Shenzhen/Hong Kong region

A fast-growing metropolis of 12 million people, Shenzhen has been on a steady rise since it was established as China’s first Special Economic Zone in 1979. Now, Shenzhen is not only a major commercial hub of China’s most populous province, Guangdong, but also a market leader within all of China. The city is a lodestar for the biotechnology, logistics, Internet, and new energy industries of China, and innovating companies such as Huawei, BYD, and Tencent are headquartered here. On the world stage, Shenzhen has made its mark as well – in 2008, it was named a UNESCO City of Design, and in 2011, it hosted the 26th Summer Universiade.

As an innovative and pioneer city, Shenzhen is never satisfied with its past achievements. The city newly launched a revolutionary project known as the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (hereinafter as Qianhai), to become China’s next global financial services hub. Qianhai is situated on the shore of Nanhai, Shekou Peninsula in Shenzhen and the east estuary of the Pearl River, adjacent to Hong Kong and Macau. It has been set as an innovation area for modern service industries, a cluster area for the development of modern services, a pilot area for close cooperation between the mainland and Hong Kong, and an upgrade-leading area in the Pearl River Delta. It already has become one of the most open national industrial development zones, with the most innovative mechanisms, the most room to explore new policies, the most potential for industrial development and the best supporting policies. Qianhai will be mold into a special zone among special zones.

As a tourist destination, Shenzhen abounds with numerous nature preserves, coastal spaces, and theme parks. Finally, Shenzhen is China’s gateway to the rest of Southeast Asia – major business centers such as Bangkok, Singapore, Kuala Lumpur, Manila, and Ho Chi Minh City are all within a few hours away from Bao’an International Airport, the 4th largest in China. Beyond Southeast Asia, Bao’an International also has daily flights to every other major city of Asia, including Tokyo, Seoul, and Taipei. Within domestic China, Shenzhen is only one hour to major cities in Pearl River Delta Region, four hours to central China and eight hours to North China by the world’s largest domestic high-speed rail network.

Bordering Shenzhen, a world city Hong Kong is closely connected with Shenzhen. Hong Kong ranks the third most important leading international financial center, after London and New York City, and it has a major capitalist service economy characterized by low taxation and free trade, and the currency, Hong Kong dollar, is the eighth most traded currency in the world. The lack of space caused demand for denser constructions, which developed the city to a center for modern architecture and the world’s most vertical city. Hong Kong has one of the highest per capita incomes in the world. Extensive public transportation options link the Shenzhen and Hong Kong – from downtown, one may visit Hong Kong via bus, metro, and ferry, although a customs and immigration inspection is required.

 

We welcome you to watch the video introduction below to learn more about our dynamic city and region:

 

For more information contact us.

Newsletter Sign Up

Peking University School of Transnational Law

Room 410, School of Transnational Law
Peking University Shenzhen Graduate School,
University Town, Xili, Nanshan District,
Shenzhen, China 518055