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        Why Shenzhen

        Asia-Pacific Hub

        Adjoining Hong Kong, Shenzhen is endowed with geographical advantages. 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.

        The Pearl River Delta upon which Shenzhen is situated has incomparable infrastructure. Through a one-hour drive from Shenzhen, you can procure any main product parts or accessories for any industry. This help to translate scientific research into innovative products rapidly. Shenzhen is within arm's reach of the most developed market in the world. You can travel from Shenzhen to Hong Kong at the drop of a hat, reaching Hong Kong's urban center in only 23 minutes, or to Hong Kong International Airport through just a 1-hour drive. Within one hour, products can be transported from factories via Shenzhen-Hong Kong Boundary Control Points to every corner of the globe.

        ● Shenzhen was named one of Top 10 Asia-Pacific Cities of the Future by FDI.

        ● In 2021, container throughput reached 28,767,600 TEUs, ranking 4th in the world.

        ● Total import and export volume of goods in 2021 stood at RMB 3.5 trillion; total export volume has ranked first among large and medium-sized mainland cities for 29 consecutive years.

        ● In China Cities' Transit-Oriented Development Index Report, Shenzhen ranks No.1 in the City Metro Comprehensive Rank.

        ● Cargo and mail throughput grew the fastest among Chinese cities, exceeding 1.5 million tons.

        Hothouse of Innovation

        Innovation is part of Shenzhen's DNA. Shenzhen is the first National Innovation Demonstration City in China. The city is developing itself into an international technology center and an industrial innovation center, as it plays a leading role in electronic information, Internet, biology and new energy industries. It is home to a large number of high-tech companies such as Huawei, ZTE, Tencent, BYD, and DJI. Shenzhen is truly a hothouse of innovation.

        ● Shenzhen has been rated as the Best City for Innovation and Entrepreneurship.

        ● Shenzhen has reached the top of Forbes China Top 30 Most Innovative Chinese Cities 2018.

        ● In the 2021 National Innovative City Innovation Capability Evaluation Report by the Institute of Scientific and Technical Information of China, Shenzhen's innovation capability ranks first among 72 innovative cities in China.

        ● The city had 20,000 national-level high-tech enterprises in 2021, ranking second nationally.

        ● As of 2021, Shenzhen has ranked first among large and medium-sized cities in China in terms of PCT applications for 18 consecutive years

        ● Shenzhen has been dubbed "Silicon Delta" by The Economist.

        An Open and Inclusive City

        Shenzhen is a window for China's reform and open-up and a city of immigrants. Attracting a great number of talents, it is a vibrant, fascinating city. "Come here, you are part of Shenzhen". Shenzhen's unique demographic structure vitalizes the local market with a big talent pool and has given rise to a unique city culture that is open, inclusive, innovative and interactive. In the city of Shenzhen, different cultures from all over the world meet, producing all kinds of innovative and creative ideas that help to make Shenzhen a modern global hothouse of innovation.

        ● UNESCO named Shenzhen a Global Model for the Promotion of Reading.

        ● Shenzhen was awarded "National Demonstration City for Harmonious Community Construction".

        ● More than 2.83 million people in Shenzhen are registered volunteers.

        ● Shenzhen was named a "National Civilized City" for six years in a row.

        ● The average age of citizens is around 32.5 years old.

        ● According to the 2021 China City Vitality Research Report, Shenzhen ranked first among the top 300 cities with the greatest appeal to talents.

        A Vibrant Market

        Shenzhen is the most "market-oriented" city in China as the first Special Economic Zone in China with a robust market economy. The city gives a level playing field for all businesses. In 2021, Shenzhen's GDP exceeded RMB 3.06 trillion, making it one of the fastest-growing cities in the world. Shenzhen has transformed itself from a border town to one of the most developed cities in China.

        ● Nearly 300 Global Fortune 500 companies have invested in Shenzhen.

        ● In 2021, Shenzhen's GDP registered more than RMB 3.06 trillion.

        ● Shenzhen has more than 3.85 million commercial entities, ranking first nationwide by both the number and density.

        ● Shenzhen was rated by The Economist as the most successful Special Economic Zone among its 4,300 counterparts.

        ● In the Global Urban Competitiveness Report 2021, Shenzhen's economic competitiveness ranked 7th in the world.

        ● Shenzhen has 169 national-level "Little Giant" enterprises, ranking 4th among Chinese cities.

        ● Ten Shenzhen-based firms were listed in Fortune Global 500 2022.

        An Efficient Government

        The Shenzhen government is one of the most efficient local governments in China, as a rule of law, service-oriented and clean government. Leveraging its SEZ legislative power, Shenzhen has created a fair, transparent and easy environment for businesses. Shenzhen SEZ is a pilot ground and a window for China's reform and opening-up.

        With the goal of marketization, rule of law, internationalization and facilitation, Shenzhen continuously introduces reformative policies, streamlines administration and delegates powers, and optimized business processes. It has reformed the commercial registration system – the first city in China to do so, and has simplified the process for establishing a company to stimulate entrepreneurship. The time required to register a company has been shortened from 20 working days to only 1.

        ● In the 2021 China City Comprehensive Competitiveness Ranking, Shenzhen ranks first.

        ● In the China Government Transparency Index Report (2021), Shenzhen has the highest government transparency score amongst large city governments.

        A Wonderful Coastal Ecosystem

        Shenzhen is a beautiful city in the south of the Tropic of Cancer and at the junction of tropics and subtropics, with a moderate and pleasant climate. It boasts a 260km coastline along which there are attractive and charming scenery and views. The city is proud to have an excellent ecological environment as it is vigorously developing a green and low-carbon economy under the principle of using resources and energy efficiently to achieve high-quality development. Green and low-carbon have become elements of Shenzhen.

        ● Shenzhen is awarded UNEP Global 500 Roll of Honor and the first "International Garden City" in China.

        ● International Professionals Exchange rated Shenzhen as one of the most favorable mainland cities amongst expatriates.

        ● Shenzhen boasts one of China's Eight Most Beautiful Coastlines.

        ● Shenzhen has 1,238 parks and is known as the "City of A Thousand Gardens".

        ● It was named one of the world's 31 must-see tourist destinations by The New York Times.

        ● Energy and water consumption per RMB10,000 of GDP is the lowest among Chinese cities.

        ● It was named one of the top ten cities and countries worth visiting by Lonely Planet.

        ● Air quality is the best among Chinese cities.

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