A Key Economic Base Town in South China

1. Regional Advantages
Shenzhen is situated at the frontier of the Pearl River Delta, and joins New Territory Hong Kong to the south. Facing Daya Bay to the east, connecting to Zhujiang River mouth to the west, and neighboring Dongguan City and Huizhou City to the north, Shenzhen with 12 ports is a transportation hinge in the costal area of South China. Meanwhile, Shenzhen is the only city in China Mainland that has sea, land and air ports meantime.
Shenzhen Port ranks the fourth among container ports around the world. Shenzhen has the largest land passenger ports of China, Luohu Port and Huanggang Port. Guangzhou-Shenzhen and Shenzhen-Shantou expressways as well as Beijing-Kowloon and Guangzhou-Shenzhen railways closely bring Hong Kong, Shenzhen and inland cities together.
At present, Shenzhen-Hong Kong ports have successfully launches the 24-hour customs clearance and paperless inspection. With the construction of the western bridge, the integration between Shenzhen and Hong Kong will be further promoted.
The air freight industry of Shenzhen ranks the thirty-seventh in the world. With the support of Hong Kong International Airport, goods from Shenzhen can reach any of the major cities of Asia within 5 hours. Relying on its special geography, Shenzhen enjoys highlighted regional advantages, which not only furthers economies of both Shenzhen and Hong Kong, but also serves a link and bridge for Hong Kong to be connected with the inland regions as well as other parts of the world.
2. Economic Scale
In 2005, the total output of Shenzhen reached RMB 492.690 billion, and the total retail sales of consumption commodities amounted to RMB 143.767 billion. The total imports and exports reached USD 182.860 billion, among which, the exports were USD 101.500 billion and the imports being USD 81.350 billion. The exports in Shenzhen have ranked top among large cities of the country for 13 years consecutively. In 2005, the added value of the city¡¯s industries above designated scale reached RMB 227.290 billion, and output of hi-tech industries reached RMB 490.00 billion, among which, the output of hi-tech products with independent intellectual properties accounted for 58%. By end of 2005, aggregated actually utilized foreign funds reached USD 30.300 billion.
The total imports and exports of Shenzhen have maintained the first position in China for 13 years successively, accounting for about 13% of those of the country.
In 2005, the disposable income per capita of Shenzhen reached RMB 21,494.40, and its GDP per capita ranked the first in China Mainland.