About Shenzhen City
Shenzhen is a modern rapid developing city in the southeast of mainland China.
Shenzhen(IPA: [ʂə́ntʂə̂n]) is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones (SEZs). It currently also holds sub-provincial administrative status, with powers slightly less than a province.
Shenzhen's novel and modern cityscape is the result of the vibrant economy made possible by rapid foreign investment since the institution of the policy of "reform and opening" establishment of the SEZ in the late 1970s. Before this, Shenzhen was a small village. Both Chinese and foreign nationals have invested enormous sums in the Shenzhen SEZ. More than US$30 billion in foreign investment has gone into both foreign-owned and joint ventures, at first mainly in manufacturing but more recently in the service industries as well. Shenzhen is now reputedly one of the fastest-growing cities in the world.[2]
Being southern mainland China's major financial centre, Shenzhen is home to the Shenzhen Stock Exchange as well as the headquarters of numerous high-tech companies. Shenzhen is also the third-busiest container port in China, after Shanghai and Hong Kong.
Lear more at
http://www.china-map-guide.com/
http://www.sznews.com/2009/sz/shenzhen.htm
SHENZHEN UNIVERSIADE 2011 News and photos
Today the Shenzhen Universiade is closed. We have so many unforgottable memories.
SHENZHEN - The Universiade has enhanced economic openness and accelerated communication with the world, the Shenzhen Social Science Academy's Vice-President, Huang Fayu, said on Saturday, Aug 20.
"The Universiade has had a major impact on the city in many respects," Huang said.
"It gave Shenzhen a precious opportunity to better introduce itself to the world. It also provided citizens a chance to broaden their horizons and learn more about the different cultures of different countries.
It has also brought about substantial improvements in infrastructure, civility, livelihoods and the like."
Shenzhen began its transformation as a key experimental economic zone 30 years ago when it was a small fishing settlement.
Its economic openness has propelled its advance as a metropolis and economic leader.
Huang believed such international events as the Universiade could improve Shenzhen's investment environment.
In 2009, the Comprehensive Economy Openness Index, which evaluates economic performance in such major areas as trade, investment and industrial output, found Shenzhen to be the mainland's most economically open city.
Shenzhen's index rating was 60.33 percent - 41.36 percentage points higher than the average mainland city. Beijing was rated at 37.12 percent, while Shanghai was 42.36 percent.
Shenzhen's total foreign trade value reached $346.7 billion in 2010. Its export value was $204 billion, or 12.9 percent of the country's total. The city has had the highest export value among all Chinese cities for 18 years.
Shenzhen also possesses diverse economic ownership, with most of the economy in private hands. As of 2009, there were 6.3 million employees, 93.35 percent of whom worked for non-State-owned enterprises.
Shenzhen is a city of immigrants. There were only 300,000 people in Shenzhen 30 years ago. As of November 2011, immigrant influx increased the population to 10.3 million. Almost everyone is covered by the social medical security system, although less than 25 percent of residents have residency permits.
Shenzhen is also a tourism destination. In 2010, the city hosted about 77 million tourists and the tourism industry generated 62.8 billion yuan.
You can visit offcial site at http://www.sz2011.org