Reform Opening-Up: Development Dividends and Companies

reform opening-up: Shenzhen will again become a pilot demonstration area, companies have said, according to Global Times China. The city was the first special economic zone established in China and a model for reform and opening-up. Shenzhen-based companies that are poised to benefit from the plan already operate in a wide range of businesses including finance, fintech, telecommunications, new energy, biomedical science and real estate. Companies based in the city drew a new wave of investment and their shares soared after the plan was announced. There will be development dividends for Shenzhen and the Greater Bay Area in the future, said BGI Group, which is a life science and genomics company based in Shenzhen, stcn reported on Tuesday. The shares of more than 30 Shenzhen-based companies rose by the daily 10 percent limit on Tuesday after an average increase of 5.6 percent on Monday. (news.financializer.com). As reported in the news.