Located in the southern Pearl River delta just across the border from Hong Kong’s New Territories, Shenzhen has been one of the fastest growing cities and ports in the world since it opened to the West in the late 1970s. Shenzhen is now a major center for foreign investment and trade. In fact, the bustling city imports more goods than any other city in China. Shenzhen was also recently ranked by the World Bank as having the second best investment climate for foreign firms and the third most effective local government in China. Shenzhen’s is among the top 5 mainland Chinese cities in terms of GDP which totaled to US $ 246 billion in 2014. In addition in 2013, the exports and imports volumes were US $ 537,360 million.
Shenzhen is a major manufacturing base and trade center for high-tech products such as computers, software, and communication equipment. The city also produces electric machinery, metals, medical equipment, pharmaceuticals, food processing, textiles & apparel, chemicals, plastics and transportation equipment. High-tech products by foreign firms operating in Shenzhen account for over half of the city’s gross industrial output value. These include companies like Foxconn which manufacture products for Apple Computers and other Apple Inc. devices like the iPod and iPhone.
U.S. Commercial Service - Guangzhou
43 Hua Jiu Road, Zhujiang New Town
Tianhe District, Guangzhou 510623, China
Tel: (86-20) 3814-5000
Fax: (86-20) 3814-5310