Data-driven economic transformation towards a new round of economic growth
Among the latest trends of innovation-driven development in today’s world, digitalization has become one powerful driver of global development and has profoundly affected the way of production and the way of life. In the digital age, China’s economy and society are also moving towards high-quality development, embracing crucial strategic opportunities for its digitalization drive.
It is important to accelerate the development of the digital economy, use information technology to improve governance and government services for a securer society and better life, and further stimulate innovation and entrepreneurship to create new growth drivers, so as to enhance the growth momentum and application of information technology toward building China into a global digital power. Read more
Shenzhen and Hong Kong “Twin City” cooperation to jointly build an international technology innovation centre
In future in-depth cooperation, Shenzhen and Hong Kong will synergize their strengths in science and technology innovation in building an international science and technology innovation center.
In a mere four decades, the concept of Shenzhen-Hong Kong “twin cities” has been felt across many sectors, including daily life, economy, technology, and manufacturing, with growing exemplary effect.
As Shenzhen and Hong Kong proactively integrate themselves into the development of Guangdong-Hong Kong-Macao Greater Bay Area, both cities should be aware of their unique strengths in a mutually complementary partnership. Read more
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Gyeonggi Research Institute Delegation Visits CDI
On May 20, Gyeonggi Research Institute Delegation visited CDI. Discussion surrounded the development of Shenzhen Special Economic Zone, Shenzhen’s transformation in terms of society, economy, and regulations, as well as Shenzhen and Hong Kong’s relation and cooperation throughout the years. Dr. Lee Jung Hoon proposed the vision of cross-border special economic zone between South and North Korea and Shenzhen’s successful experience should shed light on the planning and development of the special economic zone.
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Shenzhen, hometown of Huawei, will offer tax breaks to overseas & local talent to maintain edge in tech amid trade war
City will lower salary tax to 15 per cent from the current 45 per cent to spur innovation, says deputy mayor
South China Morning Post
May 27, 2019
...It seems the Shenzhen government has been given permission by Beijing to extend favourable tax rates to not only foreign talent, but also local talent, said Zeng Zhen, executive director of the department of urbanisation research at Shenzhen-based think tank China Development Institute.
“The key now is how to define top talent,” he said, adding that it would not be long before the Shenzhen government releases specific standards. He said the city’s most urgent need was professionals in electronics and telecommunications: “In short, all the sectors where China sees itself being contained by the US, technology wise.” Read more
Based in Shenzhen, Guangdong Province, China Development Institute (CDI) is a non-governmental and market-oriented think tank which was founded in 1989 on approval from the Chinese State Council. CDI was designated as one of the 25 China Top Think Tanks in 2015.
CDI develops solutions to public policy challenges through broad-scope and in-depth research to help advance China’s reform and opening-up. CDI is committed to providing proactive, innovative and practical research and consultation for China’s central and local governments and businesses at home and abroad. Its research and consultation is centered on macro strategy, regional economy, urbanization, industrial development, business strategy and decision-making.
Among the latest trends of innovation-driven development in today’s world, digitalization has become one powerful driver of global development and has profoundly affected the way of production and the way of life. In the digital age, China’s economy and society are also moving towards high-quality development, embracing crucial strategic opportunities for its digitalization drive.
In future in-depth cooperation, Shenzhen and Hong Kong will synergize their strengths in science and technology innovation in building an international science and technology innovation center.
On May 20, Gyeonggi Research Institute Delegation visited CDI. Discussion surrounded the development of Shenzhen Special Economic Zone, Shenzhen’s transformation in terms of society, economy, and regulations, as well as Shenzhen and Hong Kong’s relation and cooperation throughout the years. Dr. Lee Jung Hoon proposed the vision of cross-border special economic zone between South and North Korea and Shenzhen’s successful experience should shed light on the planning and development of the special economic zone.
Based in Shenzhen, Guangdong Province, China Development Institute (CDI) is a non-governmental and market-oriented think tank which was founded in 1989 on approval from the Chinese State Council. CDI was designated as one of the 25 China Top Think Tanks in 2015.
businesses at home and abroad. Its research and consultation is centered on macro strategy, regional economy, urbanization, industrial development, business strategy and decision-making. 