Saturday, June 30, 2007

Shenzhen

I just got back from a business trip to Shenzhen in Guangdong Province. It is an amazing city that was created with policy changes by the mainland Chinese leaders. It was the first of three Special Economic Zones created by the Chinese leadership back in 1980. The National People's Congress passed "Regulations for The Special Economy Zone of Guangdong Province" and officially designated the Shenzhen Special Economy Zone. The new policy allowed what was a small fishing village to grow to a city of around 14 millions people in such a short time.
Before coming to China I had never even heard of this city and yet it has 14 million people living in it. The city is still building and expanding like most cities in China. It is relatively new and more upscale than other cities. Another benefit is it is next door to Hong Kong. Many residents of Hong Kong have bought property in Shenzhen. There is still a tremendous amount of building construction activity.

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