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shenzhen's financial industry is expected to realize added value totaling more than 200 billion yuan (us$33 billion) in 2013, an increase of 14 percent from 2012, shenzhen economic daily reported.
the financial sector generated 74 billion yuan in tax revenue in 2013, up 23 percent from 2012 and accounting for nearly 19 percent of the city's total tax revenues.
the city remained among the top three cities in china on several key financial indexes, such as savings deposits and loan balances in the yuan and foreign currencies, total assets of stock exchanges and fund management companies, and insurance agencies'total assets.
the city's 183 listed enterprisers had raised more than 100 billion yuan in capital by the end of the year, a nearly five-fold increase from 2012. loans to small and medium-sized enterprises totaled about 700 billion yuan and increased nearly 18 percent from 2012.
the city's strategic emerging industries have received loans totaling 160 billion yuan, a 30-percent increase from 2012.
cross-border yuan loan reserves in shenzhen's qianhai development zone exceeded 15 billion yuan.
mayor xu qin has praised the city's financial sector for its stable growth amid adverse economic situations around the globe and said the city will implement deeper reforms and innovations for the sector in 2014, including further development of qianhai.
(source:shenzhen daily)