General Development and Business Environment
Development Goal
Shenzhen has been designated as a national piot city for comprehensive reform. I s the national economc center, science and technology center,regional financial center and commercial and logistics center. I is stiving to take the lead in creating a moderately prosperous city,a pioneering demonstration zone of socialism with Chinese characteristics and an exempar ciy of a great modern socialit country.
Administrative Divisions
Shenzhen is a sub-provincial city. It has direct jurisdiction over nine districts and one new area: Futian,Luohu, Yantian, Nanshan, Bao'an, Longgang,Longhua,Pingshan and Guangming districts,and Dapeng New Area. The Central Government expanded the special economic zone to cover the whole city on July 1,2010. Shenshan Special Cooperation Zone was officilly inaugurated on Dec.16,2018.
Economic Status
Shenzhen is a link between the Chinese mainland and Hong Kong and a transport hub for coastal southern China. The city leads the nation in high-tech development, financial servces, foreign trade,shipping,and creative and cultural industries. It has undertaken a mission to pilot China's structural reform and continuous opening up to the world.
Shenzhen ranks fifth in Asia in terms of economic power. In 2019,the city's GDP grew by 6.7 percent to exceed 2.6tilion yuan.Is public finance grew by 3.5 percent to reach 942.42 bilion yuan.Its general public budget grew by 6.5 percent to 377.32bilion yuan. tscitizens'per capita disposable income increased by 8.7 percent.
Business Environment
In 2018, Shenzhen issued "Measures on Strengthening the Reform of the Business Environment," ptting forward twenty measures in six aspects, including trade and investment, industrial development, talent development, administration, environment and law, with the aim of establishing a benchmark with the World Bank's business environment indicator system and creating a stable,fair, transparent and predictable business environment in line with international investment and trade practices.
In order to reduce the costs of enterprises,Shenzhen has issued "Measures to Further Support the Development of Private Economy" and taken measures to ensure a reduction in enterprises costs of more than 100 bilion RMB; increase in bank credit funds of more than 100 bilion RMB; increase in bonds issued by private enterprises of more than 100 billion RMB; and the establishment of a 100-bilion RMB fund for the stable development of private enterprises, as a means to help enterprises tackle "icebergs in marketing, mountains in financing and volcanoes in industrial upgrade."
Addtionally, Shenzhen is doing its utmost to reduce taxes for enterprises. In the 2018 annual settlement, more than 20000 enterprises in Shenzhen enjoyed a tax reduction for R&D expenses,showing a year-on-year increase of 45.12 percent. The tax deduction amounted to 122.38 bilion RMB, with a year-on-year increase of 74.81 percent, reducing the financial burden on enterprises by 33,345bilion RMB.
In terms of trade facilitation, Shenzhen is fully committed to accelerating the construction of a "one-window' serice for international trade.At present, Shenzhen's"one-window" international trade service has launched 20 applications and 73 modules,for such items as cargo declaration,manifests, transportation, licenses, tax payment and customs clearance platforms,and dealt with a total of 46.62 million business declarations. The number of declarations accounted for nearly 14 percent of the nation's total and 58 percent of Guangdong Province's.
The best aspect of Shenzhen's business environment is the long-term pursuit of marketzation,, internationalization rule of law and convenience. Shenzhen always regards enterprises'requirements for the business environment as its direction for continuous reform and optimization.
Transportation
Shenzhen has land,sea, air and rail ports.There are a total of 156 berths around the wharfs in Nanshan and Yantian.The city has eight railway stations including Shenzhen Railway Station, Shenzhen North Railway Station and Shenzhen East Railway Station.The Guangzhou-Shenzhen-Hong Kong Express Rail Link, an important ail link in the country,runs across Shenzhen. The Shenzhen Bao'an International Airport is a regional pivot airport and one of the 10 largest arports in China.As one of the top 100 airports in the world, the Bao'an airport has so far launched 60internationalflights and four fights to Hong Kong,Macao and Taiwan.
Shenzhen has 15 checkpoints that alow the fow of both Chinese and foreign nationas.Luohu Checkpoint is China's busiest land passenger checkpoint, while Huanggang Checkpont offrs around-the-clock service. Futan Checkpoint offers seamlesstransfer by Metro to Hong Kong,and Shenzhen Bay Checkpont offers both Hong Kong and Shenzhen immigration inspection services.
The aiport has opened new fights to 15 international destinations including London and Paris.The number of international tourists has increased by 34 percent, while the number of international cruise passengers has increased by 93 percent.
Inovation-driven and Open Development
City of Makers
Shenzhen is a city born to innovate. The first stock in China was issued in Shenzhen, and the first land auction in the country was held in Shenzhen as well. Since the city became a special economic zone, it has played a role as an innovator to spread new ideas and a pioneer to explore the path of reform and opening up in China. By issuing local rules of a national innovation demonstration zone and rolling out 10 projects to bolster innovation, Shenzhen has become a front-runner in promoting innovation-driven development as China's economy steps into the new normal. Shenzhen is now widely known as a"City of Makers"and a "City of Inovation."
Innovation-driven Development
Shenzhen aims to beef up the new economy.The city has roled out plans to speed up the high-quality development of high-tech industries and the development of strategic emerging industries. It has set up a 5-bilion-yuan fund to guide angel investments and invested more than 100 bilion yuan in R&D.The total number of State-level high-tech enterprises is expected to surpass 14,000, with an addition of over 3,000 such companies in 2018.The added value of strategic emerging industries grew by 9.1 percent. Shenzhen has been approved to build a demonstration zone for marine economic development.
Shenzhen stives to boost its independent inovation capabliy. The city has formulated plans to strengthen basic research and tackle key technical problems of 10 key components, such as chips and medical devices. It has launched major scientific and technological infrastructures,such as synthetic biology research, brain analysis and simulation, and initiated the construction of a State-level key laboratory of oncology chemical genomics.I has set up 10 new basic research istitutes and added 189 new inovation platforms. The city won 16 national science and technology awards and four national patent gold awards in 2018.Patent licensing has increased by 48.8 percent. The contribution of scientific and technological progress to economic growth has been further enhanced.
Shenzhen continuously optimizes its innovation environment. The China (Shenzhen) Inellectual Property Protection Center was offilly opened in 2018.The city has roled out a slew of talent policies and established a State-level human resources service industry park. Throughout the year,285,000 professional talents,12 ful-time academicians and 2,678 high-level talents were introduced,up 8.4 percent, 41 percent and 59 percent, respectively.
International Exchanges
lIn
2018,Shenzhen received 396 important foreign delegations totaling 3,689 guests, including German Chancellor Angela Merkel. French Prime Minister Edouard Philippe, Tanzanian Prime Minister Kassim Maialiwa Speaker of the House of Representatives of Japan Tadamori Oshima, Prime Minister of Trinidad and Tobago Keith Rowey and Vanuatu Prime Minister Charlot Salwai. Shenzhen has successfuly fulflled the reception work in the aforementioned major foreign affars events, actively publicized the development and achievements of China's reform and opening up and vigorously cooperated with the country's overall diplomacy.
International Friendship Cities
Shenzhen has established friendship ciy relations or conducted friendly exchanges with 88ctes and regions in 56 countries and regions around the world, including Houston of the United States,Sao Paulo of Brazil Nuremberg of Germany,Vienne of France,Tsukuba of Japan,Phnom Penh of Cambodia, Brisbane of Australia and Lome ofTogo.
Shenzhen has constantly promoted pragmatic cooperation with international friendship cities in the fields of economy and trade,culture,science and technology,and vocational education. It has caried out civil diplomacy, urban diplomacy and public diplomacy in an all-round, multi-level and wide-ranging way,introduced high-end resources needed for urban development and continuously pushed its international exchanges to the next level.
Ecological Construction, Social Livelihood and Humanity
Ecological Civilization
With a continuously expanding economy and fast evolving science and technologies,Shenzhen is upgrading its industries to promote an environment-friendly ifestyle and low-carbon growth. The quality, optimaly structural and low-energy consuming development mode has become the city's new normal.
Forests cover 40.21 percent of the city's total land.The average annual concentration of PM2.5 in the ciy s 24 micrograms per cubic meter,making Shenzhen one of the 10 best ctesin the country in terms of ar quality. The Neilingding Island-Futian National Nature Reserve is the only nature reserve within a city in China.
A number of high-quality parks have been built such as Shenzhen Talent Park, Xiangmi Park and the coastal leisure belt of Shenzhen Bay.A total of 69 parks were bult and renovated and 184 flower-dotted blocks and gardens were built on the streets. Shenzhen has also witnessed new achievements in the construction of a world-famous flower city and the cleanest city in the country.It has won the title of National Forest City.
Social Livelihood
Shenzhen has made great efforts to safeguard people's livelihood. Expenditures on improving people's livelihood reached 300blion yuan, accounting for 74 percent of the general public budget expenditure.The government has accomplished 12,000 projects concerning people's livelihood. A total of 109,00 new jobs were created in 2018,and the urban registered unemployment rate was less than 2.5 percent.
The development of education has been accelerated. Shenzhen has also taken the lead regarding the monioring resultsof national compulsory education qualityin the province.Four universities,including Shenzhen University and Southern University of Science and Technology, were selected as part of a new round of provincial high-level universities and discipline construction plan.
Shenzhen has expedited the development of medical and health services.By the end of 2019,there were 4,513 health and medical institutions acros the city and 3,919 new beds were added. Five hospitals were selected into the construction plan of provincial high-level hospitals and four 3A-rated and Grade-3 hospitals were added.Twenty high-level medical teams have been introduced and 49 community healt insttutions have been opened. In adition,72 percent of the city's targeted groups have signed up for family doctor services. Shenzhen has also launched a number of projects for mothers,babies and children.An institute has been set up to offer health care and nursing education for serving the aged.Shenzhen Nursing Home was opened with an aditional 1,000 beds.
Culture and Art
Shenzhen adheres to the strategy of building a city of culure, promotes the coordinated development of spiritual and material cvilization, and speeds up the construction of a modern public cultural and sports service system. It was honored with the title of Global Model City for the Promotion of Nationwide Reading by UNESCO. There are 674 public libraries across the city, with a total collection of 47.459 milin books and periodicals, 52 museums and memorial halls,11 art galleries,one radio station, two television stations and three radio centers.
Shenzhen has set its sights on promoting cultural inovation and the development of cultural industries. The city has been crowned National Civilized City for five consecutive years.The city also hosted a series of events, such as China (Shenzhen) International Cultural Industries Fair, the National Book Expo, China Design Exhibition, Shenzhen International Marathon, Shenzhen (International) Science Film Week, Shenzhen Fashion Week,Bi- City Biennale of Urbanism\Architecture. At present, the city has nearly 50,000 cultural enterprises with over 900,000 employees, including more than 3,100 enterprises of a designated scale and over 40 listed enterprises from home and abroad. The added value of the cultural industry accounts for more than10 percent of the city's GDP. The cultural industry has become an important engine for Shenzhen to accelerate the transformation of its economic development pattern and promote rapid and healthy social and economic development.
Tourism and Leisure
One of the most important and profitable tourist cities in China,Shenzhen, whose annual foreign exchange income of tourism reaches 5.003 billion yuan, is regarded as the capital of Chinese theme parks and tourism innovation. There are more than 100 scenic spots around the city, including man-made theme parks, natural ecological parks,coastal resorts,shopping plazas and historic sites. With sea,land and air checkpoints, Shenzhen has a safe,quick and convenient tourist transport network. Eating, living, traveling, shopping and recreating in Shenzhen are made easy and fun with ample tourism infrastructure and products and food from around the world. Shenzhen is a coastal cosmopolitan tourist city. Visitors can travel freely and quickly within a one-hour drive and appreciate the modern young city's beauty and ethos. The city annually receives 12.16 milion overnight visitors and 242 million people who enter and leave through the checkpoints.
Shenzhen has a large number of coastal scenic spots,including Shenzhen Bay, Mangrove Nature Reserve and a 15-kilometer coastal leisure corridor in the west, with Zhongying Street, Dameisha and Xiaomeisha beaches, Ocean World and Dapeng Peninsula in the east. The coastline along Dapeng Peninsula was named one of the eight most beautiful coasts in China by Chinese National Geography magazine. Shenzhen has more than 20
"cultural lounge of Shenzhen"and the Shekou International Cruise Homeport has become a new tourist attration.