Overview

Pingshan District was established in January 2017. Located in northeast Shenzhen, Pingshan lies in the core area of the Shenzhen Metropolitan Circle, which includes Shenzhen, Dongguan, Huizhou, Heyuan and Shanwei. As a rising star in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), Pingshan serves as an innovative hub within the region, holds strategic significance as a key location in the Guangzhou-Shenzhen-Hong Kong-Macao Technology Innovation Corridor and plays a vital role in the global innovation network.

With a total area of 166.3 square kilometers, Pingshan has six subdistricts, 23 communities and 560,000 residents (as of 2022). It has the largest land area for development and construction in Shenzhen.

Positioning

Pingshan is positioned as the eastern center of Shenzhen, a core zone of the Shenzhen National Hi-tech Zone system and a test zone for future industries. At present, Pingshan is planning and constructing its High-tech Zone spanning an expansive area of 51.6 square kilometers in alignment with international standards. This dynamic zone aims to attract and concentrate innovative strengths, high-end industries and efficient operational mechanisms, creating an environment conducive to both entrepreneurship and quality living.

Pingshan is strategically developing infrastructure for future industries, enhancing the availability of future application scenarios, bolstering policy support for future industries, establishing a prudent and inclusive regulatory system, and is constructing a world-class innovative industrial cluster characterized by its focus on “innovative medicine, intelligent vehicles and China-made chips.” It is improving urban facilities and becoming a new urban center full of charm, vitality and innovation, leading the development of the surrounding areas.

Transport

Pingshan is developing a faster and more efficient transportation system. From the Pingshan City Terminal and City Waiting Hall, located at Innovation Plaza, passengers can take a shuttle bus to Shenzhen Bao’an International Airport and Shenzhen Airport Ferry Terminal. From the Pingshan Station, passengers can take high-speed trains to travel to major domestic transport hubs including Guangzhou, Hong Kong, Xiamen and the Shenzhen North Railway Station.

A single helicopter trip from the Yanzi Lake International Convention and Exhibition Center to the Shenzhen airport takes only 20 minutes and to central Futian 13 minutes. Shenzhen Metro Line 14 and 16 have also been put into operation. Pingshan SkyShuttle Line 1 meets residents’ needs for more convenient travel by connecting with central Pingshan, major cultural facilities and key industrial zones. The Pingshan-Yantian Passage is in use, and a road trip from Pingshan to Yantian Port takes only 20 minutes.

Economy

Pingshan's GDP grew by 18% year on year to reach 132.98 billion yuan in 2023, faster than other districts (including Dapeng New Area) in Shenzhen. The district targets a GDP growth rate of at least 10% in 2024, according to the Fourth Session of the Second Pingshan District People’s Congress held in late January.

Pingshan's other main targets for 2024 include a 15% growth in fixed asset investment, a 10% increase in total retail sales of consumer goods, a 17% growth in the added value of industrial enterprises above a designated size (referring to industrial firms with an annual business turnover of at least 20 million yuan), and a 10% increase in total foreign trade.

Pingshan also aims to foster industrial investment, increasing 50 national high-tech firms and five national-level "little giant" companies for using special and sophisticated technologies to produce novel and unique products in 2024. Further efforts will be made in industrial internet integrated with 5G and intelligent manufacturing integrated with AI, as well as healthcare, education, environment and culture. 

In 2023, Pingshan also retained its top spot in Shenzhen in other aspects, such as the added value of its industrial enterprises above designated size up 27% year on year at 90.88 billion yuan, the total sales of consumer goods up by 26.3% year on year at 24.96 billion yuan, and its fixed-asset investment up 20.9% year on year at 73.28 billion yuan.

Innovation

By the end of May 2023, there have been 915 high-level talents and 1,473 Ph.D. holders in Pingshan, among whom 495 hold Ph.D. titles from overseas universities. The district has 803 national high-tech companies, and 362 enterprises have been recognized as municipal, provincial or national “little giants” for using special and sophisticated technologies to produce novel and unique products.

By the end of May 2023, there have been 171 national-level, provincial-level and municipal-level innovation institutions in the district, which include the Institute of Superlubricity Technology of Research Institute of Tsinghua University in Shenzhen, Beijing Institute of Technology’s Shenzhen Automotive Research Institute, the Shenzhen Innovation Center for 3D Printing Manufacturing and Yunlu Shenzhen Research Institute. There are also 25 sci-tech company incubators and maker spaces.

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