Shenzhen
currently has 50 municipal-level startup incubator bases, 80% of which
have received investments from private companies and are highly
market-oriented. Shenzhen has issued a slew of preferential policies for
starting a business. Individuals and partnerships who start a business
can apply for a secured startup loan of up to RMB 300,000 and RMB 3
million, respectively.
Tuesday, July 31, 2018
Shenzhen ranks sixth in economic competitiveness worldwide
On October 30th (“World Cities Day”) the Global Urban Competitiveness
Forum convened in Guangzhou. At the meeting, the National Academy of
Economic Strategy (NAES), Chinese Academy of Social Sciences (CASS) and
the UN–Habitat jointly released The Global Urban Competitiveness Report
2017-2018.
The Report states that Shenzhen ranks sixth in the "Economic Competitiveness Ranking" after measuring the "Economic Competitiveness" of 1007 cities in the world. Shanghai, Guangzhou and Beijing rank 14, 15 and 20 respectively.
Beijing, Shanghai, Guangzhou and Shenzhen not only have the most prosperous buildings, the most diverse inclusiveness, but also are the field of dreams for many people wanting to change their lives. "Economic competitiveness" is the ranking for existing stocks, but for young people, the incremental part (the future) is even more important. The Report also provides an indicator for reference - "Sustainable Competitiveness", which is the sustainability of global competitiveness in the future.In the future rankings of Sustainable Competitiveness (except for Beijing being higher than the indicators of Economic Competitiveness) the sustainable competitiveness indicators of other cities are lower than the rankings of their economic competitiveness and Shenzhen ranks 35th in the world.
Technology and finance are dominating the global economy and occupying the main part of global value chain, especially information technology companies that are showing increasingly more influence. Technological center cities are occupying an increasingly higher status in the global city.
Taking into account factors such as the number of most valuable brands from each city in 2017 and changes in the past ten years, the Report also sets up the future Rankings of "New Global Cities". Among the top 50 cities, Beijing, Shenzhen, Shanghai and Guangzhou are all listed, but for "New Tier-A Cities", only Hangzhou makes the list.
The Report states that Shenzhen ranks sixth in the "Economic Competitiveness Ranking" after measuring the "Economic Competitiveness" of 1007 cities in the world. Shanghai, Guangzhou and Beijing rank 14, 15 and 20 respectively.
Beijing, Shanghai, Guangzhou and Shenzhen not only have the most prosperous buildings, the most diverse inclusiveness, but also are the field of dreams for many people wanting to change their lives. "Economic competitiveness" is the ranking for existing stocks, but for young people, the incremental part (the future) is even more important. The Report also provides an indicator for reference - "Sustainable Competitiveness", which is the sustainability of global competitiveness in the future.In the future rankings of Sustainable Competitiveness (except for Beijing being higher than the indicators of Economic Competitiveness) the sustainable competitiveness indicators of other cities are lower than the rankings of their economic competitiveness and Shenzhen ranks 35th in the world.
Technology and finance are dominating the global economy and occupying the main part of global value chain, especially information technology companies that are showing increasingly more influence. Technological center cities are occupying an increasingly higher status in the global city.
Taking into account factors such as the number of most valuable brands from each city in 2017 and changes in the past ten years, the Report also sets up the future Rankings of "New Global Cities". Among the top 50 cities, Beijing, Shenzhen, Shanghai and Guangzhou are all listed, but for "New Tier-A Cities", only Hangzhou makes the list.
Shenzhen Ranks Third for Digital Talents in China
The Tsinghua SEM
Internet Development and Governance Research Center jointly released the
Digital Transformation in China's Economy: Talents and Employment
report. It shows that the number of digital talents in Shenzhen ranked
third in the country and Shenzhen's digital talents are mainly clustered
in Internet and communications companies.
Digital talents refer to not only those with ICT (Information and Communications Technology) expertise, but also those cross-disciplinary talents with expertise for the complementation and coordination of information technology.
From the perspective of digital transformation in terms of the value chain, digital talents are mainly divided into six categories: digital strategy management, in-depth analysis, product development, advanced manufacturing, digital operating and digital marketing personnel. This study screened 720,000 digital talents by gathering user portraits from multiple dimensions and tracking their career paths.
The report found that the distribution of digital talents in China shows a high degree of consistency with the development of the digital economy. Large cities with the most digital talents in descending order are: Shanghai, Beijing, Shenzhen, Guangzhou, Hangzhou, Chengdu, Suzhou, Nanjing, Wuhan and Xi'an, with Shenzhen ranking third in the country.
In terms of mobility, unlike the phenomenon of "leaving Beijing, Shanghai and Guangzhou" which has been frequently reported in recent years, the mobility of digital talents shows a trend of congregating in first-tier cities. Shanghai and Shenzhen are the cities with the greatest influx of digital talents in the past three years.
Digital talents refer to not only those with ICT (Information and Communications Technology) expertise, but also those cross-disciplinary talents with expertise for the complementation and coordination of information technology.
From the perspective of digital transformation in terms of the value chain, digital talents are mainly divided into six categories: digital strategy management, in-depth analysis, product development, advanced manufacturing, digital operating and digital marketing personnel. This study screened 720,000 digital talents by gathering user portraits from multiple dimensions and tracking their career paths.
The report found that the distribution of digital talents in China shows a high degree of consistency with the development of the digital economy. Large cities with the most digital talents in descending order are: Shanghai, Beijing, Shenzhen, Guangzhou, Hangzhou, Chengdu, Suzhou, Nanjing, Wuhan and Xi'an, with Shenzhen ranking third in the country.
In terms of mobility, unlike the phenomenon of "leaving Beijing, Shanghai and Guangzhou" which has been frequently reported in recent years, the mobility of digital talents shows a trend of congregating in first-tier cities. Shanghai and Shenzhen are the cities with the greatest influx of digital talents in the past three years.
SZ sets up 7 overseas innovation centers
ANOTHER milestone was reached for Shenzhen to become an international innovation hub Tuesday when Shenzhen's seven overseas innovation centers were inaugurated, the Shenzhen Economic Daily reported.
The seven overseas innovation centers in San Francisco, Boston, Seattle, London, Evelyn, Tel Aviv and Toronto are the first batch of the city's overseas institutions.
All seven overseas innovation centers were located in places recognized around the world for their innovation resources. The centers were jointly built by high-tech companies and research institutions in Shenzhen, like the Research Institute of Tsinghua University in Shenzhen, BGI and Tian'an Cyber Park.
One of the overseas centers was co-founded by the Research Institute of Tsinghua University in Shenzhen and Leaguer Group Co. Ltd. in San Francisco. The center is located in the bay area, where the world's top technology talents and corporations, including Intel, Apple, Google and Tesla, are gathered.
The two Shenzhen-based institutions will work with local incubators in San Francisco and Silicon Valley, namely Read Write Lab and Plug and Play, to build a team to operate the innovation center.
Emphasizing artificial intelligence (AI), IOT and health, this particular overseas innovation center will make use of foreign technology media outlets to promote Shenzhen's innovative corporations to the world stage and at the same time, introduce more international brands back home.
Moreover, the overseas center is going to use a special foundation to support cross-border projects to settle in Shenzhen.
Another Shenzhen company is responsible for building the overseas innovation center in Tel Aviv. The company has already come to agreements with Trendlines Group and a high-tech college in Israel to jointly maintain the center and incubate projects in the areas of biomedical, security, AI, drones and robots.
One of the key aspects of fulfilling the city's goal of becoming an international technology and innovation hub is building 10 overseas innovation centers. A plan has been mapped out by the municipal government at the beginning of this year to achieve the goal.
According to the plan, Shenzhen will build overseas innovation centers in the United States, United Kingdom, France, Germany, Belgium, Israel, Canada and other countries and areas that have innovation resources during the 13th Five-Year Plan. The innovation centers are expected to take shape by 2020.
Monday, July 30, 2018
shenzhen’s Indictors for Intellectual Property Rights Continue to Lead the Nation with 80 Patents Granted for Every 10,000 People
80 invention patents per 10,000 people
The Intellectual Property Office of Shenzhen Municipality recently held the "Intellectual Property Policy and Patent Insurance Products Seminar." Reporters learned that, over the years, in Shenzhen the business of protecting intellectual property has made sustained and rapid development, while the city has consistently led the nation across a number of intellectual property indicators. The Intellectual Property Office of Shenzhen Municipality and Ping An Property & Casualty Insurance Company of China, Ltd., have also made some recent progress on the types of insurance products they have jointly developed.
In 2016, the number of patent applications handled by the city maintained stable growth, with the total number reaching more than 145,000. The cumulative number of valid invention patents were more than 95,000, or 80.1 for every 10,000 people, which is 10 times the national average, ranking Shenzhen first nationwide among major cities. PCT patent applications were over 19,000, accounting for about half of the total number of applications nationwide. At the 18th China Patent Awards, the city won four gold awards, with that tally ranking it second among the nation’s major cities nationally. As of the end of 2016, the city has won 27 China gold patent awards.
Chen Mingang, director of the Intellectual Property Office of Shenzhen Municipality, briefed the seminar on the work of intellectual property rights in Shenzhen and the demonstration work on patent insurance. He said that intellectual property has once again become a hot topic in industry, academia and society since the central government put forward an innovation-driven development strategy and the goal of building the country into an innovation powerhouse. The State Council has successively issued the Several Opinions on Accelerating the Construction of a Powerful Nation in Regards to Intellectual Property Rights Under the New Situation and the 13th Five-year Plan for the Protection of Intellectual Property Rights and Utilization Scheme, both of which clearly propose to "strictly protect intellectual property rights and strengthen the use of intellectual property rights."
In 2013, Shenzhen was named as one of the second batch of national patent insurance pilot areas. In August 2016, Shenzhen was assessed by the State Intellectual Property Office as being among the first batch of the nation’s patent insurance model cities. Since the pilot demonstration, the Intellectual Property Office of Shenzhen Municipality has taken effective measures to achieve a certain degree of work effectiveness, which was affirmed by the State Intellectual Property Office. In order to effectively promote the demonstration work of patent insurance, the Intellectual Property Office of Shenzhen Municipality has also developed a Patent Insurance Demonstration Work Program.
During the week of the World Intellectual Property Day on April 26,
the Intellectual Property Office of Shenzhen Municipality and Ping An Property & Casualty Insurance signed a patent insurance strategic cooperation agreement.
Under the agreement, the two sides will jointly explore launching patent insurance policy research, promoting patent insurance products, creating innovative patent insurance products, exploring the construction of a patent insurance service system and the establishment of an intellectual property risk control and decentralization mechanism, increasing patent insurance training and intensifying publicity efforts.
The two sides, through the optimization of patent insurance products as well as insurance service and business models, will build a Shenzhen intellectual property risk management service platform. And during the patent insurance demonstration period, the Intellectual Property Office of Shenzhen Municipality together with Ping An Property & Casualty Insurance were the first in the country to develop a new type of patent insurance - "patent infringement loss insurance."
Chen Mingang believes that the cooperation between the two sides is based on the outstanding performance and reputation of Ping An Property & Casualty Insurance’s business and the responsibility assumed by Shenzhen in carrying out work on intellectual property. "Of course, the city's patent insurance work is still in the exploratory stage, with the current main areas of focus as the following: the varieties of patent insurance are relatively few and options available to businesses are small in scope, while market demand has not yet been fully tapped; some companies do not truly realize the value of patent insurance, and consider it as an operating cost; also, patent insurance needs to be better publicized.”
Shenzhen is a major financial market, with banking, insurance and other segments relatively well developed. The financial industry, including the insurance sector, is one of the four pillar industries in Shenzhen. To achieve protection of intellectual property rights as well as insurance pairing and cooperation, the city must play to its inevitable advantages. It is also an opportunity to strengthen Shenzhen’s intellectual property rights and insurance industries.
The Intellectual Property Office of Shenzhen Municipality recently held the "Intellectual Property Policy and Patent Insurance Products Seminar." Reporters learned that, over the years, in Shenzhen the business of protecting intellectual property has made sustained and rapid development, while the city has consistently led the nation across a number of intellectual property indicators. The Intellectual Property Office of Shenzhen Municipality and Ping An Property & Casualty Insurance Company of China, Ltd., have also made some recent progress on the types of insurance products they have jointly developed.
In 2016, the number of patent applications handled by the city maintained stable growth, with the total number reaching more than 145,000. The cumulative number of valid invention patents were more than 95,000, or 80.1 for every 10,000 people, which is 10 times the national average, ranking Shenzhen first nationwide among major cities. PCT patent applications were over 19,000, accounting for about half of the total number of applications nationwide. At the 18th China Patent Awards, the city won four gold awards, with that tally ranking it second among the nation’s major cities nationally. As of the end of 2016, the city has won 27 China gold patent awards.
Chen Mingang, director of the Intellectual Property Office of Shenzhen Municipality, briefed the seminar on the work of intellectual property rights in Shenzhen and the demonstration work on patent insurance. He said that intellectual property has once again become a hot topic in industry, academia and society since the central government put forward an innovation-driven development strategy and the goal of building the country into an innovation powerhouse. The State Council has successively issued the Several Opinions on Accelerating the Construction of a Powerful Nation in Regards to Intellectual Property Rights Under the New Situation and the 13th Five-year Plan for the Protection of Intellectual Property Rights and Utilization Scheme, both of which clearly propose to "strictly protect intellectual property rights and strengthen the use of intellectual property rights."
In 2013, Shenzhen was named as one of the second batch of national patent insurance pilot areas. In August 2016, Shenzhen was assessed by the State Intellectual Property Office as being among the first batch of the nation’s patent insurance model cities. Since the pilot demonstration, the Intellectual Property Office of Shenzhen Municipality has taken effective measures to achieve a certain degree of work effectiveness, which was affirmed by the State Intellectual Property Office. In order to effectively promote the demonstration work of patent insurance, the Intellectual Property Office of Shenzhen Municipality has also developed a Patent Insurance Demonstration Work Program.
During the week of the World Intellectual Property Day on April 26,
the Intellectual Property Office of Shenzhen Municipality and Ping An Property & Casualty Insurance signed a patent insurance strategic cooperation agreement.
Under the agreement, the two sides will jointly explore launching patent insurance policy research, promoting patent insurance products, creating innovative patent insurance products, exploring the construction of a patent insurance service system and the establishment of an intellectual property risk control and decentralization mechanism, increasing patent insurance training and intensifying publicity efforts.
The two sides, through the optimization of patent insurance products as well as insurance service and business models, will build a Shenzhen intellectual property risk management service platform. And during the patent insurance demonstration period, the Intellectual Property Office of Shenzhen Municipality together with Ping An Property & Casualty Insurance were the first in the country to develop a new type of patent insurance - "patent infringement loss insurance."
Chen Mingang believes that the cooperation between the two sides is based on the outstanding performance and reputation of Ping An Property & Casualty Insurance’s business and the responsibility assumed by Shenzhen in carrying out work on intellectual property. "Of course, the city's patent insurance work is still in the exploratory stage, with the current main areas of focus as the following: the varieties of patent insurance are relatively few and options available to businesses are small in scope, while market demand has not yet been fully tapped; some companies do not truly realize the value of patent insurance, and consider it as an operating cost; also, patent insurance needs to be better publicized.”
Shenzhen is a major financial market, with banking, insurance and other segments relatively well developed. The financial industry, including the insurance sector, is one of the four pillar industries in Shenzhen. To achieve protection of intellectual property rights as well as insurance pairing and cooperation, the city must play to its inevitable advantages. It is also an opportunity to strengthen Shenzhen’s intellectual property rights and insurance industries.
PwC headquarters its China excellence center in Qianhai
GLOBAL consultancy firm PwC headquartered its
China Center of Excellence in Shenzhen's Qianhai yesterday, aiming to
provide innovative solutions, sophisticated technology and business
insights to Qianhai firms as well as those in the rest of Shenzhen and
the broader China market.
Saying that the center is the first of its kind that PwC has established globally, Elton Yeung, strategy and innovation service leader of PwC's China division, hopes their creativity, insights and education programs will help establish Qianhai as an industrial and financial innovation hub. The center has plans to educate young entrepreneurs, help incubate startups, and offer innovative solutions on financial security, cyber security, smart offices and e-commerce.
"Considering its location, preferential policies, infrastructure and talents, we have high hopes for Qianhai's future development," Yeung told reporters after a signing ceremony where PwC reached a strategic cooperation framework agreement with Shenzhen Qianhai Financial Holding Co.
"We hope to use our expertise and resources to help Qianhai find its mode of development both in innovation and finance," said Yeung. “To be specific, we will help more overseas financial firms establish a presence in Qianhai and also help Qianhai firms go global."
PwC will leverage its global network to help Qianhai Financial fulfil its development strategy by attracting outstanding local and overseas financial enterprises, Yeung said. PwC will also provide advisory services, carry out research for financial services firms in Qianhai and provide innovative solutions to help establish a new financial services model in Qianhai, according to Li Qiang, chairman of Qianhai Financial.
The center is an important step PwC is taking to transform itself from a firm focused on auditing, assurance, tax and consulting services to a multi-field service provider, according to Yeung.
"The China Center of Excellence is an integral part of PwC's development blueprint for China and will boost the ecosystem of Qianhai, said Raymund Chao, chairman of PwC's China division. "Helping Qianhai's development as an international industrial innovation hub also helps us fulfill our purpose of building trust in society and solving important problems."
Saying that the center is the first of its kind that PwC has established globally, Elton Yeung, strategy and innovation service leader of PwC's China division, hopes their creativity, insights and education programs will help establish Qianhai as an industrial and financial innovation hub. The center has plans to educate young entrepreneurs, help incubate startups, and offer innovative solutions on financial security, cyber security, smart offices and e-commerce.
"Considering its location, preferential policies, infrastructure and talents, we have high hopes for Qianhai's future development," Yeung told reporters after a signing ceremony where PwC reached a strategic cooperation framework agreement with Shenzhen Qianhai Financial Holding Co.
"We hope to use our expertise and resources to help Qianhai find its mode of development both in innovation and finance," said Yeung. “To be specific, we will help more overseas financial firms establish a presence in Qianhai and also help Qianhai firms go global."
PwC will leverage its global network to help Qianhai Financial fulfil its development strategy by attracting outstanding local and overseas financial enterprises, Yeung said. PwC will also provide advisory services, carry out research for financial services firms in Qianhai and provide innovative solutions to help establish a new financial services model in Qianhai, according to Li Qiang, chairman of Qianhai Financial.
The center is an important step PwC is taking to transform itself from a firm focused on auditing, assurance, tax and consulting services to a multi-field service provider, according to Yeung.
"The China Center of Excellence is an integral part of PwC's development blueprint for China and will boost the ecosystem of Qianhai, said Raymund Chao, chairman of PwC's China division. "Helping Qianhai's development as an international industrial innovation hub also helps us fulfill our purpose of building trust in society and solving important problems."
Financial and tech town to settle in Qianhai
TO build the
Sino-U.K. financial and tech town, Qianhai signed a strategic
cooperation framework agreement with British Canary Wharf Group plc. and
China Bridge Capital at 10 Downing Street on Friday.
The
agreement said that the three parties would establish the town in
Qianhai and promote the development of finance, technology and other
modern services in the area, creating a global financial industry
complex and a financial ecosystem.
This move
aims to enhance the economic and trade cooperation between China and the
U.K. and implement the requirement given by Shenzhen Party chief Xu Qin
to deepen the cooperation between Chinese and U.K. enterprises in
financial innovation.
Ahead of
signing the agreement, the Qianhai delegation, which was led by Tian Fu,
director of the Qianhai-Shekou Pilot Free Trade Area Authority, visited
the Canary Wharf Group, where its chief executive, Sir George
Iacobescu, introduced the development and operation of Canary Wharf.
Canary
Wharf is a major business district located in Tower Hamlets, East
London. It is one of the U.K.'s two main financial centers and is the
harbor of many world-famous headquarters, such as Credit Suisse, HSBC,
Infosys, J.P. Morgan and Morgan Stanley.
The
delegation also met the Deputy Mayor of London, Rajesh Agrawal,
officials of investment promotion and the HSBC management to discuss
building an HSBC regional headquarters in Qianhai.
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