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Shenzhen news

ChiNext Shenzhen a Hit with China’s SMEs

Column

The ChiNext stock market hosted by the Shenzhen Stock Exchange, has proven so successful after its launch last year that it has now launched a benchmark index for its Nasdaq-style trading.

Shenzhen Metro Users to Pay Fares via Phones

Briefing

Residents will be able to pay their Metro fares through their mobile phones by the end of the year, according to a meeting on Metro construction Saturday.

Golden Milestone for Shenzhen

Briefing

To celebrate the 30th anniversary of the Shenzhen Special Economic Zone, the People's Bank of China will issue gold and silver commemorative coins this week.

Shenzhen Road Signs to Retain Chinese Characters

Briefing

The Shenzhen transport authority will allow freeway names to bear Chinese characters as before as well as figures, in a move to help drivers adapt to the new signs.

Two Shenzhen Firms Make Global 500

Briefing

Two Shenzhen-based firms —Ping An Insurance and Huawei Technologies — appear in Fortune Global 500 this year.

Shenzhen Rated Top for Innovation

Briefing

Shenzhen is the most innovative among major Chinese cities thanks to its high level of creativity and pool of young creative talent, according to a ranking of Chinese cities released on July 8.

Salary Adjustment Questionable at Foxconn and other Firms

Briefing

Although many manufacturing firms within the Pearl River Delta area, including Foxconn, announced salary increases for employees, in practice, their paychecks remain the same, according to media re

Shenzhen: Taxi Scam Overcharges Passengers

Briefing

The city government has discovered a widespread scam in which green taxi drivers overcharge passengers with an electronic device dubbed the “bomb.”

Shenzhen- Foxconn Relocates Production to Cut Costs

Briefing

Taiwain's high-tech giant Foxconn plans to move its major production line from Shenzhen to Langfang in North China's Hebei province in an attempt to reduce labor costs, chinanews.com.cn reported Th

McDonald's Forms Alliance With Shenzhen Subway Operator, Plans More Outlets

Briefing

U.S. fast-food giant McDonald's Corp. (MCD) formed a five-year strategic alliance Friday with subway operator Shenzhen Metro Group Co.