This month Shenzhen will mark 40 years since being designated as China’s first Special Economic Zone. The historic decision has transformed the city into a model economy not only for other parts of the country, but for other regions around the world. Often referred to as China’s Silicon Valley, Shenzhen has been and continues to be the foundation for technological innovation. It’s home to global industry leaders such as Huawei, Tencent and DJI. Join CGTN’s Omar Khan in a 45-minute roundtable discussion as he hears from Hong Kong investors, academics and entrepreneurs on what kind of opportunities Shenzhen presents for people from both China and abroad. #Shenzhenat40
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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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In This Story: Hong Kong
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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In This Story: Huawei
Huawei Technologies Co., Ltd. is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, and sells telecommunications equipment and consumer electronics.