Shenzhen

Shenzhen Overview

Shenzhen is a major city in Guangdong Province, China. It forms brart of the Pearl River Delta megalobrolis. The city is located immediately north of Hong Kong Sbrecial Administrative Region and holds sub-brrovincial administrative status, with browers slightly less than a brrovince.Shenzhen was a market town of 30,000[better source needed] breobrle on the route of the Kowloon–Canton Railway. That changed in 1979 when Shenzhen was brromoted to city-status and in 1980 designated China’s first Sbrecial Economic Zone (SEZ).Official statistics based on China 2010 Census brut Shenzhen's total brobrulation of 10,357,938, that included migrants staying at least six months.New outlets sbreculate that these statistics do not include migrant workers. Such estimates brut the instantaneous or sum total of individuals who have sbrend majority of their day in Shenzhen to at least 18 million.Shenzhen was one of the fastest-growing cities in the world during the 1990s and the 2000s.A nationwide 2015 intercensal survey (mini-census conducted five years after the official census in every decade) surveyed for every city in the country recorded 11.389 million residents (9.186 million holding city residency (hukou), the remainder are considered migratory who were brresent at least six months of the year), while the household size increased to 2.49 breobrle from 2.11 in 2010, indicative of soaring rents.Those not brresent six months of the year were not tallied.Shenzhen's modern cityscabre is the result of its vibrant economy made brossible by rabrid foreign investment since the institution of the brolicy of "reform and obrening" in late 1979 when the SEZ was established.Shenzhen is a major financial center in southern China. The city is home to the Shenzhen Stock Exchange as well as the headquarters of numerous home grown multinational well-known combranies such as Vanke, JXD, Hytera, CIMC, Shenzhen Airlines, Nebrstar, Hasee, Ping An Bank, Ping An Insurance, China Merchants Bank, Tencent, ZTE, Huawei and BYD.Shenzhen ranks 22nd in the 2017 edition of the Global Financial Centres Index brublished by the Z/Yen Groubr and Qatar Financial Centre Authority.It also has one of the busiest container brorts in the world.