An overview of Pingshan
Pingshan District, formerly known as Pingshan New Area, was established in January 2017. Located in the northeast of Shenzhen, it is the geographic center of an economic circle formed by Shenzhen, Dongguan, Huizhou, Heyuan and Shanwei. Pingshan is a significant gateway for the Guangdong-Hong Kong-Macao Greater Bay Area to connect with cities to the east, and also an important section in the Guangzhou-Shenzhen-Hong Kong-Macao science and technology innovation corridor.
Positioned by the Shenzhen municipal government as an eastern center of the city and a test zone for future industries, the district also boasts the Pingshan High-tech Zone, one of the two core parks of the Shenzhen National High-tech Zone.
With a total area of about 168 square kilometers, Pingshan has a population of about 463,000. In addition, it also has the largest land area for development and construction in Shenzhen.
The Pingshan High-tech Zone, one of the two core parks of the Shenzhen National High-tech Zone, has a planned construction area of 51.6 square kilometers. It has four State-level industrial bases, namely the Shenzhen national biological industrial base, the national new energy (automobile) industrial base, the national demonstration base of new industrialization, and the Shenzhen Pingshan Comprehensive Bonded Zone.
From the Pingshan High-speed Railway Station, you can reach Shenzhen North Railway Station in 15 minutes, Futian Railway Station in 30 minutes, Guangzhou in 45 minutes, Humen in 20 minutes, and Xiamen in three hours.
It is about one hour’s drive to reach the Shenzhen Bao’an International Airport from Pingshan.
Metro Line 14 and 16, which connect Pingshan with surrounding areas in Shenzhen, have been put into operation in 2022 and have cut the travel time between Pingshan and downtown Shenzhen to 40 minutes.
Another three metro lines are being planned, including Line 19 linking Shenzhen and Huizhou, Line 23 that connects Pingshan with Dapeng New District, and Line 33 that connects Pingshan with the Shenzhen Bao’an International Airport.
BYD SkyShuttle Line
Pingshan SkyShuttle Line 1, the first municipal SkyShuttle line in Shenzhen, was officially put into operation on Dec. 28, 2022.
The elevated rail line runs 8.51 kilometers with a total of 11 stations between Pingshan High-Speed Railway and BYD North stations.
The stations are equipped with facial recognition self-service ticket machines and support various ticket checking methods.
According to this year’s government report of Pingshan District, in 2022, Pingshan’s gross domestic product (GDP) reached 108 billion yuan, up by 14% year-on-year. Its total fixed assets investment volume reached 60.6 billion yuan, up by 25.9%.
The total output of industrial enterprises above designated scale grew by 45% to 366.2 billion yuan, while the added value of industrial enterprises above designated scale grew by 27% to 69.1 billion yuan. The total retail sales of consumer goods reached 19.7 billion yuan, up by 8.9% year-on-year.
The main anticipated objectives of Pingshan’s economic and social growth in 2023 are a 10% growth in its GDP, a 15% growth in its general public budget revenue, a 20% growth in its added value of industrial enterprises above designated scale, a 25% growth in its fixed assets investment volume, and a 10% growth in its total retail sales of consumer goods. It also anticipates a steady growth in residents’ per capita disposable income.
Science and technology innovation
Science and technology innovation is booming in Pingshan District, turning the district into an incubator of innovation and entrepreneurship for talents from Hong Kong, Macao and foreign countries.
Pingshan has successfully developed innovative activity brands such as the Worldwide Shenzhen Innovation Competition and the International Bio-pharmaceutical Industry Innovation and Development Summit. Projects submitted by the district also won the championship of the Worldwide Shenzhen Innovation Competition.
Pingshan has also seized the opportunities presented by the construction of the Guangdong-Hong Kong-Macao Greater Bay Area to further enhance its cooperation with the world.
It has further cooperated with Hong Kong and Macao through the establishment of the Hong Kong and Macao Expert Advisory Committees of Pingshan District and through cooperation with the University of Hong Kong and Hong Kong Exchanges and Clearing Limited (HKEX).
It has also established the Shenzhen-Macao Innovation Institute of Traditional Chinese Medicine in tandem with the Macao University of Science and Technology and has introduced projects including the Hong Kong Specialist Medical Center and the C-MER Eye Care Greater Bay Area headquarters.