Posted 1/30/2024, 11:07:08 PM
Shenzhen Sets Ambitious 2024 Targets for Tech Innovation and Economic Growth
- Shenzhen aims to achieve over $209B in industrial output from strategic emerging industries by 2024, representing 7%+ growth
- The city plans to grow its overall economy by 5.5% in 2024, exceeding targets set by other major Chinese cities
- Shenzhen seeks to break free of Western tech restrictions and drive innovation in areas like vehicles, aerospace, robots, and genetics
- The city will add 20+ new research institutes and high-level science teams to boost tech development
- As a leader in the Greater Bay Area, Shenzhen could play a big role in China's economic and technological resurgence