Shenzhen is a coastal city in South China. It is located on the southern tip of the Chinese mainland and on the eastern bank of the Pearl River, neighboring Hong Kong. It has established many firsts in the history of world industrialization, urbanization and modernization and has become a prosperous, chic, innovative, harmonious and beautiful city. Shenzhen was nominated as “Charming China- Top 10 Most Attractive Chinese Cities to Foreign Intelligence of 2016” in 2016, and has become one of the best cities for entrepreneurs and makers all over the world.
Shenzhen strives to play a pivotal role in the One Belt and one Road Initiative in order to build itself into a gateway along the 21st-Century Maritime Silk Road by making full use of its geographic location and taking advantage of its business and human resources with, emphasis on the development of the Guangdong-Hong Kong-Macao Greater Bay Area, and focusing on transportation connectivity, economic and trade cooperation and cultural exchanges.
Shenzhen is a powerhouse of China’s electronic information industry, with its annual industrial output value exceeding 1 trillion yuan. It is also a key research, production, and exportation base of telecommunication equipment, flat panel display, computational and peripheral devices, and home audiovisual products and software. Huawei, ZTE, Skyworth and Great Wall Technology are among Shenzhen’s enterprises that have made their names both at home and abroad.
In 2016, the added value of Shenzhen’s Internet industry was 76.75 billion yuan, up 15.3% from 2015. Shenzhen’s Internet finance leads the country with the largest number of online loan platforms. Shenzhen has more than 90,000 Internet-related businesses and a large number of world-renowned Internet companies. Among them, Tencent is one of China’s biggest Internet service providers as well as one of the Internet companies that boast the largest number of users.