GDP: RMB 280 billion
Area: 2,020 sq km
Administrative division: 6 sub-municipal districts
Shenzhen, also known as Pengcheng, is a city with the most ports and the only city with sea, land and air ports in China. Being the major gateway for China to communicate with the world, Shenzhen has strong economic support and modernized municipal infrastructures. In 2008, Shenzhen’s GDP totaled RMB 280 billion. The present population of permanent residents in Shenzhen amounts to 8.61 million, with a per capita GDP of RMB 90,662.
As the “experiment ground” for China’s economic reform and open-door to the outside, Shenzhen was the first to establish a relatively complete socialist market and economic system, creating a miracle in the history of industrialization, urbanization and modernization in the world. Shenzhen is the brilliant epitome of 30 years’ splendid achievements of China’s reform and open-door policy. Shenzhen has been putting emphasis on the development of new and high technology industry and fund-intensive manufacturing, with the present stress of investment attraction on automobile, petrochemical and other industrial and strong-leverage projects. The major sectors related to foreign investment in Shenzhen include electronics and communication, electric power and machinery, textile and garment, foodstuffs, pharmaceuticals, mineral products, real estate, traffic and transportation and commercial catering etc.