Asia-Pacific Hub
Sharing borders with Hong Kong, Shenzhen is endowed with geographical advantages. It is an essential node in the Belt and Road Initiative and a significant transport hub in Asia-Pacific. Shenzhen is home to an international deep-water port, an international airport, and the largest land ports in Asia, important expressways, and national freight and passenger rails.
The Pearl River Delta upon which Shenzhen is situated has incomparable supporting facilities. Within a one-hour drive from Shenzhen, you can procure any main parts or accessories for any industry. And scientific research outcomes can be rapidly transformed into innovative products. Shenzhen is within arm's reach of the most developed market in the world. With the 24-hour customs clearance service, people can go to Hong Kong at any time. It only takes them 23 minutes to get to Hong Kong's city center from Shenzhen, and a one-hour drive to Hong Kong Airport. Within one hour, products can be transported from the factory to Shenzhen-Hong Kong ports where they are poised to be transported to every corner of the world.
In 2024, Shenzhen's container throughput reached a record high of 33.399 million TEUs.
In 2024, Shenzhen's total foreign trade hit RMB 4.5 trillion, ranking first among mainland cities. Exports amounted to RMB 2.81 trillion, up 14.6%, securing the top spot for the 32nd consecutive year.
In 2024, Shenzhen airport facilitated a total of 61.48 million domestic Passenger trips, ranking 4th in China.
In 2024, Shenzhen airport handled 1.8813 million tons of domestic cargo and parcels, ranking 3rd in China.
City of Innovation
Innovation is in Shenzhen’s genes. Shenzhen is the first National Demonstration City of Innovation in China. It is developing itself as an industrial center for scientific and technological innovation. With fostering strategic emerging and future industries as the pillar of its efforts to nurture new quality productive forces, Shenzhen has developed multiple new drivers for high-quality development, with new energy vehicles, new energy storage and low-altitude economy in particular. Shenzhen has given birth to numerous high-tech companies such as Huawei, ZTE, Tencent, BYD, and DJI. It is truly a city of innovation.
There are over 25,000 state-level high-tech companies in Shenzhen.
Shenzhen ranked first among all Chinese cities in the number of PCT patent applications for 21 consecutive years.
Shenzhen's R&D expenditure reached RMB 223.661 billion, accounting for 6.46% of GDP in 2024. Shenzhen companies' spending on research and innovation accounted for 93.3% of the city's total R&D expenditure, ranking first in the nation.
Openness and Inclusiveness
Shenzhen is a window of China's reform and opening-up and a city of immigrants that pools a great number of quality talents, rendering itself a brimming vitality. “If you come, you are a Shenzhener. "Shenzhen's unique population structure ends up bursting out strong talent vitality and market vitality, thus forming a unique urban culture that is open, inclusive, innovative and facilitates cultural exchange. In Shenzhen, different cultures and ideas of various countries fuse and collide, producing all kinds of innovations, creativity and imaginative ideas, making Shenzhen a modern global hub of makers.
Shenzhen has established 95 pairs of sister cities or friendship cities with provinces, cities, and regions in 59 countries.
Market Vitality
Shenzhen, as the first Special Economic Zone in China, has formed a well-developed market economy and a fair market environment, and has shown full respect to those companies domiciled there. Shenzhen sets a precedent by introducing Entrepreneurs’ Day, to be celebrated on November 1 every year.
It was rated by The Economist as the most successful Special Economic Zone among its 4,300 counterparts.
Over 310 Global Fortune 500 companies have invested in Shenzhen.
In 2024, Shenzhen's GDP hit RMB 3.68 trillion.
In 2024, Shenzhen's total output of industrial enterprises above designated size reached RMB 5.4 trillion, with the added value of such enterprises up by 9.7%, marking the highest growth rate in nearly 13 years. For the third consecutive year, Shenzhen ranked first among all Chinese cities in both total output and added value of output of industrial enterprises above designated size.
Shenzhen has 4.404 million commercial entities in total, ranking top among all cities in China.
A total of 10 Shenzhen-based companies were on the 2024 Fortune Global 500 List.
Efficient Government
Shenzhen endeavors to build a law-based, service-oriented government of integrity. Leveraging the legislative power delegated to Special Economic Zone, Shenzhen has created a fair, transparent, and loose environment for business. Shenzhen is the vanguard of China's reform and opening-up.
With the goals of marketization, rule of law, internationalization and facilitation, Shenzhen strives to promote a number of reforms, streamline administration and delegate power, optimize handling procedures, and take the lead in promoting the reform of the commercial registration supporting system in the country, simplify the process of establishing companies, and stimulate entrepreneurial enthusiasm. Furthermore, the time required to register a company has been shortened from 20 working days to only 1.
Shenzhen ranked first for five consecutive years in the assessment of the cities to integrate government services.
Shenzhen was rated as the “Best City for Business" in the survey of private businesses by the All-China Federation of Industry and Commerce for four consecutive years.
Urban Culture
Cultural Facilities
There were 845 public libraries in Shenzhen, with a total collection of books of 64.7633 million volumes, up by 7.0%. Shenzhen is home to 61 museums, 13 art galleries, 1 radio station, 2 television stations, and 3 radio and television centers, with its population fully covered by radio and television.
Sports Facilities
Shenzhen has introduced a platform for management on one website, unified coordination, and one-key reservation through “iShenzhen", connecting 2,000 stadiums, and opening 8,500 sports venues, making reservation, payment and navigation easier and quicker online for its citizens to get exercised.
42 sports theme parks
100 community sports parks
58 large stadiums
1,216 football fields
1,453 kilometers of fitness trails
30,411 sports venues and facilities
205 newly built urban in-building sports venues
1.5 million m² of new sports space