As the core engine of the Guangdong-Hong Kong-Macao Greater Bay Area, Shenzhen has risen from mudflats to a global innovation hub. Rooted in industry, led by strategic emerging industries, it leads in new tracks like low-altitude economy and AI, boasting a superior business environment and strong economic resilience.
At the heart of the Guangdong-Hong Kong-Macao Greater Bay Area, a city embraced by mountains and seas is writing an economic legend at an astonishing pace—this is Shenzhen. More than 40 years ago, the groundbreaking blast in Shekou broke the silence, kicking off China’s reform and opening-up drive and setting this former mudflat on the path of transformation. Today, Shenzhen has evolved from an unknown fishing village into a global first-tier city with a GDP exceeding 3.6 trillion yuan, becoming a benchmark for high-quality economic development in China.
Prioritizing industry and manufacturing is the solid foundation of Shenzhen’s economy. Adhering firmly to the real economy, the city’s total industrial output value of designated-size enterprises exceeded 5.4 trillion yuan in 2024, making it China’s first industrial city with a 5-trillion-yuan-level industrial output. It has maintained the top rank nationwide in both total industrial output value and added value for many years, securing its position as the “No.1 Industrial City” in China. From traditional manufacturing to high-end intelligent production, Shenzhen continuously promotes industrial upgrading. In 2024, investment in technological transformation of manufacturing increased by 25.6% year-on-year, revitalizing traditional advantageous industries such as garments and watches through digital and intelligent transformation, with regional brands like “Shenzhen Women’s Clothing” and “Shenzhen Jewelry” gaining global recognition.
Strategic emerging industries and new-quality productive forces are the core growth engines of Shenzhen’s economy. The city has built a “20+8” industrial cluster system, with the added value of strategic emerging industries exceeding 1.5 trillion yuan in 2024, accounting for an increasing proportion of GDP and serving as a “ballast stone” for economic growth. In the field of artificial intelligence, Shenzhen is home to over 2,200 related enterprises, forming a development pattern led by leading enterprises and supported by echelons of growing companies, with “City + AI” application scenarios spread across all walks of life. In the low-altitude economy track, Shenzhen has more than 1,730 UAV enterprises, holding 70% of the global market share in consumer-grade UAVs. It aims to achieve an output value of over 130 billion yuan by 2026, building itself into the “World’s No.1 Low-Altitude Economy City.”
Innovation is the soul and essence of Shenzhen’s economy. The city’s total social R&D investment accounts for 6.46% of its GDP, ranking second in both total volume and intensity among Chinese cities. Enterprise R&D investment accounts for 93.3%, demonstrating an innovation ecosystem centered on enterprises. The Shenzhen-Hong Kong-Guangzhou science and technology cluster has ranked second globally for five consecutive years. Shenzhen is home to 24,700 national high-tech enterprises and 10,800 specialized, sophisticated, refined, and new enterprises. Companies like Huawei, BYD, and Mindray Medical are global leaders in fields such as 5G, new energy vehicles, and medical devices. With approximately 0.5 invention patents authorized every minute, innovation vitality permeates every corner of urban development.
A superior business environment injects enduring vitality into Shenzhen’s economy. The city has over 4.4 million market entities, leading the nation in both total volume and entrepreneurship density. The entire process of enterprise registration is shortened to 0.5 days, and over 95% of government services are available online. It has attracted more than 310 Fortune 500 invested enterprises, with the number of newly established foreign-invested enterprises increasing by 21.7% year-on-year in 2024. Platforms such as the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone and the Qianhai Cooperation Zone promote Shenzhen-Hong Kong collaboration and international cooperation, making Shenzhen a preferred destination for global investors.
From “processing with supplied materials” to a global innovation hub, from a regional processing base to a benchmark for a modern industrial system, Shenzhen’s economic take-off is not only a vivid epitome of China’s reform and opening-up but also a demonstration to the world of the development power driven by innovation and hard work. Today, Shenzhen is forging ahead toward its goal of becoming a global benchmark city by 2035, focusing on new tracks such as low-altitude economy, AI, and intelligent vehicles, and continuing to write an amazing economic story.
暂无评论内容