The city is home to some of the world’s leading and most innovative technology companies, many of them firms that people in the West probably haven’t heard of. Let’s just look at some of the headline acts. Shenzhen has one of the world’s biggest internet companies (Tencent recently surpassed Facebook in market value), the world’s biggest maker of d...
“Expect to go to factories to get your hands dirty. Talk with the engineers and the workers. Also, expect that things will go wrong. Manufacturing is hard. But if you approach it from the perspective of a partnership, that you're working together as a team with the factory, you can get really high results. You're going to need to put in the hours.”...
The transformation Shenzhen has undergone is unique – truly unique – in history. Our remarkable story starts in a backwater area, populated by subsistence fishermen and rice farmers, on the border of Hong Kong, then still a British colony, by the Pearl River Delta in south China. Its population was poor and uneducated. It’s a slight exaggeration ...
The growth that followed after Shenzhen became China’s first economic experiment – a place where foreign and domestic trade could take place without the explicit authorization of China's central government – is matchless in history. In the early 1980s, manufacturing enterprises started to emerge in Luohu, Futian and Shekou – areas that make up pres...
During his legendary Southern Tour in 1992, Deng – the chain-smoking, five-foot titan of China’s economic reform – famously proclaimed: “Let some people get rich first.” Since then, Shenzhen has been flooded with thousands of foreign investors and millions of domestic workers hoping to improve their lot. Tax incentives and freedom to trade without ...
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