Shenzhen

Shenzhen is a major city in the southern part of Guangdong Province. It is located along the eastern shore of the Pearl River Delta and acts as a link to Hong Kong in the south. Since Shenzhen was designated its status as a Special Economic Zone (SEZ) in 1979, the first of its kind in China, it has rapidly transformed from a small market town into a metropolitan area with over ten million people. On the back of a manufacturing boom Shenzhen had one of the fastest-growing populations during the 1990s to 2000s and allied with the establishment of the SEZ quickly became one of China’s wealthiest cities and a financial center of Southern China. The city holds sub-provincial administrative status, which is less than the provincial powers held by cities such as Shanghai and Beijing. However, it still has administrative jurisdiction over eight districts, including: Futian, Luohu, and Nanshan districts.

By being on the border of Hong Kong and China, Shenzhen plays an important role in transporting people across the two regions. The Shenzhen Bao’an International Airport is one of three airports that serves the urbanized region of the Pearl River Delta and was the first airport in China to integrate a multimodal transport system that includes a ferry service, rail/metro lines and aviation routes. It also provides a border transit service for those looking to travel to-and-from Hong Kong. Currently the Shenzhen Metro system, which opened in 2004, has 8 lines - 3 of which opened in 2016 – in operation.

References: JLL Shenzhen Property Market Review 2016 and Vision 2017

EXPLORE DISTRICTS IN Shenzhen