If you ever have heard of Shenzhen, the city in the Pearl River Delta of southern China, you probably know that it was a historical fishing village, China’s first Special Economic Zone, and that it is now a new global innovation centre.
Positioned as China’s Silicon Valley, Shenzhen has been gaining international attention in recent years thanks to its rapid economic success and manufacturing sector. Many Shenzhen-born technology companies have expanded globally, representing the city’s technological development and capacity. These include big names such as, Huawei, Tencent, Ping An, DJI, to name a few. However, you may not know that Shenzhen is also considered the most sustainable Chinese city and a pioneer in electric transportation. So, why is that?
‘Pioneering’ Shenzhen trialled as a Special Economic Zone
Government support and local autonomy granted by Beijing have paved the way for Shenzhen’s economic development
Shenzhen, China’s first Special Economic Zone which was officially founded in 1980, did not transform from a fishing village to a global megacity and regional innovation hub from nothing. Government support and local autonomy granted by Beijing have paved the way for Shenzhen’s economic development.
In the early 1980s, while the rest of mainland China was under a planned economy, Shenzhen was the only city that was allowed to experiment with the market economy. As such, ‘pioneering’ is a word embedded in Shenzhen’s spirit.
Read More at https://daoinsights.com/opinions/pioneering-sustainability-shenzhen-is-more-than-chinas-silicon-valley/
Comments