Starting Aug. 1, individuals and entities engaged in the precious metals and gemstones industry are required to conduct customer due diligence based on the customer’s profile, transaction nature, and associated money laundering risks when a customer makes a single cash transaction or accumulates daily cash transactions totaling 100,000 yuan (US$14,000) or more.

Shenzhen introduced 24 comprehensive initiatives aimed at enhancing the business environment of its ports and checkpoints.

Shenzhen's traffic police authority has issued a new public notice strengthening the management of illegal parking, which takes effect yesterday.

Shenzhen has embarked on a new round of comprehensive reform pilots aimed at accelerating the city’s reform and development momentum.