President Xi Jinping Heads to Shenzhen for 40th Anniversary Celebration

By Barnaby Lofton, October 12, 2020

0 0

For the 40th anniversary celebration of Shenzhen, President Xi Jinping will be present in the southern city to attend conferences and deliver speeches as reported by Xinhua

The celebration will be on the morning of Wednesday the 14th and will be broadcasted live by China Central Radio and Television Station and Xinhuanet. Other state media such as People’s Daily Online, CCTV and China Net will run synchronized broadcasts. 

The special economic zone has further garnered support from the central government, with a new reform issued called the ‘Implementation Plan for the Pilot Comprehensive Reform of the Pilot Demonstration Zone of Socialism with Chinese Characteristics in Shenzhen (2020-2025).’ 

Sina describes the focus of the plan is for Shenzhen to become “a demonstration zone with Chinese characteristics... to prove to the world that China is fully capable of building an international and innovative city.” 

In the plan, financial reform measures such as the development of closed pilot tests of digital renminbi were encouraged. 

Shenzhen was the first city to test digital reminbi in public, and one of four pilot cities that have already launched the digital currency for internal testing. The other three places are Suzhou, Chengdu and Xiong’an.  

READ MORE: Can China's New e-RMB Attain Digital Dominance?

[Cover image via Dwnews.com]

more news

WATCH: Fire Breaks Out on Nanshan Mountains in Shenzhen

A natural wildfire is the most probable cause of the fire.

Shenzhen Plans to Add 1 Million Students by 2025

It is estimated that more than 50,000 teachers will be recruited in the next five years.

Self-Driving Bus Pilots in Shenzhen

Passengers can swipe their palm to board as the vehicle is equipped with a 'palm print recognition system.'

That's 2020 Hospitality Awards Coming to Shenzhen

We are delighted to announce that the fourth annual That's National Hospitality Awards will be held in Shenzhen.

Supermarket Staff Member Tests Positive for COVID-19 in Shenzhen

A staff member at Hema Supermarket (IBC Mall branch) in Shenzhen’s Luohu district and close contacts were diagnosed with COVID-19 yesterday.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at thatsonline for events, guides, giveaways and much more!

7 Days in China With thatsmags.com

Weekly updates to your email inbox every Wednesday

Subscribe

Download previous issues

Never miss an issue of That's Magazines!

Visit the archives