Core Insights - Shenzhen's economic performance in the first half of 2025 shows significant growth, with four districts exceeding a GDP of 250 billion yuan, particularly Nanshan District nearing 500 billion yuan [1][2] - The overall GDP of Shenzhen reached 18,322.26 billion yuan, reflecting a year-on-year growth of 5.1%, surpassing the provincial growth rate of 4.2% [1][2] District Performance - **Nanshan District**: - GDP reached 4980.06 billion yuan, with a year-on-year growth of 4.8% [2][6] - Key economic indicators include a 6.5% increase in industrial output and a 13.1% rise in retail sales [6] - Nanshan is on track to become a "trillion-yuan district" [1][6] - **Futian District**: - GDP was 2953.15 billion yuan, with a notable growth rate of 7.9%, the highest among major districts [2][7] - The financial sector showed a remarkable increase of 16% in value-added, accounting for 44.8% of the city's financial output [8] - Fixed asset investment grew by 0.4%, with non-real estate projects increasing by 25.4% [8] - **Longgang District**: - GDP reached 2809.67 billion yuan, with a modest growth of 1.8% [2] - The district is also expected to approach a GDP of 600 billion yuan by year-end [1][2] - **Baoan District**: - GDP was 2560.22 billion yuan, with a year-on-year growth of 4.7% [2][9] - Retail sales totaled 792.06 billion yuan, reflecting a growth of 7.2% [9] - The district is focusing on new industrialization and advanced manufacturing [10] Economic Contribution - The combined GDP of Nanshan, Futian, Longgang, and Baoan districts accounts for 72.6% of Shenzhen's total economic output [1][3][5] - The economic performance of these districts is crucial for achieving the city's overall economic goals [5][6]

Economic Overview - In the first quarter of 2025, four districts in Shenzhen reported GDP exceeding 100 billion yuan, with Nanshan leading at 251.83 billion yuan, accounting for over 25% of the city's total GDP of 895.05 billion yuan [1][2][3] - The overall GDP growth rate for Shenzhen was 5.2%, with seven districts outperforming this average, particularly the Shenshan Special Cooperation Zone, which achieved a remarkable growth rate of 40% [1][6] District Performance - Nanshan's GDP reached 251.83 billion yuan, with a year-on-year growth of 4.5%. The tertiary sector contributed significantly, with an output of 204.32 billion yuan, representing 34.1% of the city's total tertiary sector output [3][4] - Futian, Longgang, and Baoan districts also showed strong performance, with GDPs of 145.72 billion yuan, 135.05 billion yuan, and 122.36 billion yuan respectively. Baoan's GDP growth rate was 6.8%, surpassing the city average [5][6] Sector Analysis - The primary sector in Nanshan saw a significant increase of 22.3%, while the secondary sector grew by 2.3%. The tertiary sector's growth was 5.0%, indicating a robust service industry presence [3] - Baoan's secondary sector output was 56.79 billion yuan, with a growth rate of 7.0%, and its tertiary sector also performed well with a growth of 6.5% [5] Emerging Districts - The Shenshan Special Cooperation Zone, Dapeng New District, and Pingshan District are emerging as significant contributors to Shenzhen's economy, with growth rates of 40%, 11.7%, and 11.4% respectively [6][8] - Pingshan has developed a strong industrial base in new energy and smart connected vehicles, while Dapeng focuses on tourism and ecological development [7][8] Future Prospects - Pingshan is set to enhance its industrial capabilities with major projects in battery technology and semiconductor manufacturing, while Dapeng aims to expand its healthcare and AI sectors [8][9]