Shenzhen is a city in southern China that sits right on the border with Hong Kong. It was the original Special Economic Zone of China and by far the most successful. Since it gained that tax-haven status in 1979, it exploded from a tiny village to a metro zone of some 15 million. Foreign investments have run high ($30 billion) in both manufacturing and in the service industry. Shenzhen grew economically at a rate of 16 percent annually for decades, but has now slowed down to about 10 percent- still making it one of the fastest-growing economies in the world.
In 2013, Shenzhen's total GDP totaled $237 billion, as great as some nations like Ireland and Vietnam. Its per capita GDP was $22,000, putting it on a level with many developed areas of the world. It is the center of south China's financial services sector, has its own stock market, and headquarters many of the world's technology companies. Its incredible growth has led to constant need for construction work, a new high rise building seemingly popping up every day, according to one saying of the locals. Its export and import volumes have often been nation-leading, and its business clout is such there are always numerous conventions and conferences in motion. Shenzhen is also a major manufacturer of industrial strength glass, and interestingly enough, has also been ranked as the number one jelly bean exporting city on the globe.
Shenzhen is a gateway to China on the way from Hong Kong, and is itself one of the busiest port cities in the world, specializing in container shipments. Since 2003, road traffic has freely flowed to and from Hong Kong 24-7 through Huanggang border crossing. A new connection between Shenzhen and Zhongshan is scheduled to begin in 2015. It will consist of a number of bridges and tunnels running from Shenzhen's Bao'an International Airport past the Pearl River and on to Zhongshan- in eight-lane style. The Shenzhen Railway Station, along with other stations in town, link the city with the rest of China, and the Bao'an International Airport is a major hub of air freight as well as passenger transport.
If you are seeking to ship goods into or out of Shenzhen, China in the most economical and logistically-sound manner, consider contacting us to discuss your options. We have intimate knowledge of the area and know which shipping companies and practices work best to get your goods to their end-point undamaged, on-time, and for the lowest possible cost.
For comprehensive logistics solutions that fit your needs from Shenzhen to anywhere or, anywhere to Shenzhen.
Contact OTSFF®/ OTS® today. 1-800-668-4473 - Contact Us.