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Most stringent IP protection rule issued Enterprises and individuals with a record of intellectual property (IP) infringement will not be allowed to participate in the city government’s projects for five years under the Shenzhen IP protection regulation that went into effect Friday, the Southern Metropolis Daily reported over the weekend. 2019-03-05 09:49:00
Property sellers in city enjoy lower tax rates Property sellers in the city are able to enjoy lower tax rates on second-hand housing transactions, as taxpayers’ value-added tax (VAT) and stamp duty have been reduced by half according to a new policy, the Shenzhen Evening News reported yesterday. 2019-02-21 10:36:00
City supports growth of private businesses Shenzhen will make sustained efforts to bolster the private economy and help private enterprises prosper by creating a better business environment and thoroughly implementing various tax-reduction policies this year, the Shenzhen Economic Daily reported yesterday. 2019-02-14 14:31:00
Shenzhen pilots commercial 5G networks Shenzhen will take the lead in piloting commercial 5G networks this year with a total of 1,955 5G base stations expected to be built and 851,000 new users to be connected with fiber Internet with a speed of 100Mbps or higher. 2019-02-12 10:45:00
Firms exempted from ￥241b in taxes Shenzhen reduced taxes by 241.14 billion yuan (US$3.55 billion) for local enterprises last year, an increase of 2.64 billion yuan, or 12.3 percent, compared to 2017, according to the city’s tax bureau, the Southern Metropolis Daily reported. 2019-01-25 09:27:00
2.56 billion yuan of tariffs slashed for imported goods Enterprises in Shenzhen have enjoyed preferential tariffs totaling 23.95 billion yuan (US$3.5 billion) on goods imported from Hong Kong under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) since 2004, with tariff concessions amounting to 2.56 billion yuan, official statistics showed. 2019-01-10 11:08:00
IP platform aims to support cultural industry A third-party platform, created by China Cultural Media Group Co. Ltd. (CCMG) for IP services, was introduced at a road show held Tuesday in Shenzhen to support the city’s cultural and creative industry. 2019-01-10 10:55:00
Shenzhen Golden Coast Tourism Festival kicks off Performers of the Yao ethnic group play the traditional Yao trombone at the opening ceremony of the 17th Shenzhen Golden Coast Tourism Festiva... 2018-12-26 16:50:00
Facial recognition systems adopted at public schools in Yantian So far, 40 schools in Yantian District have connected their surveillance systems to the police’s network. The city’s education bureau recently said... 2018-12-26 16:47:00
Subsidies unveiled to further cut emissions The city will offer appropriate amounts of subsidies to enterprises that adopt green technologies for power generation, eliminate boilers, reduce t... 2018-12-26 16:31:00

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