★★China’s “Silicon Valley”★★
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Often dubbed China’s “Silicon Valley”, Shenzhen is China’s fastest-growing city.

It is ranked by the Chinese Academy of Social Sciences as the mainland’s top city for “overall economic competitiveness” and is China’s premier Special Economic Zone (SEZ) for foreign investment as well as a sub-provincial class city.

Shenzhen was declared China’s first SEZ by then-Communist Party (CCP) chairman Deng Xiaoping in 1979. Aided by capital flowing easily from neighboring Hong Kong, the city has since transformed from small fishing town to bustling megacity.

Every year, millions flock to its city center as part-time or migrant workers, entrepreneurs from around the globe seek to benefit from its investment-friendly practices, and tourists admire its futuristic landscape.

Located in Guangdong province only 100 km (62 miles) southeast of its capital, Guangzhou, Shenzhen is strategically located on the Pearl River Delta that serves as a border with Hong Kong. The city center is under 20 minutes from Kowloon by fast train. Other nearby cities include Huizhou, Dongguan, and Macao.

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Shenzhen is a coastal city in the south of Guangdong Province, and it's a famous livable city in China.

It is only 41 kilometers from Hong Kong.

Benefiting from the superior location and China's reform and opening-up policy, Shenzhen has become a modern and international metropolis since 1978.

Of its residents, over 95% are Han Chinese, with the city's dramatic growth fueled almost entirely by internal migration.

Since the 1980s, Shenzhen has grown from a fishing town of 30,000 people into a world city and a center for manufacturing, specializing in electronics and telecommunications.

Dubbed as "China Silicon", today's Shenzhen gathers more than 14,000 high-tech companies including Huawei, Lenovo and Tencent.

It also becomes the innovation hub as a new generation of start-ups emerging, which makes it the most competitive and innovative city in China.

The city also features contemporary buildings, such as the 600m-tall skyscraper Ping An International Finance Centre, and a number of amusement parks.
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★Starting Point: ★
Nanshan District
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★★Shenzhen-Facts-Economy★★
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According to the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), Shenzhen is one of four core cities to serve as the engines for development in the region.

Shenzhen is frequently called upon to be the GBA’s technology and R&D hub.

As of 2018, four percent of Shenzhen’s GDP was invested into research and over 11,000 high-tech enterprises called the city home.

In 2018, Shenzhen had the world’s fourth largest container port and China’s fourth largest airport for cargo.

The same year, Shenzhen’s exports accounted for 38 percent of all of Guangdong’s exports and 10 percent of China’s total exports.

Shenzhen trails only Shanghai and Beijing in China for overall GDP, ranking third at RMB 2,422 billion (US$366.03 billion) per year, its growth having eclipsed Hong Kong in 2018.

Shenzhen also has its own stock exchange – the Shenzhen Stock Exchange. It is the eighth largest in the world.

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