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Shenzhen

City in Guangdong, China / From Wikipedia, the free encyclopedia

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Shenzhen (Shen Zhen/ˌʃɛnˈɛn/;[7] /ʃɛnˈʒɛn/;[8] Chinese: 深圳; pinyin: Shēnzhèn; Mandarin pronunciation: [ʂə́n.ʈʂə̂n] ) is China's third most economically and technically developed city after Shanghai and Beijing.[9] The city is a Chinese Special Economic zone, a tech hub, and a popular travel destination[10] on the banks of the Pearl River estuary in Guangdong province, bordering Hong Kong to the south.

Quick facts: Shenzhen 深圳San Zen, Country, Province, Co...
Shenzhen
深圳
San Zen
Commercial_area_of_futian_to_east2020.jpg
Skyline_KK101%26Shun_Hing_Square2021.jpg
Tencent_Seafront_Tower_in_Dec2020.jpg
Shekou_fishing_harbor2021.jpg
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From top, left to right: Aerial view of Futian CBD; KK100 and Shun Hing Square; Tencent Headquarter; Shekou Harbor; Lianhuashan Park
Location of Shenzhen City jurisdiction in Guangdong
Location of Shenzhen City jurisdiction in Guangdong
Shenzhen is located in China
Shenzhen
Shenzhen
Shenzhen (中国)
Shenzhen is located in Eastern Asia
Shenzhen
Shenzhen
Shenzhen (Eastern Asia)
Shenzhen is located in Pacific Ocean
Shenzhen
Shenzhen
Shenzhen (Pacific Ocean)
Coordinates (Civic Center (市民中心)): 22°32′29″N 114°03′35″E
CountryFlag_of_the_People%27s_Republic_of_China.svg China
ProvinceGuangdong
County-level divisions9
Settled331
Village1953
City23 January 1979
SEZ formed1 May 1980
Municipal seatFutian District
Government
  TypeSub-provincial city
  MayorQin Weizhong[1]
  CPPCC ChairmanLin Jie
Area
  Prefecture-level and sub-provincial city1,986 km2 (767 sq mi)
  Urban
1,748 km2 (675 sq mi)
Population
 (2020)[2]
  Prefecture-level and sub-provincial city17,560,000
  Urban
 (2021)[3]
14,678,000
  Urban density8,400/km2 (22,000/sq mi)
  Metro
 (2010)[4]
23,300,000
  Major ethnicities
Han
Time zoneUTC+8 (China Standard)
Postal code
518000
Area code755
ISO 3166 codeCN-GD-03
GDP (Nominal)2021[5]
 - Total¥3.07 trillion
$475.42 billion
 - Per Capita¥174,629
$27,074
 - GrowthIncrease 6.7%
Licence plate prefixes粤B
City flowerBougainvillea
City treesLychee and Mangrove[6]
Websitesz.gov.cn
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Due to the city's wide renown as a leading global technology hub, Shenzhen is commonly known as China's Silicon Valley.[11][12] Shenzhen is the headquarter of several largest technology corporations such as electronic hardware company Huawei, telecommunication giant Tencent, and drone researching and manufactoring company DJI. Shenzhen also sub-headquarters Bytedance (Tiktok's parent company) and PDD Inc. (Temu's major collaborator).[13] The city's entrepreneurial, innovative, and competitive-based culture has resulted in the city being home to more numerous small-time manufacturers or software companies over time. As an important international city, Shenzhen hosts numerous national and international events every year, such as the 2011 Summer Universiade and the China Hi-Tech Fair [zh]. Shenzhen's rapid success has resulted in the Chinese government turning Shenzhen into a model city for other cities in China to follow.

With a population of 17.56 million in 2020, Shenzhen is the third most populous city by urban population in China after Shanghai and Beijing.[14] 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.[15] According to statistics, there are as many as 1.152 million foreigners living in Shenzhen, and there are more than 30,000 permanent foreigners.[16]

Shenzhen's nominal GDP has surpassed that of its neighbor Hong Kong, and Seattle, Mumbai and Sydney internationally, and it is now among the cities with the ten largest economies in the world. Shenzhen also has the eighth most competitive and largest financial center in the world, the seventh-most Fortune Global 500 headquarters of any city in the world, fifth-highest number of billionaires of any city in the world, the second largest number of skyscrapers of any city in the world, the 28th largest scientific research output of any city in the world, and several notable educational institutions, such as Shenzhen University (ranked #47 in Best Global Universities in Asia[17]), Southern University of Science and Technology, and Shenzhen Technology University.

In the early 1980s, economic reforms introduced by Deng Xiaoping resulted in the city becoming the first special economic zone of China due to its close proximity to Hong Kong, attracting foreign direct investment and migrants searching for opportunities. In thirty years, the city's economy and population boomed and has since emerged as a hub for technology, international trade, and finance. It is the home to the Shenzhen Stock Exchange, one of the largest stock exchanges in the world by market capitalization and the Guangdong Free-Trade Zone. Shenzhen is ranked as an Alpha- (global first-tier) city by the Globalization and World Cities Research Network.