CCTV.com - CNTV English - CCTV News

Economic restructure boosts Shenzhen's economy

07-14-2010 08:59 BJT Special Report:30 Anniversary of Shenzhen SEZ |

Watch Video

Play Video

The special economic zone of Shenzhen recorded steady growth in the first half of this year. The city's industrial output, export, investment and expenditure increased during the 6-month period, thanks to the ongoing economic restructure.

Emerging industry is a key focus in the development of Shenzhen's economy. The local government has made economic restructuring a top priority. It's set up funds to boost the development of emerging industries including biology, new energy and Internet. The government is also boosting development for these industries by implementing supporting policies.

Yin Yong, Official of Shenzhen Science, Industry and Trade Comm. said "We should speed up putting these supporting policies into effect, and integrate policies on science and technology, industry, trade and human resources into an all-round supporting policy to further develop the emerging industries."

Shenzhen also plans to invest more than 300 billion yuan in advanced technology projects. It will optimize the city's economic structure.

Shenzhen's economy increased by more than 11 percent year on year, to more than 420 billion yuan by the end of the first half of this year.

Editor:Xiong Qu |Source: CCTV.com

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program