2020/10/15 Shenzhen: 40 years on

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?

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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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