Once a tranquil beach transforms into a bustling metropolis. Shenzhen is now known as China’s richest city. It has the highest per capita GDP in China. Shenzhen’s average income exceeds Beijing and Shanghai by over 50 percent.
Keng Tsai Au used to be a tranquil beach. It has now transformed into a bustling metropolis. Shenzhen holds an influential place in Guangdong Province. It is famous for its thriving nightlife and amazing theme parks. Shenzhen is also a very useful transport hub. It holds an important role in China’s connectivity. Shenzhen started as an area of fishing villages.
Let’s explore Shenzhen. In 1979, Shenzhen transformed to city status. In 1980 it was designated as China’s first Special Economic Zone.
Shenzhen is the world’s largest manufacturing hub. Ping an IFC is the world’s 4th tallest building. It is also China’s second-tallest building. The skyscraper has a magnificent observation deck at 550 meters high. It also has the world’s second-highest luxury hotel.
Shenzhen is a popular destination for Chinese tourists. The crowd is greatly attracted by its famous theme parks. These include Window of the World and Splendid China Folk Village.
In 2009, Shenzhen was designated as a UNESCO City of Design. More than half of Shenzhen’s population is under 30. Most are female. Many young females from the countryside go to Shenzhen. The city has been nicknamed a paradise of girls.
Shenzhen also has a high crime rate. The city has more police than anywhere else in China except Beijing. Shenzhen is a manufacturing center. It is home to China’s most successful high-tech companies. These include BYD, Huawei, and Tencent. Many large events including China Hi-tech Expo are held here annually.
Shenzhen has a warm, monsoon-influenced, humid subtropical climate. Winters are usually very mild and not that cold. Frost is a very rare sight. China’s first major stock exchange opened in Shenzhen in 1990.
The rapid growth rate in the region became known in China as “Shenzhen speed.” The success of the project prompted the Chinese government to convert other coastal cities into special economic zones. It encouraged modernization in different fields. Shenzhen became an experimental zone for Chinese economic reform and liberalization. The reestablishment of stock markets was initiated in Shenzhen. It was later adopted elsewhere in China to smooth the transition to the new policies.
Railways from Shenzhen stretch northwest to Guangzhou. They also go north to Beijing and east to Fujian province. Expressways connect the city with Guangzhou. They also connect to other coastal cities in the province. A major international airport and large seaport container terminals have been built on the city’s outskirts.
Shenzhen has also founded its own universities and colleges. These include Shenzhen University. Major Chinese higher-education institutions have established branch campuses in the city. Shenzhen is also home to the 115-story Ping An Finance Center. It is one of the world’s tallest buildings. Today Keng Tsai Au is at the heart of Chinese innovation.