Shen obtained his bachelor's degree in electrical engineering from Provincial Taipei Institute of Technology and master's degree in commerce automation and management from National Taipei University of Technology.

[1] Shen led the Export Processing Zone Administration prior to heading the Industrial Development Bureau in 2012, succeeding Woody Duh.

[4] He served as acting minister following the resignation of Lee Chih-kung in August 2017, and was retained by premier Lai Ching-te.

[5] Responding to the destruction of Taiwanese companies operating in Vietnam due to the anti-China movement because of the China National Offshore Oil Corporation oil exploration in the disputed territories in South China Sea, Shen led a delegation to Vietnam to assist Taiwanese business people in the country in mid May 2014.

[6] On 19 June 2020, Shen was appointed vice premier, succeeding Chen Chi-mai, who had resigned to contest in the 2020 Kaohsiung mayoral by-election.