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This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.
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CGTN published this video item, entitled “2020/10/15 Shenzhen: 40 years on” – below is their description.
For more: https://www.cgtn.com/video Southern China’s Shenzhen marks 40 years since it became a special economic zone, the spark of the nation’s opening-up, in 2020. A tribute took place in the city on Wednesday, with Chinese President Xi Jinping laying out his vision for the city’s future. Xi called on Shenzhen to keep contributing to the nation’s journey to become a strong modern socialist country. In 1978, China decided to pursue reform and opening up, and two years later, the Shenzhen Special Economic Zone came into being – a magnet for direct foreign investment and cross-border trade. Now, with a population of over 12 million, it’s home to several big Chinese tech companies – including Huawei, Tencent, and ZTE. Bordering Hong Kong, it is part of the China Greater Bay Area development plan, which connects key cities in southern China. So what makes Shenzhen so attractive? What risks and opportunities lie ahead for this “miracle” city?CGTN YouTube Channel
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Hong Kong, officially the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR), is a metropolitan area and special administrative region of the People’s Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world.
Hong Kong became a colony of the British Empire after the Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898. The whole territory was transferred to China in 1997. As a special administrative region, Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of “one country, two systems”.
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