| Shenzhen (SEZ) Business Information | ||
|---|---|---|
| Population | 8,917,300 | |
| GDP (USD) | 152 B | |
| USD:RMB Exchange Rate | 1:6.5 | |
| Average Mfg Employee Wage (per month) | 3,321 RMB | |
| Average Industrial Facility Cost (per month) | 30.4 RMB/m2 | |
| Access to Logistics | Very Good | |
Shenzhen Manufacturing & Investment Information
Shenzhen is southern China’s, and possibly the world’s most prominent manufacturing city. Its economic strength is bolstered by its port (the fourth largest in the world), its partnership with Hong Kong, and the variety of benefits that it derives from its status as a Special Economic Zone (SEZ).
| Major Cities near Shenzhen | Shenzhen’s Main Industries | ||
|---|---|---|---|
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Shenzhen & Foreign Investment
In 2009 Shenzhen generated a GDP of USD 120 billion and utilized USD 4.16 billion in Foreign Direct Investment (FDI). However, in 2010 its GDP rose to USD 152 billion and it’sits FDI also climbed to USD 4.3 billion. 162 of the top 500 companies in the world have locations there. Shenzhen is the leading city in China for electronics manufacturing. It is a hub for Electronic Manufacturing Suppliers (EMS) and Original Equipment Manufacturers (OEM). This allows companies to cut costs by accessing a full supply chain in one location. Shenzhen’s skilled workforce is fed by the province of Guangdong’s 100 universities, enrolling over 874,000 students in the regional area.
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