(1)      Economic Scale Advantage

Shenzhen Special Economic Zone is the first special economic zone whose establishment was initiated and promoted by Deng Xiaoping, the chief designer of China's socialist reform and opening up and modernization. As an experiment for promoting the development of economic and social development of China, Shenzhen has obtained great success. Shenzhen has formed four pillar industries, high-tech, finance, logistics and cultural creativity industry. Various social causes have enjoyed simultaneous development and a market economy system has been increasingly perfected. Shenzhen has set an example to the whole country and played a role of example and promotion. In 2019, its GDP reached RMB2,692.709 billion. Its total import and export amount was RMB2,977.386 billion, including an export value of RMB1,670.895 billion. Industrial added value increased by 4.7%, including added value of the high-tech industry manufacturing increased by 5.9%. By the end of May 2020, the accumulated amount of foreign capital actually utilized reached USD115.991 billion.

(2)      Geographical Advantage

Shenzhen is located on the coast of the South China Sea, adjacent to Hong Kong and Macao, Daya Bay to the east, and Dongguan and Huizhou to the north. It is one of the four central cities in the Guangdong-Hong Kong-Macao Greater Bay Area. Shenzhen is the city that owns seaports, airport, land ports and railway stations in China. Its seaports are especially developed. The Shenzhen Port has become an international container hub port. The Shenzhen Port ranks fourth among world container ports in 2018. Shenzhen has the land port of entry and exit for passengers with the largest passenger flow in China-Luohu Port. At the same time, Guangzhou-Hong Kong High-speed Railway, Shenzhen-Shangwei High-speed Railway, Beijing-Kowloon Railway and Guangzhou-Shenzhen-Zhuhai expressway link Hong Kong, Shenzhen and inland cities. 24-hour customs clearance practiced by Shenzhen and Hong Kong ports, electronic self-checking and customs clearance and the completion and opening of the Shenzhen Bay Bridge has made Shenzhen and Hong Kong connected more closely. The regional advantages of Shenzhen will be further highlighted, and the economy of both Shenzhen and Hong Kong can further thrive. Besides, Shenzhen is a bridge linking Hong Kong with inland area and linking inland area with the world.

(3)      Supporting Industry Advantage

Shenzhen is a production base, R&D base and transaction base of high-tech products including computer and parts, communication equipment, audio visual products, optical and electromechanical products, biological engineering products, etc. Shenzhen has over 1500 factories producing supporting parts of computer, which produce almost all computer parts except chips. Their annual supporting ability is over 30 million sets. There are over 30 million lines for communication and exchange. Shenzhen has become an electronic supporting center in mainland China. China International High-tech Result Fair is held in Shenzhen once every year.

(4)      Immigrant Culture Advantage

Shenzhen is a typical immigrant city. Its culture is different from the traditional culture of other cities. It is the transformation and activation of inland culture and the absorption and fusion of foreign culture oriented toward Hong Kong. Unique geological and cultural environment of Shenzhen has created Shenzhen culture featuring openness, tolerance and innovation.

(1)      High Technology

Shenzhen focuses on developing the industries of computer and parts, very large-scale integrated circuit, network and communication, software, photoelectron, digital electrical household appliances, biological engineering, new material and environmental protection and renovates traditional industries by making use of high technology and advanced applicable technologies.

(2)      Finance Industry

Shenzhen fosters the development of securities, insurance and banking industry and the establishment of foreign-invested companies engaged in financial consultation, trust investment, finance, fund management, venture investment and venture investment management.

(3)      Logistics Business

Shenzhen encourages the development of port supporting facilities, multi-modal container transport, modernized warehousing area, international express distribution centre, logistics park, whole-course logistics network, distribution and delivery center, chain operation network and city light rail facilities.

(4)      Tourism Industry

Shenzhen focuses on developing modern tourism industry integrating recreation, culture and ecology.

(5)     Other Fields

Investment in traditional industries including important infrastructure, refined chemical industry, automobile parts, clocks and watches, jewelry, leather, furniture and garment and establishment of high-class joint venture hospitals, international schools and other projects.

After being approved by the State Council in 2014, Shenzhen National Innovation Demonstration Zone has become the core area of scientific and technological innovation in Shenzhen and the main area for the development of high-tech industries in Shenzhen. There are four types of industrial land in the independent innovation demonstration zone, with a total area of 162 square kilometers, accounting for 59% of the city's industrial land, which is the most important industrial space in Shenzhen.

Shenzhen is the first city wide independent Innovation Demonstration Zone in China. The demonstration zone has a large area, many districts and wide distribution, and there are significant differences in development among different regions. Under the guidance of the overall objectives, the development guidelines for 10 districts and 70 districts are formulated respectively, and the differentiated development strategies are formulated for the ten parks. The division of labor among the ten districts is as follows:

(1)      Futian Area

With the characteristics of finance, technology and culture, vigorously develop the headquarters economy, consolidate and develop the pillar industries such as finance, electronic information and cultural creativity, develop cross-border and emerging industries such as intelligence , finance and health, enhance the development of strategic support industries such as specialized service industry, fashion consumption, trade and exhibition, and build headquarters economic cluster and international innovation financial center.

(2)      Luohu Area

With the characteristics of finance, technology consumption, consolidate the traditional advantages of the financial industry, promote the transformation of traditional commerce and commerce, accelerate the development of business service industry, guide the high-end extension of gold and jewelry industry, expand the e-commerce industry, promote the innovation of business formats, and actively cultivate and lay out emerging industries such as life health, artificial intelligence, and new generation of information technology. To build an international consumption center, headquarters base and service industry base.

 
(3)      Nanshan Area

With the characteristics of  science, technology, finance, education and service, we should aim at the forefront of world science and technology and industrial innovation, guide the integration of science and technology and finance, give full play to the advantages of science and technology and finance innovation, promote the leaping and climbing of strategic emerging industries, promote the vigorous development of science and technology service industry, build international leading higher scientific research institutions and enterprise R & D institutions with strong R & D transformation ability, and create global innovation The new hub is responsible for leading the city's scientific and technological industry innovation.

(4)      Yantian Area  

With the characteristics of science, technology, health and intelligence, vigorously develop industries such as life health, artificial intelligence, marine economy and cultural creativity, optimize and improve port shipping, cross-border e-commerce, import and export trade, and cultivate a new growth pole of mountain and sea tourism consumption.

(5)      Baoan Area

With the characteristics of science, technology, manufacturing and service, focus on the development of new generation information technology, high-end equipment manufacturing, new materials, new energy and energy conservation and environmental protection industries, and actively cultivate aerospace and marine industries, give full play to the advantages of scientific and technological innovation and industrial integration and build a strategic emerging industry cluster.

(6)      Longgang Area

With the characteristics of science, technology, manufacturing and education, focus on the development of new energy, energy conservation and environmental protection, new generation of information technology, Internet and other strategic emerging industries, increase support for industries such as aerospace, intelligent equipment, 5G mobile communication and life and health, give full play to the attraction and gathering power of Longgang International University Park as the Innovation Smart Core in the eastern region to high-end innovation elements, consolidate and consolidate the advanced manufacturing industry, promote the in-depth integration of advantageous traditional industries with the Internet, high-tech, advanced applicable technology and informatization, and build an industry Innovation ecosystem of integration of learning and research.

(7)      Longhua Area

With the characteristics of science, technology, manufacturing and service, promote the development of manufacturing industry to high-end, intelligent, green and service-oriented, focus on the development of new generation information technology, 5G industry, artificial intelligence, industrial Internet, life and health, modern service industry, cultural and fashion industry, and build a core area of Longhua artificial intelligence industry and a 5G industrial cluster area.

(8)      Pingshan Area

With the characteristics of science, technology, manufacturing and education, rely on the industrial foundation and the advantages of ecological environment, focus on the development of new energy vehicles, biomedicine, new generation information technology, intelligent manufacturing and other industries, focus on the fields of artificial intelligence, life and health, integrated circuits, the third generation of semiconductors, robotics and intelligent Internet connected vehicles, so as to form the Intelligent Manufacturing, Comprehensive Health and Great Service three industrial clusters.

(9)      Guangming Area

Grasp the great historical opportunity of building Guangming Science City into an international original innovation highland and the core of science and technology innovation center, promote the deep integration and development of scientific and technological innovation and industry with the characteristics of science, technology and manufacturing, create a number of strategic emerging industrial clusters with strong radiation belt power and international competitiveness, and form a leading and demonstration area for the industrialization of innovation achievements at the source of Guangming Science City.

(10)    Dapeng Area

With the characteristics of ecology, science and technology, give full play to the advantages of the natural marine bay formed by Dapeng Bay and Daya Bay, strengthen the establishment of ecological zones, strive to optimize the development space of biological industry and marine industry, focus on the development of environment-friendly industries such as biology, life and health, biomedicine, ocean, tourism, modern agriculture, and explore a new way of industrial development that meets the requirements of ecological civilization.