TikTok's Second Headquarters to Be Established in Nanshan, Shenzhen, with Simultaneous Construction of ByteDance AI Lab Research Center
Shenzhen held the groundbreaking ceremony for the first batch of key projects in 2026, with 222 projects totaling an investment of 157.34 billion yuan, covering industries, infrastructure, and people's livelihood fields, laying the foundation for the opening of the 14th Five-Year Plan. Nanshan District led with 30 projects and an investment of 30.99 billion yuan, among which the "General Video Technology R&D" project has attracted great attention.