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75-625: The team is based in Futian District, Shenzhen , Guangdong , and plays its home games at Shenzhen Gymnasium . The club was founded in 2003 as Dongguan New Century Leopards and was initially located in Dongguan , Guangdong . After twelve seasons, the team relocated to nearby Shenzhen in 2015. Success came early in their existence for the Leopards, as they were the runners-up in the 2004 Chinese Basketball League (CBL) championship, and were promoted to

150-413: A high urban population make Shenzhen a large port megacity . The logistics industry accounts for around 10.1 percent (178.27 billion RMB) of the city's nominal GDP in 2015, which was an increase of 9.4 percent. Shenzhen Port's first foreign trade blockchain cargo release platform was launched recently. Shenzhen had prioritized the cultural industry in according to the 13th Five-Year Plan, establishing

225-637: A huge influx of refugees trying to escape to Hong Kong from the upheavals that were occurring in mainland China , and a range from 100,000 to 560,000 refugees resided in the county. In January 1978, a Central Inspection Team sent by the State Council investigated and established the issue of creating a foreign trade port in Bao'an County. In May, the investigation team wrote the "Hong Kong and Macao Economic Investigation Report" and proposed to turn Bao'an County and Zhuhai into commodity export bases. In August 1978,

300-511: A population of 30,000. In May 1980 the Central Committee designated Shenzhen as the first SEZ in China, which was promoted by then- paramount leader Deng Xiaoping as part of China's reform and opening-up . Its objective is to be an experimental ground for the practice of market capitalism within a community guided by the ideals of socialism with Chinese characteristics . On 26 August,

375-599: A professional player. - Played at least one official international match for his senior national team at any time. This article about a basketball team in China is a stub . You can help Misplaced Pages by expanding it . Shenzhen Shenzhen is a city in Guangdong , China. A special economic zone , it is located on the east bank of the Pearl River estuary on the central coast of Guangdong, bordering Hong Kong to

450-435: A skilled workforce , the flexibility of the labour market , the quality of the business education and the skill-set of the workforce, and quality of life . The infrastructure factors account for the price and availability of office space at the location, as well as public transport . The financial sector development factors assess the volume and value of trading in capital markets and other financial markets ,

525-670: A sub-provincial city, the National People's Congress (NPC) in 1981 granted legislative powers to Shenzhen and other Special Economic Zones, giving the city the privilege to make its own laws and regulations. The Standing Committee of the NPC also granted Shenzhen voted and passed the "Decision on Authorizing the Shenzhen Municipal People's Congress and its Standing Committee and the Shenzhen Municipal People's Government to respectively formulate laws and regulations for implementation in

600-637: Is considered the paradigmatic example of the 1980s approach to urbanization. In December 1990, under the authority of the China Securities Regulatory Commission , the Shenzhen Stock Exchange was established to provide a platform for centralized securities trading. In February 1992, the Standing Committee of the NPC granted the government of Shenzhen the power to make local laws and regulations. In 1996 and early 1997,

675-423: Is dry. The annual precipitation averages at around 1,933 mm (76 in), some of which is delivered in typhoons that strike from the east during summer and early autumn. Extreme temperatures have ranged from 0.2 °C (32 °F) on 11 February 1957 to 38.7 °C (102 °F) on 10 July 1980. Like all governing institutions in mainland China , Shenzhen has a parallel party-government system, in which

750-685: Is now Dongguan city, although a military garrison remained. During the Song dynasty , Nantou and the surrounding area became an important trade hub for salt and spices in the South China Sea . The area then became known for producing pearls during the Yuan dynasty . In the early Ming era, Chinese sailors of a fleet would go to a Mazu temple in Chiwan (in present-day Nanshan District ) to pray as they go to Nanyang ( Southeast Asia ). The Battle of Tunmen , when

825-542: Is now among those of the cities with the ten largest economies in the world. Shenzhen also has the eighth most competitive and largest financial center in the world, the seventh-most Fortune Global 500 headquarters, fifth-highest number of billionaires , the second largest number of skyscrapers , the 19th largest scientific research output , and several higher education institutions , including Shenzhen University , Southern University of Science and Technology , and Shenzhen Technology University . Shenzhen railway station

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900-678: Is part of the 21st Century Maritime Silk Road that runs from the Chinese coast south to the tip of India via the Suez Canal to the Mediterranean, there to the Upper Adriatic region to the northern Italian hub of Trieste with its rail connections to Central Europe and the North Sea . As of August 2023, Shenzhen has the seventh-most Fortune Global 500 headquarters of any city in the world and

975-418: Is run for five separate areas of competitiveness to assess how financial centres perform in each of the areas. The business environment factors aggregate and value the regulation , tax rates , levels of corruption , economic freedom and how difficult in general it is to do business. To measure regulation an online questionnaire has been used. The human capital factors summarize the availability of

1050-566: Is set against the backdrop of the classic novel, Journey to the West . Global Financial Centres Index The Global Financial Centres Index ( GFCI ) ranks the competitiveness of financial centres based on over 29,000 assessments from an online questionnaire and over 100 indices from organisations such as the World Bank , the Organisation for Economic Co-operation and Development (OECD), and

1125-552: The 2011 Summer Universiade and the China Hi-Tech Fair. A large portion of Shenzhen's population are migrants from all over China, and the city's population structure skews younger than most places in China. The earliest known recorded mention of the name chen could date from 1410, during the Ming dynasty . Locals call the drains in paddy fields "Zhen" ( Chinese : 圳 ; lit. 'ditch', 'drain'). Shenzhen

1200-662: The 26th Universiade , an international multi-sport event organized for university athletes. In April 2015, the Shekou Industrial Zone and the Qianhai Zone were integrated within the newly established Guangdong Free-Trade Zone . On 18 August 2019 the central government in Beijing unveiled reform plans covering economic, social, and political sectors of Shenzhen, labeling Shenzhen a pilot demonstration zone for socialism with Chinese characteristics. Shenzhen roughly follows

1275-637: The CCP Committee Secretary , officially termed the Chinese Communist Party Shenzhen Municipal Committee Secretary, outranks the Mayor. The CCP committee acts as the top policy-formulation body, and is typically composed of 12 members (including the secretary). Despite being a sub-provincial city , Shenzhen as a SEZ still wields a lot of autonomy from the central government. In addition to being promoted to

1350-592: The Chinese Basketball Association (CBA) for the 2005–06 season. In its first season in the CBA in 2005–06, Dongguan finished in seventh and last place in the South Division, and was out of the playoffs. The team would soon battle its way to respectability, however, becoming somewhat regular participants in the CBA's postseason over the ensuing years. In July 2011, NBA point guard Jeremy Lin played for

1425-547: The Eastern Jin administration split up Nanhai and established a new Dongguan Commandery  [ zh ] (东官郡). The seat of both the commandery and Bao'an County, one of its six counties, was located around the modern town of Nantou. In 590, the Sui administration merged the region back into Nanhai. In 757, the Tang administration renamed the county Dongguan, and moved its seat to what

1500-857: The Economist Intelligence Unit . The first index was published in March 2007. It has been jointly published twice per year by the London -based think tank Z/Yen and the China Development Institute since 2015. It is widely quoted as a top source for ranking financial centres. The 36th edition of the GFCI was published in September 2024. New York City , London and Hong Kong ranked top 3 globally. The latest report ranked 120 international financial centres into

1575-707: The Huiyang District Committee reported to the Provincial Committee on the "Report on the Request for the Change of Bao'an County to Shenzhen". On 18 October, the Standing Committee of the Guangdong Provincial Party Committee decided to change Bao'an County into Bao'an City and to turn it into a medium-level prefecture-level city with a foreign trade base. The Huiyang District Committee and

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1650-722: The Lo Wu Bridge in Shenzhen, though this was detonated by the British, preventing the Japanese from entering Hong Kong. In 1953, four years after the founding of the People's Republic of China , the Bao'an County government decided to move to Shenzhen, since the town was closer to the KCR and had a larger economy than Nantou. From the 1950s to the end of the 1970s, Shenzhen and the rest of Bao'an County oversaw

1725-556: The Opium Wars , the southern portion of Bao'an County was occupied by the British government and became part of British Hong Kong , while the village of Shenzhen was next to the border. Shenzhen turned into a city in 1979. In the early 1980s, economic reforms introduced by Deng Xiaoping resulted in the city becoming the first special economic zone of China due to its close proximity to Hong Kong, attracting foreign direct investment and migrants searching for opportunities. In thirty years,

1800-470: The Pearl River Delta , bordering Hong Kong to the south, Huizhou to the north and northeast, Dongguan to the north and northwest. Lingdingyang and Pearl River to the west and Mirs Bay to the east and roughly 100 kilometres (62 mi) southeast of the provincial capital of Guangzhou . As of the end of 2017, the resident population of Shenzhen was 12,528,300, of which the registered population

1875-607: The Shenzhen Guesthouse Hotel in Shenzhen was home to the Provisional Legislative Council and Provisional Executive Council of Hong Kong in preparation for the handover of Hong Kong in 1997. By 2001, as a result of Shenzhen's increasing economic prospects, increasing numbers of migrants from mainland China chose to go to Shenzhen and stay there instead of trying to illegally cross into Hong Kong. There were 9,000 captured border-crossers in 2000, while

1950-604: The Standing Committee of the National People's Congress (NPC) approved the "Regulations of the Guangdong Special Economic Zone." In March 1981 Shenzhen was promoted to a sub-provincial division . There were plans for Shenzhen to develop its currency, but the plans were shelved due to the risk and the disagreement that a country should not be operating with two currencies. To enforce law and order in

2025-735: The Yantian International Container Terminals , the Chiwan Container Terminals, the container terminals of the Shekou Industrial Zone , the China Merchants Port , and Shenzhen Haixing . The Port of Shenzhen is therefore capable of handled a record volume of containerization . With rising trade increased cargo shipments in 2005, the container port was ranked as the world's fourth-busiest container port . High port traffic levels combined with

2100-530: The cluster effect of the number of different financial service companies at the location, and employment and economic output indicators. Reputational and general considers more subjective aspects such as innovation , brand appeal, cultural diversity and competitive positioning. The index provides sub-rankings in the main areas of financial services – banking , investment management , insurance , professional services , government and regulation , finance , fintech , and trading . The index measures

2175-549: The death penalty with a two-year reprieve for accepting bribes up to US$ 5.4 million. Shenzhen has direct jurisdiction over nine administrative Districts and one New District : Shenzhen was originally Bao'an County . On 5 March 1979, the State Council of the People's Republic of China dissolved the county and set up the city of Shenzhen in its place initially with six districts: Luohu ( 罗湖 ), Nantou ( 南头 ), Songgang ( 松岗 ), Longhua ( 龙华 ), Longgang ( 龙岗 ), and Kuiyong ( 葵涌 ), with

2250-550: The "Regulations on Vigorously Developing Foreign Trade to Increase Foreign Exchange Income" and agreed to pilot the first special economic zones (SEZ) in Shenzhen, Zhuhai, Shantou, and Xiamen . In November, Shenzhen was elevated to the status of prefecture-level city at the regional level by the Guangdong provincial administration. Hundreds of small villages nearby, such as Yumin Cun, were incorporated into Shenzhen. In 1980, Shenzhen had

2325-449: The Bao'an County Committee, however, defended the change to rename Bao'an County to Shenzhen, claiming that people in the world know more about Shenzhen and its port than they know about Bao'an County. On 23 January 1979, the Guangdong provincial administration and the district of Huiyang announced their proposal to rename Bao'an County to Shenzhen and was approved and put into effect by the State Council on March 5 of that year. Also,

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2400-533: The China International High-tech Achievements Fair, which showcases high-tech products and provides for dialogue and investment for high-tech. As a result, Shenzhen is dubbed by media outlets as "China's Silicon Valley " or the "Silicon Valley of Hardware" for the world. Shenzhen is home to a number of large financial institutions, such as China Merchants Bank and Ping An Insurance and its subsidiary Ping An Bank . Since

2475-602: The Guangzhou People's Intermediate Court charged former Shenzhen Deputy Mayor Wang Ju with bribery and abuse of power and sentenced him to 20 years in prison. In June 2005, the Shenzhen People's Intermediate Court charged sentenced Luohu District Public Security Director An Huijun to 15 years in prison for accepting bribes. In May 2011, the Zhengzhou Intermediate Court sentenced former mayor Xu Zongheng to

2550-469: The Ming won a naval battle against invading Portuguese , was fought south of Nantou. To prevent a rebellion from Ming loyalists under Zheng Chenggong , better known as Koxinga, on the Chinese coast, the recently established Qing administration resettled coastal residents inland and re-organized coastal counties. As a result, Bao'an County lost two-thirds of its territory to the neighboring Dongguan and

2625-755: The Shenzhen Fashion Creative Industry Association (深圳市时尚文化创意协会) and planning the 4.6 square-kilometer Dalang Fashion Valley (大浪时尚创意城). On 7 December 2008, UNESCO approved Shenzhen's entrance into the Creative Cities Network , and awarded the Shenzhen the title of "United Nations Design Capital." Altogether, the cultural industry in turn contributes to 5.8 percent (102.116 billion RMB) of Shenzhen's economy in 2015. Shenzhen-based video game developer Game Science released Black Myth: Wukong , which achieved significant commercial success on its August 20, 2024 release. The game

2700-539: The Shenzhen Special Economic Zone" in order to give fully strengthen Shenzhen's legislative powers without interference from the central government. There were several cases of high-ranking Shenzhen officials that were arrested on charges relating to corruption. In December 2002, the Shenzhen People's Intermediate Court sentenced Zhao Yucun, former Commissioner of Shenzhen Customs, to life imprisonment for taking bribes of 9 million RMB . In November 2003,

2775-515: The State Council dissolved the "second line," and expanded the Shenzhen SEZ to include all districts, a five-fold increase over its pre-expansion size. On 26 August 2010, on the 30th anniversary of the establishment of the Shenzhen SEZ, the State Council approved the "Overall Development Plan for Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone." In August 2011, the city hosted

2850-474: The State Council, Shenzhen re-organized Longhua New District as Longhua District and Pingshan New District as Pingshan District on 11 October 2016 and Guangming New District as Guangming District on 24 May 2018, therefore becoming their own jurisdictions. Shenzhen was the first of the Special Economic Zones (SEZ) to be established by then paramount leader Deng Xiaoping . Back to Apr 1979, Shenzhen

2925-522: The United Kingdom, and leased the New Territories from Xin'an to the United Kingdom for 99 years. Xin'an was briefly occupied by a British force under the command of Henry Arthur Blake , the governor of Hong Kong , for half a year in 1899. From the 3,076 square kilometres (1,188 sq mi) of territory that Xin'an held before the treaties, 1,055.61 square kilometres (407.57 sq mi) of

3000-471: The administrative boundaries of the historical Bao'an County . The southern portion of Bao'an County became part of British Hong Kong after the Opium Wars , while the village of Shenzhen was on the border. Shenzhen railway station was the last stop on the mainland Chinese section of the Kowloon–Canton Railway , and Shenzhen's economy grew and it became a city by 1979. Shenzhen is located within

3075-580: The area that is now Shenzhen over 600 years ago. The Hakka people also have a history in Shenzhen since 300 years ago when they first immigrated. In 214 BC, when Emperor Qin Shi Huang unified China under the Qin dynasty , the area was submitted to the jurisdiction of the established Nanhai Commandery , one of the three commanderies that were set up in Lingnan , and was assimilated into Zhongyuan culture. In 331 AD,

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3150-603: The city limits with a total capacity of 525 million tonnes. Notable rivers in Shenzhen include the Shenzhen River , Maozhou River and Longgang River. Although Shenzhen is situated about a degree south of the Tropic of Cancer , due to the Siberian anticyclone it has a warm, monsoon -influenced, humid subtropical climate ( Köppen Cwa ) though it is fairly close to a Tropical one. Winters are mild and relatively dry, due in part to

3225-685: The city merged Shekou Management Area and Nantou Management Area to form the Nanshan District , renamed Shangbu Management Area to the Futian District , and merged Luohu Management Area and Shatoujiao Management Area to form the Luohu District . In December 1992, Bao'an County was dissolved again, with its area taken by Shenzhen and split into two new districts: Bao'an District and Longgang District , though economic privileges within special economics zones did not pertain to them as they were outside

3300-484: The city receives 1,853 hours of bright sunshine annually. The monsoon reaches its peak intensity in the summer months, when the city also experiences very humid and hot conditions. Despite this, extreme heat is rare, there are only 2.4 days of 35 °C (95 °F)+ temperatures. The region is prone to torrential rain as well, with 9.7 days that have 50 mm (1.97 in) or more of rain, and 2.2 days of at least 100 mm (3.94 in). The latter portion of autumn

3375-572: The city would establish six districts: Luohu , Nantou, Songgang, Longhua , Longgang and Kuiyong. On 31 January 1979, the Central Committee of the Communist Party approved a plan to establish the Shekou Industrial Zone in Shenzhen with the purpose "to lead domestic, overseas, and diversified operations, industrial and commercial integration, and trading" based on the systems of that of Hong Kong and Macau . The Shekou Industrial Zone project

3450-624: The city's economy and population boomed and has since emerged as a hub for technology, international trade, and finance. Shenzhen is the home to the Shenzhen Stock Exchange , one of the largest stock exchanges in the world by market capitalization and the Guangdong Free-Trade Zone . Shenzhen is ranked as an Alpha- ( global first-tier ) city by the Globalization and World Cities Research Network . Its nominal GDP has surpassed those of its neighboring cities of Guangzhou and Hong Kong and

3525-619: The city's establishment as a SEZ, a number of foreign banks had established offices in the city, including Citibank , HSBC , Standard Chartered , and Bank of East Asia . In total, the financial industry accounts for 14.5% of the city's nominal GDP in 2015 (254.282 billion RMB), which was a 15.9% increase over the previous year. By the end of 2016, the total assets of the financial industry amounted to 12.7 trillion RMB (banking industry assets were 7.85 trillion RMB, security companies assets were 1.25 trillion RMB, and insurance industry assets were 3.6 trillion RMB), making Shenzhen's financial industry

3600-440: The city, the Shenzhen government erected a border known as the second line ( Chinese : 二线关 ), which consisted of barbed wire and checkpoints between the city and the rest of China. Initially, the border control was relatively strict, requiring non-Shenzhen citizens to obtain special permissions for entering. Over the years, border controls have gradually weakened, and permission requirement has been abandoned. In January 1990,

3675-496: The city, the Shenzhen government erected barbed wire and checkpoints between the land borders of the main sections of the SEZ and the SEZ outskirts, as well as the rest of China, in 1983, which was known as the second line border. Much of Shenzhen's urban development in the 1980s focused in the area around the old border crossing and the market town. According to academic Richard Hu, whose research focuses on urbanization , in official discourses on urbanization in China , Shenzhen

3750-404: The county was ceded to the British. In response to the Wuchang Uprising in 1911, Xin'an residents rebelled against the local Qing administration and successfully overthrew them. In the same year the Chinese section of the Kowloon–Canton Railway (KCR) was opened to the public. The last stop on the Chinese side was Shenzhen railway station , helping the town's economy and opened Shenzhen up to

3825-410: The economic output of Shenzhen the third largest out of Chinese cities, trailing behind Shanghai and Beijing . In addition, Shenzhen's GDP growth between 2016 and 2017 of 8.8% surpassed that of Hong Kong and Singapore , with 3.7% and 2.5% respectively. With a market capitalization of US$ 2.5 trillion as of 30 November 2018, the Shenzhen Stock Exchange (SZSE) is the 8th largest exchange in

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3900-456: The existing unused border structures have been demolished and are being transformed into urban greenspaces and parks. On 15 January 2018, the State Council approved the removal of the barbed wire fence set up to mark the boundary of the SEZ. In early 2011, the provincial government of Guangdong approved the establishment of the Shenzhen-Shantou Special Cooperation Zone in the city and SEZ of Shantou , Guangdong that will last until 2040 with

3975-415: The fifth-highest number of billionaires of any city in the world. Shenzhen's nominal GDP is projected to be among the world top 10 largest cities in 2035 (together with Beijing , Shanghai and Guangzhou in China) according to a study by Oxford Economics and its nominal GDP per capita will reach above US$ 57,000 (ranking first in mainland China) in 2030, which is comparable to Tokyo and Seoul. Shenzhen

4050-3810: The following matrix: [REDACTED] London [REDACTED] New York [REDACTED] Washington, D.C. [REDACTED] Paris [REDACTED] Los Angeles [REDACTED] Tokyo [REDACTED] Zurich [REDACTED] Amsterdam [REDACTED] Dublin * [REDACTED] Frankfurt [REDACTED] Singapore * [REDACTED] Seoul [REDACTED] Kuala Lumpur [REDACTED] Brussels [REDACTED] Dubai [REDACTED] Abu Dhabi [REDACTED] Casablanca * [REDACTED] Mauritius [REDACTED] Hong Kong [REDACTED] Luxembourg [REDACTED] Beijing * [REDACTED] Istanbul * [REDACTED] Shanghai * [REDACTED] Boston [REDACTED] Chicago * [REDACTED] Busan [REDACTED] Edinburgh [REDACTED] Berlin [REDACTED] Rome [REDACTED] Milan [REDACTED] Geneva [REDACTED] Montreal [REDACTED] Toronto [REDACTED] Munich [REDACTED] Sydney [REDACTED] Osaka [REDACTED] Hamburg [REDACTED] Melbourne [REDACTED] Miami [REDACTED] Vancouver [REDACTED] Stuttgart [REDACTED] Bangkok [REDACTED] Vienna * [REDACTED] Madrid * [REDACTED] Stockholm [REDACTED] San Francisco * [REDACTED] Athens [REDACTED] Copenhagen * [REDACTED] Mumbai * [REDACTED] GIFT City-Gujarat * [REDACTED] Riyadh * [REDACTED] Bermuda * [REDACTED] Qingdao [REDACTED] Shenzhen [REDACTED] Tel Aviv [REDACTED] Astana [REDACTED] Jersey [REDACTED] Moscow [REDACTED] Mexico City [REDACTED] Panama * [REDACTED] Bahamas [REDACTED] Nairobi [REDACTED] Bahrain [REDACTED] Jakarta [REDACTED] Doha [REDACTED] Lagos [REDACTED] New Delhi [REDACTED] Johannesburg [REDACTED] Cape Town [REDACTED] Guangzhou * [REDACTED] São Paulo [REDACTED] Kigali * [REDACTED] British Virgin Islands [REDACTED] Cayman Islands [REDACTED] Taipei * [REDACTED] Liechtenstein * [REDACTED] Oslo * [REDACTED] San Diego [REDACTED] Glasgow [REDACTED] Calgary * [REDACTED] Minneapolis/St Paul [REDACTED] Wellington [REDACTED] Santiago [REDACTED] Lisbon [REDACTED] Warsaw [REDACTED] Prague [REDACTED] Atlanta * [REDACTED] Helsinki * [REDACTED] Rio de Janeiro * [REDACTED] Tallinn * [REDACTED] Malta [REDACTED] Ho Chi Minh City * [REDACTED] Chengdu [REDACTED] Lugano [REDACTED] Xi'an * [REDACTED] Hangzhou * [REDACTED] Wuhan * [REDACTED] Tianjin * [REDACTED] Reykjavík [REDACTED] Monaco [REDACTED] Nanjing [REDACTED] Gibraltar [REDACTED] Dalian [REDACTED] Baku [REDACTED] Manila * [REDACTED] Buenos Aires [REDACTED] Sofia [REDACTED] Riga [REDACTED] Cyprus [REDACTED] Saint Petersburg [REDACTED] Budapest [REDACTED] Tehran [REDACTED] Bogotá * [REDACTED] Guernsey * [REDACTED] Bratislava [REDACTED] Vilnius [REDACTED] Almaty [REDACTED] Trinidad and Tobago [REDACTED] Barbados [REDACTED] Isle of Man * [REDACTED] Kuwait City An asterisk (*) denotes centres that have moved between categories between GFCI 35 and GFCI 36. This

4125-482: The influence of the South China Sea , and frost is very rare; it begins dry but becomes progressively more humid and overcast. However, fog is most frequent in winter and spring, with 106 days per year reporting some fog. Early spring is the cloudiest time of year, and rainfall begins to dramatically increase in April; the rainy season lasts until late September to early October. With monthly percent possible sunshine ranging from 27 percent in March to 53 percent in October,

4200-410: The purpose of economic development. The zone would be managed by Shenzhen and another Cantonese city, Shanwei . The zone is under the jurisdiction of Shenzhen instead of Shantou, with residents living there considered to be permanent residents of Shenzhen. The Shenzhen government later established two new districts on 27 October 2011, Longhua New District and Dapeng New District . With approval of

4275-521: The same figure was 16,000 in 1991. Around the same time, Shenzhen hosted the second Senior Officials' Meeting of APEC China 2001 on 26 May 2001 in its southern manufacturing center and port. In May 2008, the State Council approved the Shenzhen SEZ to promote Shenzhen's administrative management system, economic system, social field, independent innovation system and mechanism, system and mechanism for opening up and regional cooperation, and resource conservation and environmental friendliness. On 1 July 2010

4350-434: The seat based in Luohu. In October 1981, Bao'an County was re-established, with its region now based outside Shenzhen. In June 1983, the districts were dissolved and re-established instead as five management areas ( 管理区 ): Shekou ( 蛇口 ; south-west Shenzhen), Nantou ( 南头 ; west Shenzhen), Shangbu ( 上步 ; central Shenzhen), Luohu ( 罗湖 ; east-central Shenzhen), and Shatoujiao ( 沙头角 ; far-east Shenzhen). To enforce law and order in

4425-464: The second line border are referred to as guannei ( 关内 ; 'within the border') while districts that are outside the second line and do not have special economic privileges such as Bao'an and Longgang are referred to as guanwai ( 关外 ; 'outside the border'). The Shenzhen government later established two new districts as part of the guanwai : Guangming New District in August 2007 and Pingshan New District in June 2009. On 1 July 2010,

4500-459: The second line border was dissolved, and the Shenzhen SEZ was expanded to cover the entire city. Therefore, the four guanwai districts Bao'an District, Longgang District, Guangming New District, and Pingshan New District, would be given special economic privileges like the guannei districts. The area of the Shenzhen SEZ also increased from 396 square kilometres (153 sq mi) to 1,953 square kilometres (754 sq mi). Since June 2015,

4575-410: The second line border. At this point, Shenzhen has five districts: Luohu, Futian, Nanshan, Bao'an, and Longgang. In March 1998, Shenzhen's government created the Yantian District from the eastern portions of the Luohu District (the original area of the Shatoujiao Management District), and within the second line border. Yantian, Luohu, Futian, and Nanshan together as the special economic districts within

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4650-437: The south, Dongguan to the north, Huizhou to the northeast, and Macau to the southwest. With a population of 17.5 million in 2020, Shenzhen is the third most populous city by urban population in China after Shanghai and Beijing . The Port of Shenzhen is the world's fourth busiest container port . Shenzhen roughly follows the administrative boundaries of Bao'an County , which was established in imperial times. After

4725-411: The strike committee to create a blockade around Hong Kong. In 1931 Chen Jitang and his family established several casinos in Shenzhen, the largest of which being Shumchun Casino. During World War II , the Japanese occupied Shenzhen and Nantou , forcing the Bao'an County government to relocate to the neighboring Dongguan County. In 1941, the Japanese army tried to cross into Hong Kong through

4800-438: The team at the ABA Club Championship , and was named the MVP of the tournament. On December 26, 2013, Bobby Brown scored a franchise-record 74 points in a game against Sichuan Blue Whales . In 2024, the club moved to Shenzhen Gymnasium. Note: Flags indicate national team eligibility at FIBA -sanctioned events. Players may hold other non-FIBA nationalities not displayed. - Set a club record or won an individual award as

4875-439: The third largest in China. Shenzhen is one of the world's top ten financial centers as of 2019, jumping five places to ninth place as determined by "variety of areas of competitiveness, including business environment, human capital, infrastructure, financial sector development and reputation." SF Express and China International Marine Containers (CIMC) have their headquarters in Shenzhen. The Port of Shenzhen comprises

4950-424: The third-most in China after (Beijing and Shanghai) within its city limits. Shenzhen's industry is described by its Municipal Bureau of Statistics to be upheld by its four-pillar industries: high tech , finance , logistics , and culture . Shenzhen is a large hub of the Chinese and global technology industry and home to a large startup ecosystem. As of 2020 the city was ranked as the 4th Fintech powerhouse in

5025-424: The world. In the 2021 Global Financial Centres Index , Shenzhen was ranked as having the 8th most competitive and largest financial center in the world and 6th in Asia & Oceania region (after Shanghai, Hong Kong, Singapore, Beijing, and Tokyo). As of 2020, Shenzhen is ranked as an Alpha- ( global first-tier ) city by the Globalization and World Cities Research Network . According to Forbes , Shenzhen has

5100-403: The world. In 1913, the Republic of China administration renamed Xin'an County back to Bao'an County to prevent confusion from another county of the same name in Henan Province. During the Canton–Hong Kong strike , the All-China Federation of Trade Unions set up a reception station for strike workers in Hong Kong in Shenzhen. Strike workers were also given pickets and armored vehicles by

5175-525: The world. Shenzhen is primarily known for its high-tech industry, which has a value of 585.491 billion RMB (US$ 82.9 billion) in 2015, a 13 percent increase compared to last year. Out of the nominal GDP of 1,750.299 billion RMB in 2015 the high-tech industry generated 33.4 percent. Shenzhen is home to a number of prominent tech firms, such as Huawei , Tencent , DJI , and ZTE . Other tech firms include personal computer manufacturer Hasee , Hytera , OnePlus , and BYD Company . Shenzhen annually holds

5250-425: Was 4,472,200, the actual administrative population was over 20 million. It makes up part of the Pearl River Delta built-up area with 44,738,513 inhabitants, spread over 9 municipalities (including Macau ). The city is elongated measuring 81.4 kilometers from east to west while the shortest section from north to south is 10.8 kilometers. Over 160 rivers or channels flow through Shenzhen. There are 24 reservoirs within

5325-425: Was incorporated into Dongguan in 1669. After the Qing dynasty was defeated by the United Kingdom of Great Britain and Ireland in the First Opium War and the Second Opium Wars , Hong Kong Island and the Kowloon Peninsula were ceded to the British in the Treaty of Nanking and the Convention of Peking . On 21 April 1898 the Qing government signed a "Special Article for the Exhibition of Hong Kong's Borders" with

5400-499: Was led by Hong Kong-based China Merchants Group under Yuan Geng 's leadership and was to become the first export processing industrial zone in mainland China. At the beginning of April 1979, the Standing Committee of Guangdong Province discussed and proposed to the Central Committee to set up a "trade cooperation zone" in Shenzhen, Zhuhai , and Shantou . In the same month, the Central Working Conference decided on

5475-434: Was named after a deep ( Chinese : 深 ; lit. 'deep') drain that was located within the area." The oldest evidence of humans in the area on which Shenzhen was established dates back during the mid- Neolithic period. Human have inhabited the area throughout the past 6,700 years. Historic counties were first established in the area 1,700 years ago. The historic towns of Nantou and Dapeng , were built on

5550-467: Was reformed as a Special Export Zone to create a favorable investment environment and introduce advanced technology and management experience, later renamed to Special Economic Zone in May 1980. As of 2022, Shenzhen has a nominal GDP of 3.24 trillion RMB (HK$ 2.87 trillion), which surpassed neighboring Hong Kong 's GDP of HK$ 2.11 trillion and Guangzhou 's GDP of 2.88 trillion RMB (HK$ 2.68 trillion), making

5625-583: Was the last stop on the mainland Chinese section of the Kowloon–Canton Railway . The city is a leading global technology hub. In the media Shenzhen is sometimes called China's Silicon Valley . The city's entrepreneurial, innovative, and competitive-based culture has resulted in the city being home to numerous small manufacturers and software companies. Several of these firms have become large technology corporations, such as Huawei , Tencent , and DJI . As an important international city, Shenzhen hosts numerous national and international events every year, such as

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