Shenzhen-based humanoid robotics startup X Square Robot has closed a 1 billion yuan (US$143.4 million) A++ financing round, positioning itself as the only domestic embodied-AI company to be backed simultaneously by internet heavyweights ByteDance, Meituan and Alibaba Group Holding.

ByteDance, parent company of TikTok and Toutiao, is expanding its footprint in Shenzhen as the city kicks off the new year with a sweeping investment push into innovation and industry.

A total of 15 Shenzhen-based innovators unveiled new products at the 2026 Shenzhen Enterprises New Product Launch on Jan. 6.

The relocation of Shenzhen Nantou Heliport stands as a cornerstone of the city’s ambition to lead in the low‑altitude economy. At the helm of this complex endeavor is Tan Zhigang, executive command director of the relocation project, who is applying a unique management system to ensure its success.

Chinese artificial intelligence company SenseTime unveiled a major upgrade to its flagship platform SenseFoundry at the 2025 SenseTime AI Forum, co-hosted with Hong Kong Science and Technology Parks Corporation on Dec. 9.

The Hong Kong Science and Technology Parks Corp. (HKSTP), operator of the Hong Kong Science Park, led a delegation of 13 companies and startups to showcase their latest innovations at the 27th China Hi-Tech Fair, which concluded Sunday in Shenzhen.

MINISO FRIENDS — an immersive IP retail store model developed by MINISO Group Holding Ltd., a global value retailer specializing in trendy, IP lifestyle products — has opened its first South China store in Shenzhen’s Bao’an District. The launch underscores Shenzhen’s expanding role in shaping youth consumption trends across China.

Functional unmanned vehicles in Shenzhen reached a major milestone in September, surpassing one million fresh product deliveries for the first time, as the city continues to lead the country in the operational scale and density of autonomous transport.