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Emerging industries of strategic importance

Emerging industries of strategic importance including biology, Internet development, new energy, new material, cultural and creative industries and new-generation information technology are becoming the new engines for Shenzhen's development. The future industries such as the marine industry, aerospace and aviation industry, life health industry, robot and smart wearable devices will become the new incentives and their industrial scale will be 400 billion yuan.


Shenzhen has placed importance on the development of biology, Internet, new energy, new material, cultural and creative industries, and new-generation information technology industries. Construction of 23 industrial bases for emerging industries of strategic importance is under way. In 2015, the output value of the emerging industries reached 521.55 billion yuan. The research professionals were 97,400.


From 2011 to 2020, Shenzhen will spend 21.5 billion yuan on the construction of seven emerging industries. In 2016, the Shenzhen government plans to invest 5 billion yuan in these industries.


In 2015, the added value of the major emerging industries in Shenzhen reached 700.35 billion yuan, up 16.1% from the previous year. The industrial scale of the major emerging industries increased by 22.4% from the previous year to 2.3 trillion yuan. The proportion of the added value of the industries to Shenzhen's GDP is more than 40%, which shows that they are becoming the major engines for Shenzhen's economy. As the industrial scale of the industries expanded rapidly, their economic returns also increased significantly.

In 2015, Shenzhen's R&D investment was 70.9 billion yuan, comprising 4.05% of the city's GDP. The investment goes side by side with that of Israel and South Korea. The number of Shenzhen's PCT (Patent Cooperation Treaty) applications totaled 13,308, accounting for almost 50% of the national total. There are now 1,283 innovative platforms headquartered in Shenzhen and, in 2015 alone, 176 new platforms were established. Tencent, ZTE, Salubris and BYD won the China Gold Patent Award in 2015, which accounted for 20% of the awardees. Shenzhen took four seats out of the 10 Chinese on Forbes' list of China-U.S. innovative figures.

Shenzhen has developed cutting-edge technologies in various fields, including telecommunication, DNA sequencing and new energy vehicles. Having emerged as the global leaders in 4G mobile network industry, Huawei and ZTE are also actively engaged in 5G innovation. In the area of biotechnology, BGI-Shenzhen is globally known for its excellence in new DNA sequencing as well as extensive biological information analysis. While SuperD's Glasses-free 3-D is recognized as a world-leading technique, Royole Corporation has developed more than 200 core technologies of flexible display. What's more, over 85% of the world's metamaterials inventions are credited to Kuang-Chi Institute of Advanced Technology.

Shenzhen has witnessed an increasing number of local companies step onto the world stage. Huawei, one of the biggest telecommunications equipment suppliers and mobile phone manufacturers in the world, expected its business revenue in 2015 to reach 390 billion yuan. As an Internet giant, Tencent generated 102.86 billion yuan in revenue in 2015, up 30% from the previous year. BYD, one of the world's largest producers of new energy battery and vehicles, achieved a revenue in 2015 of 80 billion yuan, up 37.49% from the previous year. Also, a great many specialized companies have emerged in various fields. For instance, Hepalink plays a major role in the global market of Heparin-related products. DJI-Innovations occupies over 70% of the global share in the civilian UAV market, whereas UBTECH Robotics Corporation is a pioneer of intelligent humanoid robots, with a market value estimated at US$1 billion.

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