About Shenzhen

Shenzhen represents one of the most extraordinary urban transformations in modern history, growing from a fishing village of less than 30,000 people in 1980 to a global technology metropolis of 17.7 million by 2023. Designated as China's first Special Economic Zone in the early 1980s due to its proximity to Hong Kong, Shenzhen became the laboratory for Deng Xiaoping's "reform and opening up" policy, attracting massive foreign direct investment and migrants. In 2018, Shenzhen's GDP surpassed Hong Kong's for the first time, reaching $390 billion, with an extraordinary annual growth rate of 21.6% maintained over four decades.

Dubbed "China's Silicon Valley" and the "Silicon Valley of Hardware," Shenzhen has established itself as the world's leading technology hub, home to global tech giants including Huawei, Tencent, DJI, and ZTE. The city has held China's No. 1 spot for patent registrations over the past decade, with high-tech manufacturing investment surging 61.8% year-on-year. In 2023, the high-tech industry generated $82.9 billion, representing 33.4% of the city's nominal GDP. Shenzhen announced an ambitious 5.5% growth target for 2025, continuing to drive China's economic transformation. This dynamic city embodies the speed and scale of China's modernization, transforming from rice paddies to supertall skyscrapers in just 45 years.