic is likely to widen. continue reading →