Great efforts will be made to promote the development of emerging industries with strategic importance, and set up a prudent and inclusive supervision system with greater flexibility, the document said.

Shenzhen will also vigorously develop new industries including the intelligent economy and the health care industry, and support the research on digital currency and the application of innovations such as mobile payment.

The city will establish a maritime university and a national deep sea research center, and explore the establishment of a maritime development bank.

Shenzhen, a major city in south China's Guangdong Province, is the country's first special economic zone. It has a population of about 13 million and its gross domestic product hit 2.42 trillion yuan (about 346 billion U.S. dollars) in 2018, up 7.6 percent year on year.

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