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== Industry == [[File:Electronics factory in Shenzhen.jpg|thumb|right|One of the production floors in Foxconn factory at Shenzhen]] [[File:Huawei_1.JPG|thumb|right|The global headquarters of [[Huawei]] is located within Shenzhen]] [[File:Tencent Seafront Tower in Dec2020.jpg|thumb|upright|right|[[Tencent Binhai Mansion]] in the [[Nanshan District, Shenzhen|Nanshan District]], headquarters of [[Tencent]]]] Shenzhen's industry is described by its Municipal Bureau of Statistics to be upheld by its four-pillar industries: [[high tech]], [[finance]], [[logistics]], and [[Cultural industry|culture]].<ref name="2015统计公报2">{{cite web|url=http://www.sztj.gov.cn/xxgk/tjsj/tjgb/201604/t20160426_3606261.htm|script-title=zh:2015年深圳国民经济和社会发展统计公报 |publisher=Shenzhen Bureau of Statistics |archive-url=https://web.archive.org/web/20170728171758/http://www.sztj.gov.cn/xxgk/tjsj/tjgb/201604/t20160426_3606261.htm|archive-date=2017-07-28|url-status=dead|access-date=2017-08-03}}</ref> === High Tech === Shenzhen is a large hub of the Chinese and global technology industry and home to a large startup ecosystem. As of 2020 the city was ranked as the 4th [[Fintech]] powerhouse in the world.<ref>{{Cite web|date=March 2021|title=Global Financial Centres Index 29|url=https://www.longfinance.net/media/documents/GFCI_29_Full_Report_2021.03.17_v1.2.pdf|access-date=2021-10-05|publisher=Z/Yen Group|page=3|archive-date=18 July 2024|archive-url=https://web.archive.org/web/20240718204719/https://www.longfinance.net/media/documents/GFCI_29_Full_Report_2021.03.17_v1.2.pdf|url-status=live}}</ref> Shenzhen is primarily known for its high-tech industry, which has a value of 585.491 billion RMB (US$82.9 billion) in 2015, a 13 percent increase compared to last year.<ref name="2015统计公报2"/> Out of the nominal GDP of 1,750.299 billion RMB in 2015 the high-tech industry generated 33.4 percent. Shenzhen is home to a number of prominent tech firms, such as [[Huawei]],<ref>{{cite web|url=https://www.cnn.com/interactive/2019/05/business/huawei-cnnphotos/index.html |title=A rare look insider Huawei, China's tech giant |date=21 May 2019 |publisher=CNN |archive-url=https://web.archive.org/web/20190522223303/https://www.cnn.com/interactive/2019/05/business/huawei-cnnphotos/index.html|archive-date=22 May 2019|url-status=live|access-date=22 May 2019}}</ref> [[Tencent]],<ref>{{Cite web |url=https://www.mingtiandi.com/real-estate/crelist/tencent-shenzhen-headquarters/ |title=Tencent Shows Off High Tech Shenzhen Headquarters |date=2019-01-23 |publisher=Mingtiandi |language=en-US |access-date=2019-08-09 |archive-date=3 May 2019 |archive-url=https://web.archive.org/web/20190503013206/https://www.mingtiandi.com/real-estate/crelist/tencent-shenzhen-headquarters/ |url-status=live }}</ref> [[DJI]],<ref>{{Cite web |url=https://technode.com/2018/01/03/worlds-top-drone-seller-dji-made-2-7-billion-2017/ |title=World's top drone seller DJI made $2.7 billion in 2017 |date=2018-01-03 |publisher=TechNode |language=en-US |access-date=2019-08-09 |archive-date=29 March 2019 |archive-url=https://web.archive.org/web/20190329100146/https://technode.com/2018/01/03/worlds-top-drone-seller-dji-made-2-7-billion-2017/ |url-status=live }}</ref> and [[ZTE]].<ref>{{Cite web |url=https://www.scmp.com/tech/article/2154559/ztes-new-management-looks-forward-new-era-and-sets-compliance-priority-number |title=ZTE's new management vows to uphold compliance as a top priority |date=2018-07-10 |publisher=South China Morning Post |language=en |access-date=2019-08-09 |archive-date=13 July 2018 |archive-url=https://web.archive.org/web/20180713212601/https://www.scmp.com/tech/article/2154559/ztes-new-management-looks-forward-new-era-and-sets-compliance-priority-number |url-status=live }}</ref><ref>{{cite web|title=Inside Shenzhen: China's Silicon Valley |url=https://www.theguardian.com/cities/2014/jun/13/inside-shenzen-china-silicon-valley-tech-nirvana-pearl-river |url-status=live |archive-url=https://web.archive.org/web/20150430230356/http://www.theguardian.com/cities/2014/jun/13/inside-shenzen-china-silicon-valley-tech-nirvana-pearl-river |archive-date=30 April 2015 |access-date=25 May 2015 |work=The Guardian |date=13 June 2014}}</ref> Other tech firms include personal computer manufacturer [[Hasee]],<ref name="NYT">{{cite news|last=Barboza |first=David |date=2008-08-01 |title=In China, Low-End Industries Give Way to High-Tech |page=2 |work=The New York Times |url=https://www.nytimes.com/2008/08/01/business/worldbusiness/01factory.html |access-date=2008-07-31}}</ref> [[Hytera]],<ref>{{Cite web|title=Hytera – Innovate for a safer world|url=https://www.hytera.com/2020/en/category/196/196|access-date=2021-07-23|publisher=hytera.com|archive-date=23 July 2021|archive-url=https://web.archive.org/web/20210723201132/https://www.hytera.com/2020/en/category/196/196|url-status=live}}</ref> and [[OnePlus]].<ref>{{Cite web |title=Privacy Policy |url=https://www.oneplus.com/global/legal/privacy-policy |url-status=live |archive-url=https://web.archive.org/web/20190526122902/https://www.oneplus.com/global/legal/privacy-policy |archive-date=26 May 2019 |access-date=2019-10-10 |publisher=OnePlus}}</ref> Shenzhen annually holds the China International High-tech Achievements Fair, which showcases high-tech products and provides for dialogue and investment for high-tech.<ref>{{cite news|url=http://www.chtf.com/liaojiegaojiaohui/zynr/ |script-title=zh:高交会简介|script-website=zh:中国国际高新技术成果交易会|access-date=2012-10-22|archive-url=https://web.archive.org/web/20150607165600/http://www.chtf.com/liaojiegaojiaohui/zynr/|archive-date=2015-06-07|url-status=live}}</ref> As a result, Shenzhen is dubbed by media outlets as "China's [[Silicon Valley]]"<ref name="Kremkau-2017">Compare: {{cite news|date=11 July 2017|title=The next Silicon Valley? It could be here|work=Das Netz|url=http://dasnetz.online/en/the-next-silicon-valley-it-could-be-here/|url-status=live|access-date=26 July 2018|archive-url=https://web.archive.org/web/20180614194725/http://dasnetz.online/en/the-next-silicon-valley-it-could-be-here/|archive-date=14 June 2018}}</ref><ref name=":1">Compare: {{cite news|title=Shenzhen is a hothouse of innovation|language=en|newspaper=The Economist|url=https://www.economist.com/special-report/2017/04/08/shenzhen-is-a-hothouse-of-innovation |url-status=live |access-date=26 July 2018|archive-url=https://web.archive.org/web/20180615004356/https://www.economist.com/special-report/2017/04/08/shenzhen-is-a-hothouse-of-innovation|archive-date=15 June 2018|quote=Welcome to Silicon Delta}}</ref><ref>{{Cite web |url=https://www.cnn.com/2018/11/22/tech/china-tech-innovation-shenzhen/index.html |title=Inside China's Silicon Valley: From copycats to innovation |first=Matt |last=Rivers |publisher=CNN |date=23 November 2018 |access-date=2019-08-09 |archive-date=23 November 2018 |archive-url=https://web.archive.org/web/20181123070949/https://www.cnn.com/2018/11/22/tech/china-tech-innovation-shenzhen/index.html |url-status=live }}</ref><ref name=":0">{{Cite news| url=https://www.theguardian.com/cities/2014/jun/13/inside-shenzen-china-silicon-valley-tech-nirvana-pearl-river| title=Inside Shenzhen: China's Silicon Valley| last=Whitwell| first=Tom| date=2014-06-13| work=The Guardian| access-date=2019-08-09| language=en-GB| issn=0261-3077| archive-date=30 April 2015| archive-url=https://web.archive.org/web/20150430230356/http://www.theguardian.com/cities/2014/jun/13/inside-shenzen-china-silicon-valley-tech-nirvana-pearl-river| url-status=live}}</ref> or the "Silicon Valley of Hardware" for the world.<ref>{{Cite magazine| url=https://www.wired.co.uk/article/shenzhen-silicon-valley-of-hardware-wired-documentary| title=Inside Shenzhen: The Silicon Valley of hardware| last=Reynolds| first=Matt| date=2016-06-07| magazine=Wired UK| access-date=2019-08-19| issn=1357-0978| archive-date=12 November 2019| archive-url=https://web.archive.org/web/20191112075658/https://www.wired.co.uk/article/shenzhen-silicon-valley-of-hardware-wired-documentary| url-status=live}}</ref><ref>{{Cite web| url=https://www.huffingtonpost.com/2014/11/06/shenzhen-silicon-valley-hardware_n_6109150.html| title=This Chinese City Is Becoming The Silicon Valley Of Hardware| date=2014-11-06| publisher=HuffPost Canada| language=en| access-date=2019-08-20| archive-date=17 March 2018| archive-url=https://web.archive.org/web/20180317194438/https://www.huffingtonpost.com/2014/11/06/shenzhen-silicon-valley-hardware_n_6109150.html| url-status=live}}</ref> Shenzhen hosts [[BYD Company]]<ref>{{Cite web |last=Cheng |first=Evelyn |date=2021-03-01 |title=Warren Buffett owns more of a Chinese electric car company than General Motors |url=https://www.cnbc.com/2021/03/01/buffett-owns-more-of-chinese-electric-car-maker-byd-than-general-motors.html |access-date=2021-07-23 |publisher=CNBC |language=en}}</ref> and has become a leading manufacturer of automobiles; it produced 2.9 million automobiles in 2024, overtaking Guangzhou to become the largest car manufacturing city in China.<ref>{{Cite news |last=Lew |first=Linda |date=9 April 2025 |title=China’s EV Boom Masks Economic Pain for Major Auto Hubs |url=https://www.bloomberg.com/news/articles/2025-04-08/china-s-ev-boom-masks-economic-pain-for-major-auto-hubs |access-date=17 April 2025 |work=[[Bloomberg News]]}}</ref> === Financial services === Shenzhen is home to a number of large financial institutions, such as [[China Merchants Bank]]<ref>{{Cite web|url=http://file.cmbimg.com/cmbir/201904/476b7790-2259-4f08-a457-f1437d92620b.pdf|title=Annual Report 2018|date=2019-03-22|publisher=China Merchants Bank Company Limited|access-date=2019-08-09|archive-date=2 June 2019|archive-url=https://web.archive.org/web/20190602022420/http://file.cmbimg.com/cmbir/201904/476b7790-2259-4f08-a457-f1437d92620b.pdf|url-status=live}}</ref> and [[Ping An Insurance]]<ref>{{Cite press release|url=https://www.prnewswire.com/news-releases/ping-an-ranked-29th-in-fortunes-2019-global-500-top-4-in-financial-sector-300888635.html|title=Ping An Ranked 29th in Fortune's 2019 Global 500, Top 4 in Financial Sector|author=Ping An Group|via=PR Newswire|website=prnewswire.com|language=en|access-date=2019-08-09}}</ref> and its subsidiary [[Ping An Bank]].<ref>{{Cite web|url=http://bank.pingan.com/about/index.shtml|script-title=zh:关于银行-平安银行|website=bank.pingan.com|access-date=2019-08-09|archive-date=9 August 2019|archive-url=https://web.archive.org/web/20190809230614/http://bank.pingan.com/about/index.shtml|url-status=live}}</ref> Since the city's establishment as a SEZ, a number of foreign banks had established offices in the city, including [[Citibank]], [[HSBC]], [[Standard Chartered]], and [[Bank of East Asia]].<ref>{{cite news|url=http://news.sohu.com/20070312/n248653952.shtml|script-title=zh:外资银行加速抢滩深圳市场|author=深圳特区报|date=2007-03-12|script-work=zh:深圳证券交易所 |via=Sohu |access-date=2011-11-12|archive-url=https://web.archive.org/web/20160304223443/http://news.sohu.com/20070312/n248653952.shtml|archive-date=2016-03-04|url-status=live}}</ref> In total, the financial industry accounts for 14.5% of the city's nominal GDP in 2015 (254.282 billion RMB), which was a 15.9% increase over the previous year.<ref name="2015统计公报2"/> By the end of 2016, the total assets of the financial industry amounted to 12.7 trillion RMB (banking industry assets were 7.85 trillion RMB, security companies assets were 1.25 trillion RMB, and insurance industry assets were 3.6 trillion RMB), making Shenzhen's financial industry the third largest in China.<ref name="2016年深圳金融业发展基本情况">{{cite web|url=http://www.jr.sz.gov.cn/sjrb/xxgk/sjtj/zxtjxx/201708/t20170808_8071112.htm|script-title=zh:2016年深圳金融业发展基本情况|publisher=Office of Financial Development Services, Shenzhen People's Government ({{lang|zh-Hans|深圳市人民政府金融发展服务办公室}})|archive-url=https://web.archive.org/web/20170825192135/http://www.jr.sz.gov.cn/sjrb/xxgk/sjtj/zxtjxx/201708/t20170808_8071112.htm|archive-date=25 August 2017|url-status=dead|access-date=2017-02-12}}</ref> Shenzhen is one of the world's [[Global Financial Centres Index|top ten financial centers]] as of 2019, jumping five places to ninth place as determined by "variety of areas of competitiveness, including business environment, human capital, infrastructure, financial sector development and reputation."<ref>{{Cite web|url=https://www.scmp.com/business/companies/article/3028150/shenzhen-worlds-top-10-financial-centres-first-time-2010-while|title=Shenzhen, Hong Kong among top 10 global financial centres|date=2019-09-20|publisher=South China Morning Post|language=en|access-date=2019-09-22|archive-date=7 September 2024|archive-url=https://web.archive.org/web/20240907220609/https://www.scmp.com/business/companies/article/3028150/shenzhen-worlds-top-10-financial-centres-first-time-2010-while|url-status=live}}</ref> === Container port === [[File:Yantian-port from above.jpg|thumb|[[Yantian International Container Terminals]] in the [[Yantian District]], one of the [[Container port|container terminals]] of the [[Port of Shenzhen]]]] [[SF Express]] and [[China International Marine Containers]] (CIMC) have their headquarters in Shenzhen.<ref>{{Cite web|url=http://usa.chinadaily.com.cn/business/2013-02/07/content_16212523.htm|title=Quanfeng Express hits private investment road|publisher=usa.chinadaily.com.cn|access-date=2019-08-10|archive-date=9 October 2022|archive-url=https://web.archive.org/web/20221009152032/http://usa.chinadaily.com.cn/business/2013-02/07/content_16212523.htm|url-status=live}}</ref><ref>{{Cite web|url=http://www.cimc.com/en/|script-title=zh:中集英文|publisher=cimc.com|access-date=2019-08-10|archive-date=31 May 2012|archive-url=https://web.archive.org/web/20120531222601/http://www.cimc.com/en/|url-status=live}}</ref> The [[Port of Shenzhen]] comprises the [[Yantian International Container Terminals]], the [[Chiwan]] Container Terminals, the container terminals of the [[Shekou Industrial Zone]], the [[China Merchants Port]], and [[Shenzhen Haixing]]. The Port of Shenzhen is therefore capable of handling a record volume of [[containerization]]. With rising trade increased cargo shipments in 2005, the container port was ranked as the [[List of busiest container ports|world's fourth-busiest container port]].<ref>{{Cite web|title=Top 50 World Container Ports |url=http://www.worldshipping.org/about-the-industry/global-trade/top-50-world-container-ports/|access-date=2019-10-16 |publisher=World Shipping Council |archive-date=4 July 2012 |archive-url=https://web.archive.org/web/20120704184751/http://www.worldshipping.org/about-the-industry/global-trade/top-50-world-container-ports|url-status=dead}}</ref><ref>{{Cite web | title=One Hundred Ports 2020 | url=https://lloydslist.maritimeintelligence.informa.com/one-hundred-container-ports-2020 | access-date=2021-07-23 | publisher=Lloyd's List | archive-date=31 August 2020 | archive-url=https://web.archive.org/web/20200831212331/https://lloydslist.maritimeintelligence.informa.com/one-hundred-container-ports-2020 | url-status=live }}</ref><ref name="ShenzhenPort-2016">{{cite web|url=http://www.chinaports.com/port/%E6%B7%B1%E5%9C%B3%E6%B8%AF/intro|script-title=zh:深圳港港口介绍|archive-url=https://web.archive.org/web/20160915005656/http://www.chinaports.com/port/%E6%B7%B1%E5%9C%B3%E6%B8%AF/intro|archive-date=15 September 2016|url-status=dead|access-date=9 September 2016}}</ref> High port traffic levels combined with a high urban population make Shenzhen a large ''port megacity''.<ref>{{Cite journal| last1=Roberts| first1=Toby| last2=Williams| first2=Ian| last3=Preston| first3=John| year=2020| title=The Southampton system: A new universal standard approach for port-city classification| journal=Maritime Policy & Management| volume=48| issue=4| pages=530–542| doi=10.1080/03088839.2020.1802785| doi-access=free}}</ref> The logistics industry accounts for around 10.1 percent (178.27 billion RMB) of the city's nominal GDP in 2015, which was an increase of 9.4 percent.<ref name="2015统计公报2" /> Shenzhen Port's first foreign trade [[blockchain]] cargo release platform was launched recently.<ref name="blockchain">{{cite web|url=http://www.sz.gov.cn/en_szgov/news/latest/content/post_9350860.html|title=Blockchain cargo release platform launched|website=Shenzhen Government Online|language=english|date=9 November 2021|access-date=9 November 2021|archive-date=9 November 2021|archive-url=https://web.archive.org/web/20211109154711/http://www.sz.gov.cn/en_szgov/news/latest/content/post_9350860.html|url-status=live}}</ref> === Cultural industry === Shenzhen had prioritized the cultural industry in according to the 13th Five-Year Plan, establishing the Shenzhen Fashion Creative Industry Association (深圳市时尚文化创意协会) and planning the 4.6 square-kilometer Dalang Fashion Valley (大浪时尚创意城).<ref>{{cite web|url=http://barb.sznews.com/html/2015-11/19/content_3391720.htm |script-title=zh:名师大腕奉献时尚文化盛宴---宝安日报多媒体数字报刊平台|date=2016-10-30|archive-url=https://archive.today/20161030115223/http://barb.sznews.com/html/2015-11/19/content_3391720.htm|archive-date=2016-10-30|url-status=dead}}</ref><ref name="龙华新区创建全国时尚服饰产业知名品牌示范区纪">{{cite web |url=http://www.cqn.com.cn/zgzlb/content/2016-09/28/content_3447991.htm |script-title=zh:龙华新区创建全国时尚服饰产业知名品牌示范区纪 |website=cqn.com |date=2016-09-28 |access-date=10 August 2019 |archive-url=https://web.archive.org/web/20161012224710/http://www.cqn.com.cn/zgzlb/content/2016-09/28/content_3447991.htm |archive-date=12 October 2016 |url-status=dead }}</ref> On 7 December 2008, [[UNESCO]] approved Shenzhen's entrance into the [[Creative Cities Network]], and awarded the Shenzhen the title of "United Nations Design Capital".<ref name="設計之都">{{cite web |url=http://www.shenzhendesign.org/ |script-title=zh:設計之都 |website=shenzhendesign.org |access-date=10 August 2019 |archive-url=https://web.archive.org/web/20180324142428/http://shenzhendesign.org/ |archive-date=24 March 2018 |url-status=dead }}</ref> Altogether, the cultural industry in turn contributes to 5.8 percent (102.116 billion RMB) of Shenzhen's economy in 2015. Shenzhen-based [[Video games in China|video game]] developer [[Game Science]] released ''[[Black Myth: Wukong]]'', which achieved significant commercial success on its August 20, 2024 release.<ref name=":03">{{Cite web |last=Fung |first=Alice |title=Wukong from Shenzhen's Nanshan hits the world |url=https://www.newsgd.com/node_5c070fdd03/0298d9a38c.shtml |access-date=2024-08-21 |website=www.newsgd.com |language=en |archive-date=7 September 2024 |archive-url=https://web.archive.org/web/20240907220634/https://www.newsgd.com/node_5c070fdd03/0298d9a38c.shtml |url-status=live }}</ref> The game is set against the backdrop of the classic novel, ''[[Journey to the West]]''.<ref name=":03" /> === Real estate === In addition to the four pillar industries that were listed by the municipal government, Shenzhen also has a relatively notable real-estate industry.<ref>{{Cite web|url=http://www.szinvest.gov.cn/tzzy/zycy/xxcy/|script-title=zh:四大支柱产业|publisher=InvestShenzhen ({{lang|zh-Hans|深圳市投资推广署}})|archive-url=https://web.archive.org/web/20171201043632/http://www.szinvest.gov.cn/tzzy/zycy/xxcy/|archive-date=1 December 2017|url-status=dead|access-date=2017-11-29}}</ref> The real-estate industry altogether contributes to 9.2 percent (162.777 billion RMB) of Shenzhen's economy in 2015, which was an increase of 16.8 percent compared to the previous year.<ref name="2015统计公报2"/> Real estate developers such as the [[Evergrande Group]],<ref>{{cite web|date=2 January 2017|title=Evergrande draws eight strategic investors for Shenzhen listing|url=http://www.scmp.com/business/article/2058764/evergrande-draws-eight-strategic-investors-shenzhen-listing|publisher=South China Morning Post|access-date=23 July 2021|archive-date=23 July 2021|archive-url=https://web.archive.org/web/20210723201413/https://www.scmp.com/business/article/2058764/evergrande-draws-eight-strategic-investors-shenzhen-listing|url-status=live}}</ref> [[Vanke]],<ref>{{Cite web|url=https://www.vanke.com/en/contact.aspx|title=Vanke|website=vanke.com|access-date=2019-08-10|archive-date=10 August 2019|archive-url=https://web.archive.org/web/20190810052307/https://www.vanke.com/en/contact.aspx|url-status=dead}}</ref> and [[China Resources Land]]<ref>{{Cite web|url=http://en.crland.com.hk/dbdh_25735/lxfs/|title=CR LAND|website=en.crland.com.hk|access-date=2019-08-10|archive-date=30 September 2019|archive-url=https://web.archive.org/web/20190930060108/http://en.crland.com.hk/dbdh_25735/lxfs/|url-status=live}}</ref> are headquartered within the city. === High Tech Industrial Development Zone === [[File:Shekou fishing harbor2021.jpg|thumb|[[Shekou|Shekou Fishing Port]]]] In 1996, the State Council approved and established the {{convert|11.5|km2|abbr=on}} Shenzhen High-tech Industrial Development Zone, helping to develop Shenzhen's high-tech industry in areas such as electronics and information technology.<ref>{{Cite web|url=https://hkmb.hktdc.com/en/1X09WO9R|title=Shenzhen High-tech Industrial Development Zone|website=Hong Kong Means Business|language=en|access-date=2019-08-10|archive-date=7 September 2024|archive-url=https://web.archive.org/web/20240907220616/https://hkmb.hktdc.com/en|url-status=live}}</ref> In accordance to the National Plan in 2001, the Shenzhen Software Park, integrated within the High-tech Industrial Development Zone, was established for software production and assists in the development of the city's software industry.<ref>{{cite web|url=http://rightsite.asia/en/industrial-zone/shenzhen-software-park/|title=Shenzhen Software Park|archive-url=https://web.archive.org/web/20150113212833/http://rightsite.asia/en/industrial-zone/shenzhen-software-park|archive-date=13 January 2015|url-status=live|access-date=25 May 2015}}</ref> On 26 August 2010, the State Council approved the "[[Qianhai|Overall Development Plan for Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone]]" to solidify ties between Hong Kong and Shenzhen.<ref name="国务院批复前海深港现代服务业合作区发展规划"/><ref name="nzcta.co.nz3">{{cite web| url=http://www.nzcta.co.nz/chinanow-commentary/1555/qianhai-taking-rmb-internationalisation-to-the-next-level/| title=Qianhai Taking RMB Internationalisation to the Next Level| last1=Fung| first1=Anita |publisher=New Zealand China Trade Association| archive-url=https://web.archive.org/web/20150122123015/http://www.nzcta.co.nz/chinanow-commentary/1555/qianhai-taking-rmb-internationalisation-to-the-next-level/|archive-date=22 January 2015|url-status=live|access-date=11 June 2014}}</ref> === Tourism === [[File:Interlaken_Hotel_OCT_East.jpg|right|thumb|[[Fairmont Hotels|Fairmont]] Shenzhen Interlaken Hotel at [[OCT East]]]] [[File:Shenzhen ocean.jpg|thumb|Beach in Shenzhen]] [[File:SONGPINGSHAN PARK, SHENZHEN (4).jpg|thumb|Songpingshan Park]] [[Tourism in China|Tourism]] is gradually growing as an important industry for Shenzhen. Shenzhen has been ranked second on the list of 'top 10 cities to visit in 2019' by Lonely Planet.<ref name="Li-2019">{{Cite web|title=Lonely Planet names Shenzhen as a top city to visit in 2019|url=https://gbtimes.com/lonely-planet-names-shenzhen-as-a-top-city-to-visit-in-2019|url-status=dead|archive-url=https://web.archive.org/web/20181023115857/https://gbtimes.com/lonely-planet-names-shenzhen-as-a-top-city-to-visit-in-2019|archive-date=23 October 2018|access-date=3 December 2018}}</ref> The Shenzhen administration in its "12th Five-Year Plan for Tourism Development of Shenzhen" had focused on turning the city into an international tourist hub, with emphasis on the city's scientific, fashion, and industrial elements.<ref name="Shenzhen.gov-2019a">{{Cite web|url=http://www.sz.gov.cn/wtlyjnew/xxgk/ghjh/fzgh/201610/t20161024_5010916.htm|script-title=zh:深圳市旅游业发展"十三五"规划-深圳市文化广电旅游体育局|website=sz.gov.cn| access-date=2019-08-20|archive-date=20 August 2019|archive-url=https://web.archive.org/web/20190820212959/http://www.sz.gov.cn/wtlyjnew/xxgk/ghjh/fzgh/201610/t20161024_5010916.htm|url-status=dead}}</ref> The Shenzhen tourist industry is claimed by the local administration in having a strong development advantage, due to the city being one of the [[Chinese city tier system|tier-one cities in China]], as well as being known for its coastal resources, climate environment, capitalist economy, and technological innovation.<ref name="Shenzhen.gov-2019b">{{Cite web|url=http://www.sz.gov.cn/cn/xxgk/zfxxgj/zwdt/201612/t20161222_5761345.htm|script-title=zh:深圳市旅游业、体育发展"十三五"规划公布--政务动态|website=sz.gov.cn|access-date=2019-08-20|archive-date=20 August 2019|archive-url=https://web.archive.org/web/20190820213002/http://www.sz.gov.cn/cn/xxgk/zfxxgj/zwdt/201612/t20161222_5761345.htm|url-status=dead}}</ref> In 2015 the tourism industry's total revenue was 124.48 billion RMB (US$17.6 billion), a 98.1 percent increase from 2010. Out of the total revenue, 28 percent (35 billion RMB ''or'' US$4.968 billion) came from international tourists, an increase of 56.2 percent from 2010. In addition, in that year, Shenzhen received 11.63 million tourists, a 51 percent increase from 2010. [[File:1_splendid_china_shenzhen_2011.JPG|thumb|[[Splendid China Folk Village|Splendid China]]]] Shenzhen has numerous tourist destinations, ranging from recreational areas such as theme parks and public parks to tall buildings. Most of the tourist attractions are part of [[Overseas Chinese Town|Overseas Chinese Town (OCT)]], a colloquial name for parks owned by [[Overseas Chinese Town Enterprises|OCT Enterprises]] and is classified as an [[AAAAA scenic area]] by the [[China National Tourism Administration]].<ref>{{Cite web|url=http://en.cnta.gov.cn/html/2008-11/2008-11-16-10-27-72978.html|title=AAAAA Scenic Areas_National Tourism Administration of The People's Republic of China|date=2014-04-04|archive-url=https://web.archive.org/web/20140404043021/http://en.cnta.gov.cn/html/2008-11/2008-11-16-10-27-72978.html|archive-date=2014-04-04|url-status=dead|access-date=2018-12-08}}</ref> These include the [[Window of the World]],<ref>{{Cite web|url=http://eng.szwwco.com/|title=Window of the World|archive-url=https://web.archive.org/web/20110615034145/http://eng.szwwco.com/|archive-date=15 June 2011|url-status=dead|access-date=2 December 2018}}</ref><ref>{{Cite web|url=http://www.travelchinaguide.com/attraction/guangdong/shenzhen/window.htm|title=Window of the World, Shenzhen, Guangdong, Theme Park|website=travelchinaguide.com|archive-url=https://web.archive.org/web/20181203202725/https://www.travelchinaguide.com/attraction/guangdong/shenzhen/window.htm|archive-date=3 December 2018|url-status=live|access-date=2018-12-03}}</ref> the [[Splendid China Folk Village]],<ref>{{Cite web|url=http://www.travelchinaguide.com/attraction/guangdong/shenzhen/splendid.htm|title=Splendid China - Folk Culture Villages, Shenzhen|website=travelchinaguide.com|archive-url=https://web.archive.org/web/20181203202738/https://www.travelchinaguide.com/attraction/guangdong/shenzhen/splendid.htm|archive-date=3 December 2018|url-status=live|access-date=2018-12-03}}</ref><ref>{{Cite web|url=http://www.startinchina.com/shenzhen/tourism/splendid_china_folk_culture_village.html|title=Splendid China folk culture village|archive-url=https://web.archive.org/web/20100324155012/http://www.startinchina.com/shenzhen/tourism/splendid_china_folk_culture_village.html|archive-date=24 March 2010|url-status=dead|access-date=2 December 2018}}</ref> [[Happy Valley Shenzhen|Happy Valley]] ({{lang|zh-hans|欢乐谷}}),<ref>{{Cite web|url=http://www.happyvalley.cn/ |website=happyvalley.cn|language=zh-cn|script-title=zh:欢乐谷官方网站|archive-url=https://web.archive.org/web/20040611042743/http://www.happyvalley.cn/|archive-date=11 June 2004|url-status=live|access-date=2018-12-03}}</ref><ref>{{Cite web|url=http://www.travelchinaguide.com/attraction/guangdong/shenzhen/happy-valley/|title=Shenzhen Happy Valley, Theme Park: Ticket Price, Get There|website=travelchinaguide.com|archive-url=https://web.archive.org/web/20181203202716/https://www.travelchinaguide.com/attraction/guangdong/shenzhen/happy-valley/|archive-date=3 December 2018|url-status=live|access-date=2018-12-03}}</ref> [[OCT East]],<ref>{{cite web|url=http://www.ttgmice.com/magazine/?ID=31055&term_id=&issues=224|title=Buzz on the waterfront|publisher=TTGmice|archive-url=https://web.archive.org/web/20130605141908/http://www.ttgmice.com/magazine/?ID=31055&term_id=&issues=224|archive-date=5 June 2013|url-status=dead|access-date=27 March 2013}}</ref> and [[OCT Harbour]].<ref>{{Cite web|url=http://oct.ieant.com/article/cate/id/46.shtml|title=Welcome to OCT Harbour|website=oct.ieant.com|access-date=2019-08-20|archive-date=20 August 2019|archive-url=https://web.archive.org/web/20190820222045/http://oct.ieant.com/article/cate/id/46.shtml|url-status=dead}}</ref> Other theme parks include [[Shekou]] Sea World ({{lang|zh|海上世界}}),<ref>{{cite web|url=http://www.szseaworld.com/05-about-en/p-001.asp|title=About us|publisher=Szseaworld.com|archive-url=https://web.archive.org/web/20110420063205/http://www.szseaworld.com/05-about-en/p-001.asp|archive-date=20 April 2011|url-status=dead|access-date=5 May 2010}}</ref> Xiaomeisha Sea World,<ref>{{Cite web|url=http://www.szxms.com.cn/|website=szxms.com.cn|script-title=zh:小梅沙海洋世界官方网站|深圳小梅沙海洋公园官网|深圳海洋世界官网|深圳市特发小梅沙旅游发展有限公司|archive-url=https://web.archive.org/web/20181209123746/http://www.szxms.com.cn/|archive-date=9 December 2018|url-status=live|access-date=2018-12-08}}</ref><ref>{{Cite web|url=https://www.travelchinaguide.com/attraction/guangdong/shenzhen/xiaomeisha-sea-world.htm|title=Xiaomeisha Sea World, Shenzhen, Guangdong|website=travelchinaguide.com|archive-url=https://web.archive.org/web/20181209124204/https://www.travelchinaguide.com/attraction/guangdong/shenzhen/xiaomeisha-sea-world.htm|archive-date=9 December 2018|url-status=live|access-date=2018-12-08}}</ref> and the now-closed [[Minsk World]].<ref>{{Cite web|url=http://www.thestandard.com.hk/stdn/std/China/GC02Ad04.html|title=The Standard - Business as usual at sunk Minsk World - China Section|date=2012-02-10|archive-url=https://web.archive.org/web/20120210080800/http://www.thestandard.com.hk/stdn/std/China/GC02Ad04.html|archive-date=2012-02-10|url-status=dead|access-date=2018-12-04}}</ref><ref>{{Cite web|url=https://www.scmp.com/news/china/society/article/1933600/aircraft-carrier-used-chinese-theme-park-sets-sail-new-home|title=Aircraft carrier used as Chinese theme park sets sail for new home|date=2016-04-04|website=South China Morning Post|language=en|archive-url=https://web.archive.org/web/20181205145808/https://www.scmp.com/news/china/society/article/1933600/aircraft-carrier-used-chinese-theme-park-sets-sail-new-home|archive-date=5 December 2018|url-status=live|access-date=2018-12-04}}</ref> Shenzhen also has a number of popular public parks and beaches, such as [[People's Park (Shenzhen)|People's Park]], [[Lianhuashan Park]], Lizhi Park, [[Zhongshan Park]], [[Wutong Mountain|Wutongshan Park]], [[Dameisha Beach|Dameisha]] ({{lang-zh|labels=no|c=大梅沙}}) and {{interlanguage link|Xiaomeisha|zh|小梅沙}} ({{lang-zh|labels=no|c=小梅沙}}).<ref name="Parks of Shenzhen-2018">[http://www.ShenzhenParks.com/ The City Parks of Shenzhen] {{Webarchive|url=https://web.archive.org/web/20181116041757/http://www.shenzhenparks.com/|date=16 November 2018}} The City Parks of Shenzhen ~ Retrieved 2 February 2010</ref><ref name="Karacs-2017">{{Cite web|url=https://theculturetrip.com/asia/china/articles/the-most-beautiful-beaches-in-shenzhen/|title=The Most Beautiful Beaches in Shenzhen|last=Karacs|first=Sarah|website=Culture Trip|date=6 February 2017 |archive-url=https://web.archive.org/web/20181209123747/https://theculturetrip.com/asia/china/articles/the-most-beautiful-beaches-in-shenzhen/|archive-date=9 December 2018|url-status=live|access-date=2018-12-08}}</ref> The city is also home to tall buildings such as the [[Ping An Finance Centre]],<ref name="Springer-2018">{{Cite web|url=https://www.cnn.com/travel/article/what-to-do-shenzhen-china/index.html|title=Shenzhen: Add it to your China travel list|first=Kate|last=Springer|date=2018-01-04|website=CNN Travel|language=en|access-date=2019-08-20|archive-date=20 August 2019|archive-url=https://web.archive.org/web/20190820222044/https://www.cnn.com/travel/article/what-to-do-shenzhen-china/index.html|url-status=live}}</ref> [[KK100]],<ref>{{Cite web|url=http://www.skyscrapercenter.com/shenzhen/kk100/173/|title=KK100 - The Skyscraper Center|website=skyscrapercenter.com|access-date=2019-08-20|archive-date=20 August 2019|archive-url=https://web.archive.org/web/20190820222045/http://www.skyscrapercenter.com/shenzhen/kk100/173/|url-status=live}}</ref> and the [[Shun Hing Square]] (also known as Di Wang Tower).<ref>{{Cite web |url=https://traveltips.usatoday.com/tourism-shenzhen-china-13604.html |title=Tourism in Shenzhen, China |publisher=traveltips.usatoday.com |language=en |access-date=2019-08-20 |archive-date=20 August 2019 |archive-url=https://web.archive.org/web/20190820222045/https://traveltips.usatoday.com/tourism-shenzhen-china-13604.html |url-status=dead }}</ref> There are 314 star-rated hotels in Shenzhen as of Q3 2022. International luxury brands including [[Mandarin Oriental]], [[Park Hyatt]], [[Raffles Hotels & Resorts|Raffles]] and [[Conrad Hotels|Conrad]]; upper-upscale brands including [[Sheraton Hotels]], [[Marriott Hotels]], and [[Hilton Hotels]]. Select-service chains including [[Holiday Inn]], and [[Courtyard by Marriott]] all have presence in the city amongst local chains, offering both urban hotels in key business districts and beach resorts in [[Dameisha]], Xiaomeisha and Jinshawan (Golden Bay). Notably, the [[St. Regis Hotels & Resorts]] occupies the top portion of the [[KK100]] skyscraper. [[File:Sea World in Shekou Shenzhen2021.jpg|left|thumb|[[Sea World (Shenzhen)|Shekou Sea World]]]] Shenzhen's tourism industry is recently expanding under the "13th Five-Year Plan for Tourism Development of Shenzhen" as promoted under the Shenzhen local government.<ref name="Shenzhen.gov-2019a" /> In this plan, the tourist industry plans to exceed 200 billion RMB and receive 150 million domestic and foreign tourists by 2020.<ref name="Shenzhen.gov-2019b" /> In 2023 an increasing numbers of Hong Kong residents began visiting Shenzhen during weekends, which in turn caused Hong Kong service establishments to face a decline in business.<ref>{{cite web|last=Yiu|first=Pak|url=https://asia.nikkei.com/Economy/Weekends-in-Shenzhen-Hong-Kong-economy-hit-by-neighbor-s-growing-allure|title=Weekends in Shenzhen: Hong Kong economy hit by neighbor's growing allure|newspaper=[[Nikkei Asia]]|date=2023-12-09|access-date=2023-12-11|archive-date=12 December 2023|archive-url=https://web.archive.org/web/20231212002513/https://asia.nikkei.com/Economy/Weekends-in-Shenzhen-Hong-Kong-economy-hit-by-neighbor-s-growing-allure|url-status=live}}</ref> === Retail === Retail is an important pillar of Shenzhen's [[Tertiary sector of the economy|tertiary sector]]. Out of the added value of Shenzhen's tertiary sector of 1.42 trillion RMB (US$201 billion) in 2018, retail contributed 43% (616.89 billion RMB) of this amount, a 7.6 percent increase compared to last year (601.62 billion RMB).<ref>{{Cite web|title=Shenzhen (Guangdong) City Information {{!}} HKTDC|url=http://china-trade-research.hktdc.com/business-news/article/Facts-and-Figures/Shenzhen-Guangdong-City-Information/ff/en/1/1X000000/1X09VT4H.htm|url-status=dead|archive-url=https://web.archive.org/web/20200211192041/http://china-trade-research.hktdc.com/business-news/article/Facts-and-Figures/Shenzhen-Guangdong-City-Information/ff/en/1/1X000000/1X09VT4H.htm|archive-date=2020-02-11|access-date=2019-08-21|website=china-trade-research.hktdc.com}}</ref> In addition, 10.9% of Shenzhen's [[Foreign direct investment|FDI]] is directed towards the wholesale and retail sector. [[File:Coco_park.jpg|alt=|thumb|400x400px|[[COCO Park]]]] [[Huaqiangbei|Huaqiang North]] ({{lang|zh-hans|华强北}}) is one of Shenzhen's notable retail areas, being known for having one of the largest [[electronics]] markets in the world.<ref>{{Cite web|url=https://medium.com/chinafacture/huaqiangbei-the-biggest-electronics-market-in-the-world-shenzhen-china-3ec66e5d2df0|title=Huaqiangbei, the biggest electronics market in the world — Shenzhen, China|last=Tocha|date=2018-09-28|website=Medium|language=en|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031210/https://medium.com/chinafacture/huaqiangbei-the-biggest-electronics-market-in-the-world-shenzhen-china-3ec66e5d2df0|url-status=live}}</ref> [[Luohu Commercial City]], a commercial complex located adjacent to [[Shenzhen railway station|Shenzhen Railway Station]], is noted for having a variety of products that ranges from electronics and [[Counterfeit consumer goods|counterfeit goods]] to tailored suits and curtains.<ref name="Springer-2018" /> In addition to Huaqiang North and Luohu Commercial City, Shenzhen has numerous [[shopping mall]]s and commercial areas, including [[COCO Park]] and its branches COCO City and [[Longgang District, Shenzhen|Longgang]] COCO Park,<ref>{{Cite web|url=http://www.szdaily.com/content/2014-11/10/content_10656136.htm|title=Mega mall opens in Longhua|website=szdaily.com|access-date=2019-08-21|archive-date=23 August 2019|archive-url=https://web.archive.org/web/20190823212424/http://www.szdaily.com/content/2014-11/10/content_10656136.htm|url-status=live}}</ref><ref>{{cite news|url=http://www.szdaily.com/content/2012-09/03/content_7157887.htm|title=Longgang COCO Park opens its doors|date=2012-09-03|newspaper=[[Shenzhen Daily]]|access-date=2018-05-30|archive-date=7 August 2020|archive-url=https://web.archive.org/web/20200807033414/http://www.szdaily.com/content/2012-09/03/content_7157887.htm|url-status=live}}</ref> Uniworld ({{lang|zh-hans|壹方天地}}),<ref>{{Cite web|url=http://www.uniworld-sz.com.cn/|script-title=zh:深圳体验式商业综合体—壹方天地|website=uniworld-sz.com.cn|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031208/http://www.uniworld-sz.com.cn/|url-status=live}}</ref> Uniwalk ({{lang|zh-hans|壹方场}}),<ref>{{Cite web|url=http://en.unicenter.com.cn/YFcity/Overview.aspx|script-title=zh:壹方中心|website=en.unicenter.com.cn|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031206/http://en.unicenter.com.cn/YFcity/Overview.aspx|url-status=live}}</ref> and [[Coastal City]] (海岸城).<ref>{{Cite web|url=http://www.coastalcity.cn/About/Profile.aspx|script-title=zh:公司简介_关于海岸城_海岸城|website=coastalcity.cn|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031205/http://www.coastalcity.cn/About/Profile.aspx|url-status=live}}</ref> Shenzhen is also home to drugstore chain [[China Nepstar]].<ref>"[http://www.nepstar.cn/eng/contact.asp# Contact Us] {{Webarchive|url=https://web.archive.org/web/20190306033945/http://www.nepstar.cn/eng/contact.asp |date=2019-03-06 }}." China Nepstar. Retrieved on November 19, 2012. "China Nepstar Chain Drugstore Ltd. Floor 6, Block B, Xinnengyuan Building, Nanhai Road, Nanshan District, Shenzhen, CHINA (518054)" - [http://www.nepstar.cn/eng/map.asp Map] {{Webarchive|url=https://web.archive.org/web/20141206021450/http://www.nepstar.cn/eng/map.asp |date=6 December 2014 }} - [http://www.nepstar.cn/contact.asp Address in Chinese] {{Webarchive|url=https://web.archive.org/web/20190608131635/http://www.nepstar.cn/contact.asp |date=8 June 2019 }}: "地址:深圳市南山区南海大道新能源大厦 B 座 6 楼 (518054)" - [http://www.nepstar.cn/map.asp Chinese Map] {{Webarchive|url=https://web.archive.org/web/20160830190913/http://www.nepstar.cn/map.asp |date=30 August 2016 }}</ref> "Smart retail", which uses technologies such as [[artificial intelligence]] and [[big data]] in production, circulation, and sales of consumer goods, has been growing popular within enterprises in Shenzhen.<ref>{{Cite web|url=http://finance.eastmoney.com/a/201908021195734963.html|script-title=zh:新零售:激发深圳经济增长新动能 _ 东方财富网|website=finance.eastmoney.com|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031208/http://finance.eastmoney.com/a/201908021195734963.html|url-status=dead}}</ref> Businesses in Shenzhen are encouraged to use the Internet to develop the consumer market and new retail projects would be assisted with the use of technology. In addition, the Shenzhen administration is setting up a new retail industry development fund to promote the use of "smart retail", with the intention of stimulating the economy of Shenzhen and to turn the city into a "new retail" hub.
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