It is said: "Shenzhen showcases China's developing miracle of the past 30 years." As a "window," Shenzhen has vigorously developed the export-oriented economy, introducing foreign capital and technologies. Its import and export volume has topped the mainland's large and medium cities for more than 10 years running.
It is best known for shopping and entertainment, thanks to its large malls and many family-friendly amusement parks.
Thanks to more than 40 years of development, Shenzhen has become the largest city in the GBA in terms of GDP. As a city strong in technological innovation in the world's second-largest economy, Shenzhen has topped the list of Chinese cities by competitiveness and creativity for years.
That year, it was declared a special economic zone, which opened the city to foreign investment, technology, and managerial expertise through the establishment of foreign-owned, joint-venture, and other business enterprises. From 1980 the city grew at a phenomenal rate, a rate known in China as “Shenzhen speed.”
For example, Shenzhen, a city bordering Hong Kong in the southeast, has evolved as a hub for the electronics industry. It has cultivated an ecosystem to support the manufacturing supply chain, including component manufacturers, low-cost workers, a technical workforce, assembly suppliers, and customers.
While Shenzhen is very urban, it does have a fair amount of urban open spaces and protected areas. More than 1,000 parks have been established in an effort to improve the city's ecological environment. In fact, the ecological space, which accounts for about 50% of the city's land area, has been protected.
Even as far back as 2008, Shenzhen's tertiary industry sector accounted for more than 50% of its GDP. By 2021, tertiary industry made up 62.9% of the total. The city has four pillar industries – hi‑tech, financial services, modern logistics and the cultural sector.
Since the Smart City concept was proposed in 2010, Shenzhen has become China's leading Smart City, having already undergone innovation, years of exploration, innovation, and development.
Backed by Deng's commitment to economic reform and opening up, and riding on the tide of globalisation which started in the 1990s, Shenzhen capitalised on the country's once vast supply of cheap labour and its proximity to Hong Kong to quickly balloon into a major manufacturing base, especially in electronics, in the ...
Shenzhen is China's coolest, cleanest and most livable city. In 2019, Lonely Planet ranked Shenzhen as second in the world in the list of top 10 cities to visit. Shenzhen has a slightly higher cost of living than most cities in China but it is cheaper than 67% of cities in the world.
Among its smart city objectives are:
Enhancing e-government, data sharing and governance. Ensuring availability of next-generation connectivity. Establishing big data platforms and building upon strengths in artificial intelligence, cloud computing and IoT. Supporting the application of open government data.
The emirate's economy is extremely diversified and strong in a number of industries, such as basic materials, lodging, financial services, oil and gas, real estate, retail, and transportation. Shenzhen is home to 43,600 millionaires, including 135 centi-millionaires and 17 billionaires.
Nanshan. Nanshan is one of Shenzhen's most popular areas. Sometimes referred to as the city's 'garden district', a significant percentage of Shenzhen's expat population call Nanshan their home. Nanshan is known for being clean and giving residents easy access to some of Shenzhen's best green spaces.
Mandarin is known in known in China as 'Putonghua'. Because of Shenzhen's close proximity to Hong Kong and Guangzhou, you will also hear the Cantonese language spoken. Many people in Shenzhen can also speak at least some English, with the Shenzhen Government offering programs to help people learn English.
Spotlight: Shenzhen has Transformed to One of China's Cities with the Lowest Air Pollution Rate - Climate Scorecard.
The coastal city, however, is also one of the most plagued by social issues such as traffic congestion, pollution, healthcare access and cost, rising housing price, and security problems, according to the report.
How many levels are in City Tier? The city tier is classified into 4 levels. 1) First-tier cities comprising Beijing, Shanghai, Guangzhou, and Shenzhen.
Baishizhou is the largest urban village in Shenzhen, with all the characteristics one could imagine of a slum — dark and narrow alleys, messy electric cables, damp air, and disorganized communities suffering from poverty.
Hong Kong, Shenzhen, and Shanghai were ranked the top three most walking-friendly cities in the country at the time.
It's where some 113 billionaires live — that's more billion-dollar residents than any city in the US. Once a small farming town, Shenzhen underwent a massive transformation in the last few decades to become one of the most prosperous cities in China.
With an incredibly diverse range of entertainment options, expats in Shenzhen will not struggle to find new things to see and do. This vibrant Chinese city offers residents a plethora of shopping and dining experiences to meet their every desire, as well as a huge variety of nightclubs, pubs and bars.
Even with Shenzhen firmly established as “China's Silicon Valley,” the Urban Villages continue to play a vital role in the economy. Approximately 7 million people live in these areas, from students and shopkeepers to engineers and programmers for the city's global tech companies.
The rise of Shenzhen, China's Silicon Valley – from seaside town to fast-moving city with secret pockets of tranquillity | South China Morning Post.