Search results
Results from the WOW.Com Content Network
It transformed from 126 square miles of villages into a business metropolis. [20] As seen by the table below, the ten years of economic reform from 1980 to 1990 increased population in Shenzhen by six-fold, GDP by around sixty-fold, and gross industrial output by two-hundredfold. Before 1980, Shenzhen's GDP was just 0.2 percent of Hong Kong's.
The Shenzhen Special Economic Zone (Chinese: 深圳经济特区) is a special economic zone (SEZ) of China. One of four special economic zones (SEZ) established in May 1980, it was the first SEZ created by Deng Xiaoping , [ 1 ] and, like the other three zones, was modeled after Ireland 's Shannon Free Zone .
Shenzhen [a] is a city in the province of Guangdong, China.A special economic zone, it is located on the east bank of the Pearl River estuary on the central coast of Guangdong, bordering Hong Kong to the south, Dongguan to the north, Huizhou to the northeast, and Macau to the southwest.
[13]: 6–7 SOEs are important to domestic equity markets, accounting for about 40% of total market capitalization and 50% of company revenues on the Shanghai Stock Exchange and Shenzhen Stock Exchange. [13]: 6
China Development Institute (CDI) is a China-based think tank headquartered in Shenzhen, Guangdong, bordering Hong Kong. It was founded in 1989 to support the Chinese economic reform . CDI is also tasked with expanding international academic exchanges and cooperation between think tanks and private enterprise.
Learning from Shenzhen: China's Post-Mao Experiment from Special Zone to Model City is a 2017 collection of essays, co-edited by Mary Ann O'Donnell, Winnie Wong, and Jonathan Bach, and published by the University of Chicago Press.
Other reforms have transferred state-owned assets to social-security funds to help finance pensions, and the Shenzhen municipal government has proposed using their state-owned enterprises to finance a social dividend-type of system for its residents.
At the same time, due to Shenzhen's internationalization strategy and the influence of the nearby international city, Hong Kong, Shenzhen blends the cultures of northern and southern China. It is also more Westernized compared to the mainland. The development of folk culture has its own vitality and characteristics.