Shenzhen’s GDP Surpasses RMB 2.2Trillion in 2017 and Attracted 263,000 Talented Individuals
Shenzhen’s GDP is expected to have surpassed RMB 2.2 trillion in 2017, up 8.8% year-on-year, while 263,000 talented workers were drawn to the metropolis last year, up 42%, said Chen Rugui, Mayor of Shenzhen, in a government work report delivered at the beginning of the sixth session of the Sixth People’s Congress of Shenzhen Municipality on January 17.
Chen said that in 2017, Shenzhen had implemented new innovation-focused development strategies and 10 action plans, and tackled technical issues affecting major projects.
Last year, Shenzhen established eight major high-tech infrastructure projects, created three labs led by Nobel prize winners, three basic research institutions, five innovation centers for the manufacturing industry, seven innovation centers overseas, and added three national-level model bases for innovation and entrepreneurship, such as those in Futian District and Tencent. It also established 11 new research institutions and innovation bodies, with the total research and development outlay surpassing RMB 90 billion, accounting for 4.13% of GDP.
Meanwhile, 3,193 national high-tech companies were established, bringing the total number to 11,200. The city introduced 12 full-time academicians, 66 talents under the “Recruitment Program of Global Experts” program and 30 teams under the “Peacock Plan”. It also rolled out 36 measures to strengthen intellectual property protection, while the city secured 15 Science and Technology Awards and five golden prizes in the China Patent Awards, accounting for one fifth of the nation’s total. Of all the city’s patents, 85% have been held for over five years, ranking first in China, signaling how Shenzhen has made solid progress in improving its innovation capabilities.
To attract more innovative talent, Shenzhen aims to introduce 10 full-time academicians, 30 teams under the “Peacock Plan” and over 1,000 high-level talents from within China and from overseas in 2018. It will add 80,000 jobs and build 80,000 apartments to house talented individuals and low-income earners.