How has Shenzhen changed?

Since the 1980s, Shenzhen has grown from a fishing town of 30,000 people into a world city and a centre for manufacturing, specialising in electronics and telecommunications. By 2005, when most Chinese cities were still developing their manufacturing base, Shenzhen had developed a strategy to transition its economy.

Why is Shenzhen so popular?

Shenzhen was just 40 years ago a region of fishing towns and swamp, and now it is China’s 7th biggest city and the main gateway city for foreign travelers. It is a city with a laid-back feel and an excellent place for tourist sightseeing with convenient trains and buses for onward travel inland.

What attracts people to Shenzhen?

“Normally, economic growth and industrial development are the best ways to attract people, and Shenzhen, especially after China introduced the plan of building the Guangdong-Hong Kong-Macao Greater Bay Area, has almost done the best in this regard in the Chinese mainland,” Li said.

What problems is Shenzhen facing?

Solutions to Shenzhen’s Resource Shortages The rapid growth in Shenzhen means that demand often outstrips supply. As a result, many water challenges now plague the city. It has been estimated that Shenzhen will face water shortages of 690 and 890 million cubic metres by 2020 and 2030 respectively.

What is Shenzhen technology?

About us. Shenzhen Technology Co., Ltd. is an electrical/electronic manufacturing company based out of Building 142, Jindi Industrial Zone, Futian, Shenzhen, Guangdong, China.

What food is Shenzhen known for?

The Top 7 Popular Foods in Shenzhen You Should Try

• Cantonese Dim Sum. Shrimp dumplings.
• Cantonese Congee. Congee is a popular breakfast and lunch meal.
• Seafood Hot Pot. Seafood hot pot.
• Cantonese Sausage. Cantonese sausages.
• “Congee Without Rice”
• Shajin Oysters.
• Cantonese Pudding.

What was Shenzhen in 1980?

Special Economic Zone
Special Economic Zone (1980s–present) In May 1980, the Central Committee designated Shenzhen as the first SEZ in China, which was promoted by then-paramount leader Deng Xiaoping as part of China’s “reform and opening-up” reforms which were set up a year prior.

Is Shenzhen A SEZ?

The Shenzhen Special Economic Zone (Chinese: 深圳经济特区), was established in May 1980, and is among the first special economic zones of China. In 2010, it was expanded to include the rest of the city, substantially increasing the geographical size of the SEZ. …

Will Shenzhen’s rise put pressure on Hong Kong?

By that logic, a successful Shenzhen could put pressure on Hong Kong and serve as a reminder to the city that it must align its interests with the motherland if it wants to prosper. But that view neglects the true reasons underlying the rise of Shenzhen over the past four decades, from a fishing village to China’s most dynamic metropolis.

Why did Shenzhen rise to the top?

But that view neglects the true reasons underlying the rise of Shenzhen over the past four decades, from a fishing village to China’s most dynamic metropolis. Late paramount leader Deng Xiaoping picked Shenzhen to be one of China’s new special economic zones in the early 1980s because of its proximity to Hong Kong.

Is Shenzhen a better place to live than Hong Kong?

It is not hard to predict that Shenzhen will win on many fronts. Its economy is already bigger than that of Hong Kong, and it is set to attract more capital inflows and visitors. But it would be wrong to conclude that the model Shenzhen represents is now trumpeting the free market and rule-of-law values that Hong Kong upholds.

How did Hong Kong become China’s new capital?

Its rise started by allowing investors from the opposite side of Sham Chung River – which separates the two cities – to open businesses there. By the following decade, Shenzhen had dispatched hundreds of municipal cadres to Hong Kong to learn how capitalism works.