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26th China Hi-Tech Fair opens in Shenzhen to showcase latest achievements

China

China

China

26th China Hi-Tech Fair opens in Shenzhen to showcase latest achievements

2024-11-14 17:51 Last Updated At:19:57

⁠⁠⁠⁠⁠⁠⁠The 26th China Hi-Tech Fair (CHTF) kicked off on Thursday in south China's tech hub of Shenzhen, with over 4,300 new products and technologies expected to debut.

As China's leading technology show, the three-day CHTF attracts nearly 5,000 well-known enterprises and international organizations from more than 100 countries and regions across the globe. It is estimated that up to 400,000 professional visiting trips will be handled.

With the total exhibition area topping 300,000 square meters, this year's CHTF has set up 22 exhibition halls for various sectors such as AI and robotics, low-altitude economy and aerospace, future technologies and smart cities, and new materials, showcasing a number of the latest high-tech products and technologies.

In particular, five exhibition halls, like China's Leading Heavy Equipment, Top Tech Industry Chains, and Innovation, Entrepreneurship and Financial Services, have been set up for the first time.

The event will host more than 160 meetings and activities such as major national achievement release and global buyer-supplier matchmaking conference, with more than 4,300 brand-new technologies, products and achievements to be released.

"For example, there are transactions reflecting cloud-based industrial software that features our new system for mobilizing resources nationwide, and transactions reflecting embodied AI-powered robot hands that highlight the growth point of AI development in Shenzhen and even China, as well as all technologies of the trillion-yuan-level new blue ocean -- low-altitude economy that is being formed in China, including Shenzhen. All of them are on display here. All these new quality productive forces will present the robust power of China's economy to the world in the mode of commercial transactions at the High-Tech Fair," said Zhang Lin, head of the Science, Technology and Innovation Bureau of Shenzhen City。

More than 30,000 institutions and organizations around the world, including government departments, central state-owned enterprises, business associations, research institutes, universities, and multinational companies, will organize delegations to visit and purchase at the grand event.

The number of professional purchasing groups exceeds 1,000 with over 40,000 professional visitors.

26th China Hi-Tech Fair opens in Shenzhen to showcase latest achievements

26th China Hi-Tech Fair opens in Shenzhen to showcase latest achievements

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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