Shenzhen

Shenzhen, 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 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 1979, before which it was only a small village. Both Chinese and foreign nationals have invested enormous amount of money 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 considered as one of the fastest-growing cities in the world.
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.


Cityscape


Shenzhen is home to the world's 14th tallest building, the Shun Hing Square (Diwang Building). The city has 23 buildings over 200 meters, mostly concentrated in Luohu and Futian districts. The second tallest building in Shenzhen is SEG Plaza at a height of 356 meters (292 meters to roof-top), located in the popular electronics district of Hua Qiang Bei.
Shenzhen has some of the largest public projects in China. The International Trade Center (国贸), built in 1985, was the tallest building in China when built, and the Shun Hing building was also the tallest in Asia when it was built (still the tallest steel building in the world).
Shenzhen is also the site for many tall building projects. Some of the supertalls that have been either proposed or approved are well over 400 meters. The current tallest building under construction is the 439 metre tall Kingkey 100, which will be finished in 2011. Other proposed buildings would surpass the Kingkey 100's height by 2015.
For example, the 646 meter tall Pingan International Finance Centre will be the tallest in China and second tallest building in the world upon completion in 2014, after the Burj Khalifa. See list of tallest buildings in Shenzhen.


Transport


Shenzhen Airlines and Jade Cargo International are located at Shenzhen Bao'an International Airport. The airport is 35 kilometers from central Shenzhen and connects the city with many other parts of China, and serves domestic and international destinations.
[edit]Railway
Shenzhen Railway Station is located at the junction of Jianshe Lu, Heping Lu and Renmin Nan Lu and provides links to different parts of China. There are frequent high speed trains to Guangzhou, plus long-distance trains to Beijing, Shanghai, Changsha, Jiujiang, Maoming, Shantou and other destinations. The train from Hong Kong's Hung Hom MTR station to the Lo Wu and Lok Ma Chau border crossings take 43 minutes and 45 minutes respectively.
There is another railway station located in Nanshan District, Shenzhen Xi, which is used for a small number of long distance trains, such as the one to Hefei.


Metro
The Shenzhen Metro system opened on 27 December 2004. In phase I, there are only two lines (Luobao line & Longhua line). Luobao line is from Luohu (Lo Wu & Shenzhen railway stations) to The window of the world (Oversees Chinese Town), and the Longhua line is from Futian Kouan (Futian checkpoint) to Shaonian Gong (Children's Palace). In June 2011, the Shenzhen Metro extended the previous Luobao and Longhua line. Currently, the Luobao line runs from Luohu to Shenzhen Bao'an Airport and the Longhua line (now operated by MTR) runs from Futian Kouan to Qinghu. Also in June 2011, three lines of the second phase opened just prior to the 26th summer Universiade . They are Shekou line (from Chiwan to Xinxiu), Longgang Line (from Yitian to Shuanglong), and Huanzhong line(from Qianhaiwan to Huangbeiling).


Sea
Shenzhen is also connected by fast ferries linking Shekou, on the west edge of the SEZ with Zhuhai, Macau, Hong Kong International Airport, Kowloon, and Hong Kong Island.
Shenzhen has shorelines in its southwest and southeast. Beaches like Dameisha and Xiaomeisha are often crowded with locals and tourists. The Xichong beach, is just one hour drive from downtown Shenzhen, and it still retains its age old natural beauties.


Road
Since February 2003, the road border crossing at Huanggang and Lok Ma Chau in Hong Kong has been open 24 hours a day. The journey can be made by private vehicle or by bus. On 15 August 2007, the Lok Ma Chau-Huanggang pedestrian border crossing opened, linking Lok Ma Chau Station with Huanggang. With the opening of the crossing, shuttle buses between Lok Ma Chau transport interchange and Huanggang were terminated.
Taxis are metered and come in three colors. Red taxis may travel anywhere; green ones are restricted to outside the SEZ, and yellow ones are restricted to inside the SEZ.
There are also frequent bus and van services from Hong Kong International Airport to Huanggang and most major hotels in Shenzhen. A bus service operated by Chinalink Bus Company operates from Kowloon Station on the Airport Express MTR line (below Elements Mall) direct to the Shenzhen International airport.


Economy
In 2001, the working population reached 3.3 million. Though the secondary sector of industry had the largest share (1.85 million in 2001, increased by 5.5%), the tertiary sector of industry is growing fast (1.44 million in 2001, increased by 11.6%). Shenzhen's GDP totaled CNY 820.1 billion in 2009, up by 10.7 percent over the previous year, with a GDP per capita of US$13,581 as of 2009. Its economy grew by 16.3 percent yearly from 2001 to 2005 on average. The proportion of the three industries to the aggregate of GDP was 0.1:46.7:53.2 in 2009. The proportion of the primary industry to GDP was down by 13.4%, and the tertiary industry was up by 12.5%. Shenzhen is in the top ranks among mainland Chinese cities in terms of comprehensive economic power. It ranked fourth in GDP among mainland Chinese cities in 2001, while it ranked the top in GDP per capita during the same period. Its import and export volumes have been first for the last nine consecutive years. It is the second in terms of industrial output. For five consecutive years, its internal revenue within local budget ranks third. It also ranks third in the use of foreign capital.
Shenzhen is a major manufacturing center in China. In the 1990s, Shenzhen was described as constructing "one highrise a day and one boulevard every three days". The Shenzhen skyline has 13 buildings at over 200 meters tall, including the Shun Hing Square (the 8th tallest building in the world).
Shenzhen is home to some of China's most successful quality brand high-tech companies, such as BYD, Dingoo, G'Five, Hasee, Huawei, JXD, Konka, Netac, Skyworth, Tencent and ZTE. BYD, Hasee and Huawei are headquartered in the Longgang District. TCL Corporation, best known as China's number one TV brand, has a presence in the city. Taiwan's largest company Hon Hai Group (Foxconn) has a manufacturing plant based in Shenzhen. Many foreign high-tech companies have their operations in the Science and Technology park in Nanshan District or outside the core districts where labor and land are much cheaper. CSG Holding is the largest architectural glass manufacturer in China. Vanke is the largest residential real estate developer in China. In the financial sector, Shenzhen Development Bank, China Merchants Bank and Shenzhen City Commercial Bank are some of the largest banks in China, with headquarters in Shenzhen.
Shenzhen Convention & Exhibition Center is a super large public construction with multi-functions of hosting business activities, celebrations, conferences, conventions, entertainment events, exhibitions, restaurants and all kinds of shows.