40 Years of Reform and Opening-up in Shenzhen. From Fishing Village to Metropolis. Great changes began in 1978 when China decided on its policy of reform and opening up. Shenzhen Special Economic Zone was officially established on August 26, 1980.
The population of Shenzhen was 170,000 in 1970 and now exceeds 13 million. Shenzhen’s GDP will officially surpass Hong Kong in 2018. In the first three quarters of 2018, Shenzhen’s GDP reached 1.75 trillion yuan, while Hong Kong’s GDP reached 1.73 trillion yuan in the same period.
In 2018, our city’s GDP forecast ranking is top 3 as follows:
1: Shanghai GDP 3370.779 billion
2: Beijing GDP 3071.158 billion
3: Shenzhen GDP 2544.364 billion