Xinhua Headlines: How Chinese innovation drives shared growth from Shenzhen to Asia-Pacific

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Shenzhen offers a snapshot of this vibrant high-tech trade story. Total R&D spending in the city grew at an average annual rate of 12.9 percent from 2020 to 2024, and R&D…

* Shenzhen offers a snapshot of this vibrant high-tech trade story. Total R&D spending in the city grew at an average annual rate of 12.9 percent from 2020 to 2024, and R&D intensity reached 6.67 percent, the highest among Chinese cities. The Shenzhen-Hong Kong-Guangzhou innovation cluster has also topped the Global Innovation Index rankings.

* Cooperation between Shenzhen and its Asia-Pacific partners advances along a well-defined track, featuring manufacturing, research and talent development, and the practical application of technology, said Chen Jiaxi, vice president of the Shenzhen Reform and Opening Up Executive Leadership Academy.

* "The Shenzhen meeting will send a clear signal: China's commitment to high-standard opening up, to sharing opportunities with the Asia-Pacific, and to multilateralism remains firm," said Chen, who is also a professor at Shenzhen University.

SHENZHEN, Nov. 14 (Xinhua) -- From a battery anode materials plant built from scratch in Indonesia to a surgical robot in a Kuala Lumpur operating room and solar panels atop a century-old Thai university, companies from China's southern tech hub of Shenzhen have established a presence across the Asia-Pacific region.

Next week, as Shenzhen in Guangdong Province hosts the 33rd APEC Economic Leaders' Meeting under the theme "Building an Asia-Pacific Community to Prosper Together," the innovative, collaborative approach that Shenzhen embodies will take center stage.

The numbers are significant. China's goods trade with other APEC members reached 26.29 trillion yuan (about 3.9 trillion U.S. dollars) in 2025, or nearly 60 percent of its total foreign trade, according to the General Administration of Customs. High-tech goods are an increasingly strong link: China's exports of such products to other APEC members rose 8.1 percent to 4.63 trillion yuan in 2025.

Shenzhen offers a snapshot of this vibrant high-tech trade story. Total R&D spending in the city grew at an average annual rate of 12.9 percent from…

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