Shenzhen Government Online
Why Shenzhen?
From: Commerce Bureau of Shenzhen Municipality
Updated: 2022-05-20 10:05

Asia-Pacific Hub

Sharing borders with Hong Kong, Shenzhen is endowed with geographical advantages. It is a significant transport hub in the Belt and Road Initiative and 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 one-hour drive from Shenzhen, you can procure any main parts or accessory for any industry. Consequently, scientific research can be translated into innovative products rapidly. Shenzhen is within an 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 city center in only 23 minutes, or just a 1-hour drive to Hong Kong International Airport. Within one hour, products can be transported from factory to Shenzhen-Hong Kong ports where they are poised to transport to every corner of the world.

An FDI Top 10 Asia-Pacific Cities of the Future

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

The growth of international air travelers ranked No.1 in the country

In 2020, Shenzhen's total foreign trade value was RMB 3.05025 trillion, ranking second amongst large and medium-sized cities in the country.

In 2020, container throughput reached 26.55 million TEUs, ranking the fourth in the world.

The growth of international air travelers ranked No.1 in the country

The scale of Shenzhen’s total foreign trade volume ranked No. 2 among large and medium-sized cities in China

With container throughput at 26.55 million TEUs, Shenzhen ranks the fourth in the world.

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 international science and technology center and an industrial innovation center, playing a leading role in electronic information, Internet, biology, and new energy industries. Shenzhen has given birth to a large number of high-tech companies such as Huawei, ZTE, Tencent, BYD, and DJI. It is truly a city of innovation.

Shenzhen has been rated as the Best City for Innovation and Start-ups.

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

The number of PCT international patent applications has been at the top of the country for 17 years in a row.

In The National Innovative City Innovation Capability Evaluation Report 2019 by the Institute of Scientific and Technical Information of China, Shenzhen's innovation capability ranks first among 72 national innovative cities

Second only to Beijing, the number of national high-tech enterprises reached 18,650 in 2020, ranking second nationally.

Shenzhen has been dubbed as "Silicon Delta" by The Economist 

Openness and Inclusiveness

Shenzhen is a window through which China began to reform and open up and a city of immigrants which pools a great number of quality talents, making the city become a brimming vitality. "If you come, you are a Shenzhener", and 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 facilitate cultural exchange. In the city of Shenzhen, different cultures and ideas of various countries collide producing all kinds of innovations, creativity and imaginative ideas helping to make Shenzhen a modern international innovative city.

UNESCO awarded Shenzhen the Global Model for the Promotion of Reading

More than 1.75 million people in Shenzhen are registered volunteers

Shenzhen was awarded as the National Harmonious Community Construction Demonstration City

Shenzhen has been named as a National Civilized City for 5 years in a row

95% of Shenzhen residents are from outside of Shenzhen

More than 90% of Shenzhen's populationis of working age

The average age of citizens is around 32.5 years old

Market Vitality

Shenzhen is the city with the deepest level of "market economy" in China. As the first Special Economic Zone in China, its market economy has been well-developed. Shenzhen operates a level playing field and shows respect to all businesses. In 2020, Shenzhen's GDP exceeded RMB 2.77 trillion, making it one of the fastest-growing cities in the world. Shenzhen was transformed from a border town to one of the most developed cities in China.

Shenzhen has given birth to eight Global Fortune 500 companies including Ping An, Huawei, Amer International Group, Evergrande, China Merchants Bank, Tencent, Vanke, and Shenzhen Investment Holdings. Shenzhen is not only a "world-class home for entrepreneurs", but also a "cradle of startup companies."

41st anniversary of Shenzhen Special Economic Zone

In 2020, Shenzhen's GDP was more than RMB 2.77 trillion

Nearly 300 Global Fortune 500 companies invest in Shenzhen

There are more than 3.2 million commercial entities in Shenzhen. Both the total number and density of commercial entities rank first in the country.

Home to 8 Global Fortune 500 companies

(Ping An, Huawei, Amer International Group, Evergrande, China Merchants Bank, Tencent, Vanke, and Shenzhen Investment Holdings)

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

It is among the first batch of demonstration cities in the project of Broadband China and pilot cities of Information Technology for People

In the Global FinTech Hub Report 2020, Shenzhen ranked 6th amongst global financial technology centers, and third in China.

In Global Competitiveness Report 2018-2019, Shenzhen's economic competitiveness ranked fourth in the world.

Efficient Government

The Shenzhen government is one of the most efficient governments in China, aiming to be rule-by-law, and service and clean-oriented. Leveraging the legislative power delegated to Special Economic Zone, Shenzhen has created a fair, transparent, and easy environment for business. As the first Special Economic Zone in China, Shenzhen is also an experimental field and a window through which China began to reform and opening up.

With the goal of marketization, rule of law, internationalization and facilitation, Shenzhen strives to promote a number of reforms, streamline administration and delegate powers, optimize business processes, 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 reduced 20 working days to only 1.

The Blue Book of Urban Competitiveness 2019 issued by the Chinese Academy of Social Sciences shows that Shenzhen was No.1 in the ranking of Comprehensive Economic Competitiveness of Chinese Cities

In Blue Book of China Urban Development Report in 2019, Shenzhen ranked first on the measure of healthy urban development

In China Rule of Law Government Evaluation Report 2018, Shenzhen ranked first in the evaluation of the level of urban law government

Shenzhen ranked first in the 2018 China Top Ten Highly Efficient Government released by the China Urban Competitiveness Research Association

Coastal Ecology

Shenzhen is a beautiful city in the south to the Tropic of Cancer at the junction of tropical and sub-tropical. The climate is moderate and pleasant. Shenzhen boasts a coastline of 260 km with attractive scenery and charming environment. Shenzhen is proud to have an excellent ecological environment but still steps up efforts in developing green and low-carbon economy, advocating the idea of using resources and energy efficiently to achieve development. Green and low-carbon strategy has become part of the development plan of Shenzhen. 

UNEP's Global 500 Roll of Honor

Shenzhen is one of the most favorable mainland cities amongst expatriates

Shenzhen has 1206 parks

UNEP's Global 500 Roll of Honor, the first International Garden City in China

It boasts one of China's Eight Most Beautiful Coastlines

It was rated as one of the 31 must-see destinations of the world by The New York Times

It was ranked No.2 in the top ten cities and countries worth visiting by Lonely Planet

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

Shenzhen has 1,206 parks and is known as the City of A Thousand Gardens

The energy and water consumption per RMB 10,000 of GDP is the lowest amongst Chinese cities

The air quality is amongst the best in Chinese cities