APEC, Shenzhen and China
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Guangzhou-based think tank director Zheng Yongnian urges city government to be more proactive and link up with neighbouring powerhouse.
Chinese President Xi Jinping announced that Shenzhen will host the 2026 APEC Economic Leaders’ Meeting, marking China’s third time as APEC chair. Expressing gratitude for the transfer of presidency, Xi hailed Shenzhen as a “miracle in world development” and a “window of China’s opening-up.
A "state-level" testing platform for automotive semiconductors has opened in Shenzhen in China's latest effort to boost technological self-reliance, as a Sino-Dutch dispute over chipmaker Nexperia puts the global car sector's supply chains at risk.
The initiative forms part of efforts to operate a network of more than 100 ‘Golden Bauhinia’ satellites above the Greater Bay Area.
On Saturday, Chinese President Xi Jinping announced here that Shenzhen will host the Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting in November 2026.
China Vanke, a state-backed property developer battling liquidity stress, said on Sunday its largest shareholder, Shenzhen Metro Group, agreed to provide loans of up to 22 billion yuan ($3.09 billion),
Criminal suspect Bai Suocheng is escorted by Chinese police officers at the Kunming Changshui International Airport in Kunming, Southwest China's Yunnan Province, Jan 30, 2024. Photo:Xinhua On Tuesday,
Dai Yonghong, dean of Shenzhen University's College of International Studies, said the choice of the city to host APEC was of symbolic importance. "Shenzhen serves as a window showcasing China's development model, acting as a testing ground for the country's reform and opening-up, and standing as a prime example of the success," Dai said.