Story perspectives

Shenzhen Surpasses Shanghai as China's Manufacturing Powerhouse

2/25/2026

Summary

Story summary

Shenzhen is China's largest manufacturing and exporting city, surpassing Shanghai and Beijing, according to Shenzhen Mayor Qin Weizhong.
Shenzhen's economy reached 3.87 trillion yuan in 2025, up from 2.83 trillion yuan in 2020, at 5.5% annual growth.
Shenzhen led in industrial output and import-export value last year.
The mayor's report outlines goals for 2026.
Shenzhen will host an Asia-Pacific Economic Cooperation summit in November, defending globalization amid geopolitical competition.

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Story summary

Shenzhen is China's largest manufacturing and exporting city, surpassing Shanghai and Beijing, according to Shenzhen Mayor Qin Weizhong.
Shenzhen's economy reached 3.87 trillion yuan in 2025, up from 2.83 trillion yuan in 2020, at 5.5% annual growth.
Shenzhen led in industrial output and import-export value last year.
The mayor's report outlines goals for 2026.
Shenzhen will host an Asia-Pacific Economic Cooperation summit in November, defending globalization amid geopolitical competition.