Hong Weimin, principal liaison officer for Hong Kong, Shenzhen Qianhai Authority, said Shenzhen is a maker’s paradise that is more powerful than Silicon Valley. The manufacturing industry in the cities surrounding Shenzhen is extremely well developed, and it is possible to find suppliers to make products at low cost in a short period of time. At the same time, Shenzhen has a large number of private enterprises, such as Huawei, ZTE, BYD and Tencent. He believes that this is mainly attributable to the incentives taken by the Shenzhen government to provide certain preferential policies to outstanding enterprises.
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