China News Agency, Taipei, October 16th. Over the past few days, Taiwanese media have continued to pay attention to the development achievements of Shenzhen since the 40th anniversary of the establishment of the special economic zone, and addressed the important speech of Xi Jinping, General Secretary of the CPC Central Committee, President of the State, and Chairman of the Central Military Commission at the celebration meeting on the 14th. Make significant reports and interpretations.

  The "United Daily News" reported on the topic of "Delegating Power to Shenzhen", believing that Xi Jinping's speech shows that the central government will give Shenzhen more autonomy to reform.

In addition, the newspaper also mentioned that the Taiwan-related part of the speech will continue to guide Taiwanese compatriots to invest in Shenzhen.

In his speech, Xi Jinping pointed out that “we must continue to encourage and guide compatriots from Hong Kong, Macao and Taiwan and overseas Chinese to give full play to the important role of investment and business, two-way opening up, and make new contributions to the development of special economic zones.”

  "Wang Pao" interviewed Wang Guochen, a scholar of Taiwan's Chinese Economic Research Institute, on Shenzhen's role in the development of the Guangdong-Hong Kong-Macao Greater Bay Area.

Wang Guochen believed that Xi Jinping's speech revealed the meaning of accelerating the development of the Greater Bay Area again.

At the same time, under the background of the "dual cycle" policy, Shenzhen will play a more prominent role in the Greater Bay Area in the future.

  The Central News Agency reported the speech under the title "Xi Jinping reaffirms the implementation of Hong Kong and Macau's'one country, two systems' on the 40th anniversary of Shenzhen's celebration."

According to the report, on the occasion of the 40th anniversary of the establishment of the Shenzhen Special Economic Zone, Xi Jinping reiterated that "the basic policy of'one country, two systems' must be fully and accurately implemented" to promote the integrated development of the Mainland, Hong Kong and Macao.

The report also focused on Xi Jinping's statement on economic development such as "strengthening the function of smoothing the domestic big cycle and connecting the domestic and international double cycles".

  An editorial in Wang Pao pointed out that “it is not an exaggeration to describe the changes in this small fishing village as an'economic miracle'.” The editorial believes that Shenzhen is one of the most successful special economic zones in the first batch of open special economic zones in mainland China. The total economic volume, the population of residents, and the scale of industries have grown rapidly, and the urban development has also been rapid and successful.

  According to the editorial analysis, Shenzhen’s transformation, in addition to its preferential policies on land and taxation in the special economic zone, the rapid upgrade and iteration of the industry, and the survival of the fittest, "may be more critical."

The editorial mentioned that in 2019, Shenzhen's high-tech industries, such as electronic information, biomedicine, new energy and new materials, have an output value of 2.63 trillion yuan, which is almost all of Shenzhen's GDP. It is obvious that Shenzhen's industrial innovation and transformation has been quite successful.

  The editorial said that well-known technology giants such as Huawei, Tencent, and DJI have rapidly grown into large multinational corporations with the large amount of market nutrients provided by Shenzhen and a relatively open funding environment.

These conditions show that the private economic power represented by small and medium-sized enterprises is the driving force behind the rapid development of Shenzhen's economy.