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Shenzhen

  • Shenzen, China
View from a revolving restaurant
Priority: Low
Location Type: Destination
Shenzen, located immediately north of Hong Kong, grew rapidly in the past decades and is one of China's most successful Special Economic Zones.

Hostels

rating:
83.4
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from 24.50 USD
rating:
81.2
private:
from 26.25 USD
rating:
80.6
private:
from 30.86 USD
rating:
79.0
private:
from 23.86 USD

Articles

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Wikipedia - Shenzhen

Shenzhen night street

Shenzhen (Chinese: 深圳市;) is a city of sub-provincial administrative status in southern China's Guangdong province, situated immediately north of Hong Kong. Owing to China's economic liberalization under the policies of reformist leader Deng Xiaoping, the area became China's first—and arguably one of the most successful—Special Economic Zones.
Shenzhen's novel and modern cityscape is the result of the vibrant economy made possible by rapid foreign investment since the late 1970s, when it was a small fishing village. Since then, foreign nationals have invested more than US$30 billion for building factories and forming joint ventures. It is now reputedly one of the fastest growing cities in the world. Being southern China's major financial centre, Shenzhen is home to the Shenzhen Stock Exchange as well as the headquarters of numerous high-tech companies. Shenzhen is also the third busiest container port in China, ranking only after Shanghai and Hong Kong. ... read more

Wikitravel - Shenzhen

Lake of the Immortals Park Shenzhen
Lake of the Immortals Park Shenzhen

In 1979, Shenzhen — then a group farming and fishing communities along the Hong Kong border with a total population of a few hundred thousand — was designated the first of China's Special Economic Zones (SEZs). The plan was to create a sealed off enclave to experiment with market reforms and performance incentives without posing a threat or risk to the established political and economic system elsewhere in China. Shenzhen won the honor because of its proximity to the abundant capital resources and management expertise across the border. Since then, it has been a real boom town and today is a bustling city of well over ten million.
A 2010 study conducted by Forbes magazine ranks Shenzhen's population density as the 5th highest in the world. Shenzhen also boasts the highest per capita GDP in China, pulling in an impressive USD 13581 in 2009, but this is hotly disputed due to the method whereby the population figure is derived. But many observers also point out that, given the preponderance of privately held companies in Shenzhen and the widespread avoidance of tax, it is highly likely that the GDP figure is also severely understated. A walk around Shenzhen's leafy western suburbs will quickly allay any doubts as to the wealth in the city. ... read more

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