# advanced manufacturing
Latest news and articles about advanced manufacturing
Total: 2 articles found
Shenzhen on the Cusp of a 4-Trillion Yuan Club — Can Its Model Rescue Guangdong’s Slower Growth?
Shenzhen posted 2025 GDP of 3.873 trillion yuan, growing 5.5% and nearing the 4-trillion threshold, powered by advanced manufacturing, exports and world-leading R&D intensity. Guangdong province, by contrast, grew 3.9%, weighed down by sluggish industrial recovery and a sharp fall in fixed-asset investment, exposing the province’s reliance on Shenzhen and Guangzhou as growth engines.
China’s 2025 Fiscal Year: Stable Taxes, Bigger Bond-Financed Spending and a Bold Childcare Bet
China ended 2025 with modestly lower overall budget revenue but slightly higher tax collections and expanded spending financed in part by a surge in bond deployment. Authorities combined a universal childcare cash subsidy with accelerated bond-financed projects to boost demand while maintaining targeted social and scientific spending.