• |
Favourable policies in place: a wide range of new measures were introduced by the Commerce Bureau of Shenzhen Municipality in February 2022 to develop Shenzhen into an international consumption hub. |
• |
Strategic market positioning: Shenzhen is a global centre for contract manufacturing, trade and logistics. |
• |
Economic momentum under RCEP: The world’s largest trade agreement, RCEP, came into force in 2022. The agreement is expected to further boost Shenzhen’s economic recovery from the pandemic. |
• |
Dynamic fashion hub in the Greater Bay Area: Shenzhen is the regional fashion centre as well as one of the growth engines in the Greater Bay Area. |