Shenzhen was a fishing port 40 years ago but now their amazing skyscrapers and well-known structures are 'talk of the town' all over the globe. Perhaps no city has emerged so well and developed their amenities at much faster rates.
Shenzhen is a global center in technology, research, manufacturing, business and economics, finance, tourism and transportation, and the Port of Shenzhen is the world's fourth busiest container port. Shenzhen is classified as a Large-Port Megacity, the largest type of port-city in the world.
Shenzhen is China's richest city.
For comparison, Beijing's per-capita income is only 17,000 USD. Tens of thousands of foreign buyers are there from all over the world to source products, and it is now China's second most important center for finance after Shanghai.
It is a significant transport hub in the Belt and Road and Asia-Pacific. Shenzhen has an international deep-water port, an international airport, and the largest land boundary control point in Asia, as well as expressways and freight and passenger railways of national importance.
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.”
Guangzhou — 11.6 million people
It is the richest city in Chinese mainland per capita, still just above Shenzhen.
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.
As one of the most modern and forward-thinking cities in China, Shenzhen is home to leading technology businesses and trading companies – all of which take advantage of the city's young and dynamic workforce.
Shenzhen is cheaper than Shanghai. Costs have been skyrocketing across China, with rents doubling or tripling in the years I've been here. Yet I think for the same living standard and central location in Shenzhen, you'd pay much more in Shanghai. Of course this main cost is rent.
From the fishing village in the past, with a consistent policy that promotes technology like AI 2023 policy, Shenzhen of today is being referred to as “Silicon Valley of China” because it is the home to leading Chinese Tech Company like Huawei, the big producer of network hardware and communicating devices; Tencent, a ...
Futian is also one of the most expensive and exclusive districts in Shenzhen. Its pricey and modern apartments are particularly popular with young and single working professionals. While there is a handful of international schools in the area, family-sized apartments in Futian can be exorbitant.
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.
In 2022, the number of high-net-worth individuals (US dollar millionaires) in Shenzhen reached 45,700, trailing only Beijing (128,200) and Shanghai (127,200) on the Chinese mainland. Though Hong Kong's millionaire population was higher at 129,500, it is shrinking fast (Shenzhen, by contrast, is surging).
As China's first Special Economic Zone, Shenzhen's pleasant climate and picturesque coastal and mountain scenery have turned it into an attractive travel destination, which earned a place on The New York Times' list of the world's 31 must-visit destinations.
Shenzhen's location has been a huge factor in why companies want to move into the city because it is just across the border of Hong Kong, which is a financial center in China. In addition to being so close to Beijing, Shenzhen is also very easy to get to and travel within the city is also very easy.
Shenzhen has received nearly $300 billion in foreign direct investment and more than 90,000 foreign enterprises have been established since the reform period started in the late 1970s, according to data released by local authorities in September and reported by state-owned Xinhua News Agency.
This is Shenzhen. It's where some 113 billionaires live — that's more billion-dollar residents than any city in the US.
Our study evaluated the walkability of 35 Chinese cities from 4 dimensions: safety, comfort, accessibility, and management. Hong Kong, Shenzhen, and Shanghai were ranked the top three most walking-friendly cities in the country at the time.
Shanghai is expensive because of the high prices of products, higher inflation rates and continued strength of the Chinese Yuan against other major currencies.
Shenzhen, once known for spewing out dark clouds of toxic smoke, has done much to clean up and transformed into China's most sustainable city, according to several research reports.
Xiongan has been described as “three cities”: the city aboveground, the city underground, and the city in the cloud. The underground city is the utility corridors that have been laid beneath major roads and will carry water and electricity mains as well as space for automated logistics delivery.
Shanghai
This public service platform is a one-stop point for over 1,000 different services for city residents, including personal information, medical and health care, transportation, social security, community life, and tourism and leisure.
The current PM2. 5 concentration in Shenzhen is ✓below the recommended limit given by the WHO 24 hrs air quality guidelines value.
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.
Shanghai, Shenzhen, Beijing Are Most Livable Cities in China, Says Chinese Academy of Social Sciences. (Yicai Global) Dec. 4 -- Shanghai, Shenzhen and Beijing are among the top three first-tier cities in China's livable index, says Chinese Academy of Social Sciences (CASS).