Home » Economy » China’s financial added value growth in Shenzhen – Xinhua English.news.cn

China’s financial added value growth in Shenzhen – Xinhua English.news.cn

by Alexandra Hartman Editor-in-Chief

SHENZHEN, Feb. 1 (Xinhua) — Shenzhen, China’s major financial center, recorded added value of its financial industry of nearly 513.8 billion yuan (regarding 76 billion U.S. dollars) in 2022, data showed.

Despite the impact of COVID-19 and other adverse factors, Shenzhen’s financial sector has shown great resilience and its added value has increased by an average annual rate of 8.3% over the past three years. , according to data released by the Shenzhen Local Financial Supervision Bureau.

In 2022, total assets of Shenzhen’s banking sector reached 12.2 trillion yuan, up 8.5 percent year-on-year.

In 2022, Shenzhen registered 42 newly listed companies, making it the second largest city in China. In 2022, the total number of listed enterprises in the city reached 535. End

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