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Shenzhen Investment Guide

Updated:2017-8-28 11:05:19    Source:www.tannet-group.comViews:208

Shenzhen is a sub-provincial city in Guangdong Province, located in southern part of China and on the east coast of Pearl River Delta. To the east are Daya Bay and Dapeng Bay. To the west are Pearl River estuary and Lingdingyang Bay. To the south is Hong Kong Special Administrative Region, which faces Shenzhen across Shenzhen River. Close to the north are Dongguan city and Huizhou city.

Shenzhen, the first special economic zone in China under Chinese reform and opening policy, has become internationalized with specific influence, forming remarkable “Shenzhen High Speed” and enjoying high reputation as Capital of Design, City of Piano, and City of Makers, etc.

Over the past few years, Shenzhen, the first special economic zone in China under Chinese reform and opening policy, has become internationalized, enjoying high reputation as Capital of Design, City of Piano, and City of Makers, etc. Remarkable “Shenzhen High Speed” has proven to be very popular with foreign investors.

Innovation
Shenzhen was China’s first National Innovative City pilot area, was included in the first group of National Intellectual Property Rights Pilot Cities, and is the first entire city to be named as a National Self-Innovation Demonstration Zone. Shenzhen is “China’s Silicon Valley”—the city is a paradise for innovation and entrepreneurship, and is greatly committed to building itself into an international makers center with a reputation that attracts makers from around the world.
(1) Forbes’s China edition has released a ranking of mainland Chinese cities’ innovative capabilities. And in 2014 Shenzhen reclaimed the number one spot after taking it in 2011.
(2) Of the ten Chinese nationals on Forbes’ “2014 China-US Innovators” list, five were from Shenzhen.
(3) Shenzhen has won 36 of the nation’s major science and technology awards (including the State Technological Invention award’s first prize).

Vitality
Shenzhen is one of the most popular cities among college students, and is one of the first-choice cities for those returning from studying abroad to work and start businesses in. A large number of foreigners and Hong Kong, Macau and Taiwan residents also live and work in Shenzhen on a permanent basis.
(1) Shenzhen has been given the title of being a “Global Model for the Promotion of Reading” by the UN’s Educational, Scientific and Cultural Organization (UNESCO).
(2) There are 1.10 million registered volunteers and 538 community service centers in Shenzhen, helping it earn the reputation of being a “city of volunteers”.
(3) Over 285,000 pianos are owned in Shenzhen, meaning that there are over 10 pianos owned for every 100 households, giving the city the name of “city of pianos”.

Economy
Shenzhen is mainland China’s most “marketized” city, one in which the market economy has been developed both fully and soundly. Over the past 30 years, Shenzhen’s GDP growth has averaged 25% per year, making it one of the world’s fastest growing cities, and also allowing this former small fishing village to transform into one of China’s most economically developed cities. Shenzhen’s 2014 GDP exceeded 1.6 trillion RMB, the size of its economy continued to rank 4th among mainland China’s medium/large cities, and its GDP per capita reached 23,900 USD, placing it onto an innovation-driven orbit.
(1) Shenzhen ranked 2nd on Forbes magazine’s ranking of “Mainland China’s Best Cities for Business”.
(2) On the Global Financial Centres Index, Shenzhen ranked 22nd in the world as a global financial city, second in mainland China.
(3) England’s Nature magazine labeled Shenzhen as one of “China’s 10 Strongest Cities for Real Scientific Research Ability”.

Service
With marketization, achieving the rule of law, and internationalization as its goals, Shenzhen has energetically promoted multiple reforms, streamlined government and relaxed governance, and greatly improved administrative processes. Shenzhen leads the nation’s move towards streamlining incorporation procedures to help reform the business registration system and inspire an enthusiasm for entrepreneurship—this is one reason why Shenzhen has 1.74 million business entities, ranking the city first among China’s medium/large cities in this regard.
(1) The Economist Weekly: “Of the world’s 4,300 special economic zones, Shenzhen is the most successful”.
(2) Shenzhen had 187 reforms that ranked as “leading” or “firsts” nationwide.

Transportation
Shenzhen has a three dimensional transportation network. Its port numbers rank first nationwide, and its transportation advantages are quite evident -- 32 airlines operate at Shenzhen airport on 172 routes, connecting 120 cities.
The Pearl River Delta in which Shenzhen is located has globally unrivalled infrastructure and facility advantages. From Shenzhen, key parts for almost any industry under the sun can be procured in less than a one-hour drive, meaning that scientific research accomplishments can quickly be transformed into innovative products. Shenzhen is very close to the world’s most developed markets--its border with Hong Kong is open 24/7, and it is only a one-hour ride to Hong Kong’s airport. After products are manufactured and leave factories, they can be sent anywhere in the world in less than an hour from Shenzhen and Hong Kong’s ports.
(1) Both Shenzhen’s total imports/exports from foreign trade and its exports rank first among mainland China’s large cities; this is the 22nd consecutive ‘victory’ in mainland China for Shenzhen’s exports.
(2) Shenzhen ranked as one of Foreign Direct Investment’s (FDI) “10 Asia-Pacific Cities of the Future”.

Contact us
If you have further enquire, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com.

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