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INVEST IN BUILD A WINNING FUTURE

投资深圳 · 共赢未来2016

Add: 12/F, Great International Exchange Square, No1 Fuhua Road 1, Futian , Shenzhen Tel: (0086) 755-88107023 Fax: (0086) 755-88107008 E-mail: [email protected] CONTENTS / DIRECTOR GENERAL'S ADDRESS

INVEST IN Director General's Address SHENZHEN My dear friends, It is my to introduce Shenzhen, this wonderful city I so deeply love. Shenzhen is a city of miracles. In little more than thirty years, the people of Shenzhen have used their own hard work and foresight to turn what was once a fishing village of only thirty or forty thousand residents into BUILD A a modern cosmopolitan that is home to millions and boasts a beautiful environment and complete infrastructure and facilities.

WINNING FUTURE Shenzhen is a city of innovation. There is no better place on Earth to grow a business and accomplish one’s dreams. Shenzhen has fostered numerous well-known multinational enterprises that compete at the highest levels of the global market, such as , ZTE, , , , BYD Auto, BGI Genomics Institute, DGI, , and Kuang-Chi. Shenzhen is the first city in China to be named a National Self-Innovation Demonstration Zone, and as a rising international center of innovation, Shenzhen has accumulated an impressive number of talented personnel in both the high-tech and technical sectors.

Shenzhen is a vibrant city. Its youth, enthusiasm, inclusiveness, and diversity make it a favorite with China’s younger generations. Here, one is able to come in contact with nearly all of China’s local cultures, while still enjoying the most international of business environments. Those who come to Shenzhen are true masters of the city, because “once you’ve come, you’re a Shenzhener.”

Shenzhen is a green city. The metropolis lays between the mountains and the sea, and boasts a warm and comfortable climate. Shenzhen has approximately 260 kilometers of coastline, 911 parks, and green space that covers 45%of the , making it one of China’s most attractive cities.

Shenzhen is a city of opportunity. Already one of China’s most economically dynamic cities, Shenzhen is in the CONTENTS midst of vigorously developing its bay area economy as it works to become an important hub on the 21st century maritime . The municipality also aims to become a globally important center for science and technology innovation, financial services, advanced manufacturing, commercial/trade logistics, and fashion innovation. SHENZHEN ADVANTAGES OF Shenzhen neighbors , and is backed by the Delta cluster of cities, China’s largest 02 BASICS 03SHENZHEN consumer market. Here, one can move in lockstep with the world, and connect with a global audience. Shenzhen is also known by another remarkable name—Roc City (Rocs are enormous birds from Chinese and Persian mythology). I trust that we, like the Roc, will be able to spread our wings and fly towards fruitful KEY SPOTLIGHT cooperation and future success together. INDUSTRIES THE 10 16 & FREE TRADE ZONE Wang Youming Director General of Invest Shenzhen REFERENCES FOR A LIVABLE COMPANY’S CITY 20OPERATION EXPENSES 22

SHENZHEN ABOUT US 26 IN MY EYES 28 ADVANTAGES OF SHENZHEN SHENZHENBASICS ADVANTAGES OF GUANGMING HUI ZHOU SHENZHEN LONGGANG BAO'AN LONGHUA PINGSHAN

DAPENG YANTIAN NANSHAN LUOHU MACAO FUTIAN I NNOVATION QIANHAI

HONG KONG N ATURE

Geography Administrative divisions Shenzhen is a municipality located along the south coast of Shenzhen is a part of Province, and is one of the V ITALITY China in southern Guangdong Province. Shenzhen is bordered nation’s sub-provincial cities with separate planning status. by and to the east, and the mouth of the The municipality has six administrative districts (Futian, Pearl River and Bay to the west. The Shenzhen Luohu, Nanshan, Yantian, Bao’an, and Longgang) and four new (Sham Chun) River connects Shenzhen with Hong Kong to the districts (Guangming, Pingshan, Longhua, and Dapeng). south, while the municipality adjoins the cities of Dongguan E CONOMY and to the north. Shenzhen’s expansive maritime territory connects the Sea and the Pacific Ocean. S ERVICE

Area Population Climate Language 2 Shenzhen has a subtropical is the lingua T RANSPORTATION 1,996.78 km 11,378,700 maritime - franca, and and influenced climate that is English are also widely used. warm and pleasant, with plentiful precipitation, and an average annual temperature

of 23°C. 02 /03 ADVANTAGES OF SHENZHEN

INNOVATION NATURE

Shenzhen is a beautiful city. Located south of the at the boundary between the tropics and sub-tropics, the city boasts a warm and comfortable climate and approximately 260 kilometers of coastline, bestowing Innovation provides the lifeblood of Shenzhen’s economic development. Shenzhen was China’s first National it with a pleasant coastal ambiance. Shenzhen has 911 parks, and green space Innovative City, a member of the first group of National Intellectual Property Rights Model Cities, and the first covers 45% of the urban area, allowing for enjoyable metropolitan living. city to be named a Self-Innovation Demonstration Zone. In 2015, total investment from across all sectors of Shenzhen’s society into research and development represented 4.05% of the municipality’s GDP, a proportion Today, green low-carbon development has become a new feature of the city. rivaling that of South Korea. 13,300 PCT international patent applications were filed in 2015, 46.9% of the total Shenzhen is an advocate for reducing resource use and energy consumption number filed across all of China, and this marked the 12th consecutive year that Shenzhen accounted for to achieve higher quality economic results: Shenzhen’s energy and water approximately half of the entire nation’s PCT applications. consumption per 10,000 RMB of GDP both rank at the lowest (best) levels for ’s cities. Shenzhen’s PM2.5 concentrations are also low, placing Already known as “China’s ” and as a paradise for innovation and entrepreneurship, Shenzhen is the city at the forefront of 74 key cities nationwide for air quality, and first now also committed to forging itself into an international maker center, and its excellent reputation has attracted among Tier 1 cities. makers from around the world.

|| Shenzhen has been ranked first by Forbes China three times on its listing of Mainland China’s best cities for || Shenzhen is on the United Nation’s Environment Programme’s Global 500 Roll innovation. of Honour, and is the first “International Garden City” in China.

|| Advances in scientific research achieved in Shenzhen have been listed in Science and Nature magazines’ top 10 || Shenzhen has one of China’s “Eight Most Beautiful Coastlines”, and was global scientific breakthroughs of the year, and prominent scientists and technology specialists from the city have selected by the New York Times as one of 31 Places to Go worldwide. likewise been selected onto these publications’ top ten in science lists. || Shenzhen was selected as “one of the three most popular Mainland Chinese 04 || Shenzhen once again ranked #1 on the China Institute of City Competitiveness’s Top 10 Mainland Chinese Cities cities with foreign talent” by International Talent magazine. for Innovation 2015. /05 ADVANTAGES OF SHENZHEN

Shenzhen is a fantastically vibrant city. The average Shenzhen resident is 33 years old, and the large number of Shenzhen’s robust and comprehensive market economy make highly cultured people gathered here ensures that a love of learning and respect for science permeates the city. it the most “marketized” city in Mainland China. Shenzhen is proud of its fair market environment that gives full respect to 95% of Shenzhen’s population has moved to the city from elsewhere, and the resulting cultural exchanges have enterprise, and companies that make their home in Shenzhen given the city an open and inclusive character—the city’s residents have embraced the philosophy that“ once enjoy bright developmental opportunities. Shenzhen has led you’ve come, you’re a Shenzhener.” Shenzhen also boasts an innovative culture that encourages innovation and all cities in Mainland China for nine years consecutively in the does not stigmatize failure, and an entrepreneurial “innovate or perish” spirit. total number of its local enterprises listing on the SME and ChiNext boards of the Shenzhen . 270 of the Shenzhen enjoys an excellent reputation among university students, and is also one of the first cities chosen by world’s Global 500 enterprises have investments in Shenzhen. students returning from studies overseas to start businesses. In addition, a large number of foreign individuals and Hong Kong, , and Taiwan residents live and work in Shenzhen on a permanent basis. Over the past 30+ years, Shenzhen’s average annual GDP growth has been 25%, making it one of the world’s fastest || Shenzhen has been honored by UNESCO as a Global Model for The Promotion of Reading. developing cities, and allowing this former small fishing village to complete a metamorphosis, nearly overnight, into || Shenzhen has 1,209,000 registered volunteers, leading to the city being called a “City of Volunteers”; Shenzhen was also bestowed with the title “National Model City for Harmonious Community Building”, thanks in part to its one of China’s most economically developed . 668 community service centers. In 2015, Shenzhen’s GDP reached 1.75 trillion RMB, and the size of its economy continued to rank fourth among Mainland || Shenzheners collectively own more than 285,000 pianos, meaning there are more than 10 pianos owned for every 100 resident households, and the city is also known as a “Piano City.” China’s medium and large cities, with a per capita GDP of 158,000 RMB. ECONOMY VITALITY

|| Shenzhen continues to be China’s “most connected” city, was part of the first group of Broadband China model cities, and is a pilot city in the Information for the People programme.

|| On the Global Financial Centres Index (GFCI) list, Shenzhen ranked as the #23 city for finance worldwide, a category in which it placed second in Mainland China.

|| The United Kingdom’s Nature magazine listed Shenzhen as 06 one of the “10 Best Cities in China for Scientific Research”. /07 ADVANTAGES OF SHENZHEN

Shenzhen possesses an international deep water port and adjacent facilities, a large international airport, and the largest land port of entry in China. The municipality is also a hub of China’s highway, railway and passenger transport systems.

Shenzhen is part of the , a region that has infrastructure, equipment, and facilities unequaled elsewhere in the world. From Shenzhen, almost any part or piece of equipment needed for industry can be purchased with less than an hour’s drive, meaning that achievements in scientific research can be quickly transformed into innovative products. There is no appreciable distance between Shenzhen and the world’s most developed markets—the crossing with Hong Kong is open 24 hours a day, and Hong Kong airport is only an hour’s ride away. Products can be sent on their way to anywhere in the world within an hour of being manufactured and leaving the factory via the ports of entry/exit connecting Shenzhen and Hong Kong.

|| Shenzhen’s total volume of foreign trade and the total value of its exports both rank at the forefront of Mainland China’s large cities, and its exports have led the nation for 23 consecutive years.

|| In 2015, Shenzhen’s port handling capacity ranked third worldwide amongst container ports, and Shenzhen’s Bao’an International Airport was Mainland China’s fourth largest airport.

|| Foreign Direct Investment (FDI) magazine listed Shenzhen as one of its “10 -Pacific Cities of the Future”. SERVICE TRANSPORTATION

Shenzhen’s municipal government is one of China’s most efficient governments, and is an advocate for the establishment of law-abiding, honest government that aims to serve. The municipality has made full use of the legislative advantages conferred by its status as a special administrative zone to establish a fair, transparent, and relaxed business environment.

To further its goals of becoming more marketized, improving its law-based governance, and becoming more international, the city has exerted great efforts to promote numerous reforms, simplify and improve administrative procedures, and decentralize government. The city is known as a domestic leader for its reform of the commercial registration system and simplification of the procedures required for company incorporation, both improvements that have inspired an enthusiasm for entrepreneurship. Shenzhen already has 2.14 million commercial entities, and its total number of commercial entities and degree of entrepreneurship continue to rank first among medium and large cities nationwide.

|| : “Of the world’s more than 4,300 special economic zones, Shenzhen is the most successful”.

|| Shenzhen’s government was ranked first for law-abiding governance in China in the Assessment Report on China’s

Law-Abiding Government 2015. 08

|| Shenzhen ranked first on the China Studies Centre’s (Washington D.C.) list of China’s 100 best municipal governments. /09 KEY INDUSTRIES

In 2015, Shenzhen’s high-tech industry achieved 584.791 billion RMB in value added industrial output, representing growth of 13.0%. The number of Shenzhen’s national-level high tech KEY enterprises reached 5,524, constituting approximately half of the number of these enterprises 01/ in all of Guangdong Province. Shenzhen’s high-tech industry is already quite large, and features HIGH-TECH a cluster of enterprises spread throughout a variety of high-tech sectors, of which electronic INDUSTRY information is the most prominent. This has allowed Shenzhen to become an important center INDUSTRIES within China for converting successes in high-tech research into successful industrial products. Major industrial parks/zones for the high-tech industry include the Shenzhen High-Tech Industrial Park, the Shenzhen Software Industry Base, and Shenzhen Cloud Park. Well-known representatives of the local high-tech industry include Huawei and ZTE.

Shenzhen is one of China’s main financial centers, and boasts some of China’s most complete financial market mechanisms and most dynamic cross-border RMB services, in addition to being one of China’s most welcoming cities for innovation. In 2015, the value added industrial output of Shenzhen’s financial services industry was 254.282 billion RMB, representing growth 02/ of 15.9%, and constituting 14.5% of GDP. This gave Shenzhen one of the highest financial FINANCIAL industries to total GDP ratios amongst Mainland China’s cities. INDUSTRY

Shenzhen ranks third nationally in total financial assets, local and foreign deposit balances, and loan balance, and is home to 46,000 VC/PE institutions, with registered capital in excess of 2.7 trillion RMB. Districts home to high numbers of financial service enterprises include Shenzhen’s industrial structure is one of its most valuable competitive strengths. Futian, Luohu, and the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation The municipality has already completed the most crucial phases of its work in Zone of Shenzhen. This Qianhai zone will serve as a national pilot demonstration ‘window’ for creating a tiered, modern industrial system, one in which Strategic Emerging the relaxation and opening of policies governing foreign participation in the financial industry. Industries and Modern Service Industries continue to consolidate their role as the Two of the better known Shenzhen-based financial enterprises are China Ping An and China dual engines driving the economy. This system also places great importance on Merchants Bank. Industries of the Future, which have been fast tracked for development, and on having Traditional Industries undergo an orderly transformation to better adapt to modern market conditions, which they are currently in the process of doing. Shenzhen is one of China’s leading cities for logistics, and its logistics industry produced 178.270 billion RMB of value added industrial output in 2015, representing growth of 9.4%. Shenzhen The high-tech, logistics, financial, and cultural industries are the four pillars of currently has over 17,000 logistics enterprises, almost 10 of which have operating revenue in Shenzhen industry, and serve as sturdy supports for Shenzhen’s economy. These 03/ excess of 10 billion RMB, and also is the home of 6 publicly listed logistics enterprises. Over 80% industries had combined value added industrial output of 1.119459 trillion RMB in MODERN LOGISTICS of management companies nationwide have their headquarters in Shenzhen, and 2015, realizing stable growth. INDUSTRY more than 60 famous international logistics enterprises have operations in Shenzhen, including America’s UPS, Germany’s Lufthansa, Denmark’s Maersk, and Cainiao. Some of Shenzhen’s Biology (bioindustry), new energy, the Internet, new materials, next generation major industrial parks for the logistics industry include the Qianhai Bay Bonded Logistics Park, information technology, energy conservation and environmental protection, and the the Yantian Logistics Park, the Da Konggang Aviation Logistics Park, the Logistics Park, cultural and creative industries are Shenzhen’s seven major Strategic Emerging and the Huanan Logistics Park. Well-known Shenzhen-based logistics enterprises include S.F. Industries, and have already become leading drivers of its . In Express and Eternal Asia. 2015, the size of Shenzhen’s strategic emerging industries reached 2.3 trillion RMB, with value added industrial output of 700.348 billion RMB. This represented growth of 16.1% and constituted 40.0% of Shenzhen’s GDP.

In addition, and in order to complete its tiered industrial structure, the Shenzhen government has listed life science and wellness, aerospace, the marine industry, robotics, wearable devices, and smart equipment/devices as Industries of the 10 Future and focuses of developmental efforts. In 2015, the size of these Industries of the Future exceeded 400 billion RMB, and they have already become of

growth. /11 KEY INDUSTRIES KEY INDUSTRIES

Shenzhen, a member of the first group of National Bioindustry Bases in China, is now home Shenzhen’s new materials industry features a complete industrial framework, and key sectors to a large gathering of bioindustry enterprises. The municipality’s biomedical engineering of the industry, such as electronic information materials, new energy materials, biological and biopharmaceutical sectors are domestic leaders, and fields such as advanced biomedical materials, energy saving construction materials, graphene nanomaterials, and metamaterials, 04/ engineering, gene sequencing and bioinformatics, and cell therapy have ascended to leading 08/ are all thriving. In 2015, Shenzhen’s new materials industry produced value added industrial BIO-INDUSTRY positions worldwide. Shenzhen’s biology (bio) sector already features 300 innovative entities NEW MATERIALS output of 32.924 billion RMB, representing growth of 11.3%. Major industrial parks for the spread across many fields and levels (21 of these are national-level enterprises/entities). In INDUSTRY industry include the Guangming Electronic Communication Materials and Pingshan Power 2015, the value added industrial output of Shenzhen’s bioindustry was 25.468 billion RMB, Cell Materials centers. Some of Shenzhen’s key local enterprises in the new materials industry representing growth of 12.4%. Major industrial zones/parks for the bioindustry include include CSG Holding Co., Ltd., the Kuang-Chi Institute of Advanced Technology, and BTR. Shenzhen International Biovalley, Shenzhen High-Tech Industrial Park, and Shenzhen Biomedicine Innovations Industrial Park. Chipscreen and Mindray are two of Shenzhen’s better known local enterprises in bioindustry. The next generation information technology industry is a leading driver of Shenzhen’s economic growth and industrial transformation. China’s top ten electronic information enterprises have Shenzhen has one of the largest new energy industries among China’s large and medium-size their headquarters or regional headquarters in Shenzhen, and Shenzhen has already become cities, and boasts a complete new energy industry chain that covers everything from equipment an important manufacturing, R&D, export, and logistics base for China’s IT industry. In 2015, 09/ manufacturing to energy services. Key sectors such as nuclear energy, solar energy, bioenergy, Shenzhen’s next generation information technology industry attained value added industrial NEW GENERATION 05/ and all-electric cars are growing extremely quickly. In 2015, Shenzhen’s new energy industry INFORMATION output of 317.307 billion RMB. This represented growth of 19.1%, and marked yet another year NEW ENERGY attained value added industrial output of 40.587 billion RMB, representing 10.1% growth. Main in which the industry’s speed of growth was more than twice that of GDP for the same period. TECHNOLOGY INDUSTRY industrial parks/zones for the new energy industry include Pingshan New District New Energy Shenzhen Software Industry Park, Shenzhen Bay Eco-Technology Park, and Banxuegang INDUSTRY Automobile Industry Base, and the Longgang District New Energy Industry Base. Representative Science and Technology Town are some of the next generation information technology industry’s local enterprises engaged in new energy include BYD Auto, and Shenzhen Energy. primary industrial parks in Shenzhen. Representative local IT enterprises include Huawei, ZTE, and Hytera.

Shenzhen was one of China’s first cities to develop its Internet industry. A collection of cutting- edge enterprises, led by Tencent, has been fostered in Shenzhen, and the municipality has already become a major center and gathering place for China’s Internet industry. “Internet +” is a concept in wide use throughout Shenzhen’s various economic sectors, having penetrated 06/ into government, community services, finance, manufacturing, and business, among other INTERNET INDUSTRY fields(“Internet+ refers to using the Internet to advance work in other field). In addition, Shenzhen was part of the first group of cities approved to establish themselves as National E-Commerce Model Cities.

In 2015, Shenzhen’s Internet industry’s value added industrial output was 75.606 billion RMB, representing growth of 19.3%. Major industrial parks/zones for the Internet industry include Shekou Net Valley, Futian International E-Commerce Park, and the Shenzhen Bao’an Internet Industry Base. Tencent and Thunder Networking Technologies are two of Shenzhen’s many well-known local Internet enterprises.

Shenzhen was the first Chinese city to establish a “culture-based city” strategy, and it has pioneered the exploration of many new growth models, including “culture+ science and technology”, “culture + finance”, “culture+ tourism”, etc. In 2015, Shenzhen’s cultural and 07/ creative industry enjoyed value added industrial output of 175.714 billion RMB, growth of CULTURE AND 13.1%. Shenzhen was the first city nationwide to receive the title of “City of Design” from CREATIVE UNESCO. Design sectors such as industrial design and graphic design are in the vanguard INDUSTRY of the nation, and Shenzhen enterprises have led China for four consecutive years in their

number of iF international design awards received. Major industrial parks for the cultural and 12 creative industry include Shenzhen National Cartoon & Animation Industry Base, Shenzhen (Tianmian) “City of Design” Creative Design Industrial Estate, and the Sino-Finnish Design

Park. Representative local cultural and creative enterprises include Fantawild Holdings Inc and /13 Newplan. KEY INDUSTRIES

Shenzhen’s aviation industry’s achievements have been quite striking, and Shenzhen’s aviation sector possesses an industry framework that already spans numerous fields (including airworthiness certification research and development, aviation electrical parts, aircraft 13/ equipment modules, drones, and airport ground installation manufacturing). The municipality’s AEROSPACE INDUSTRY space industry has also begun to reach impressive heights: Shenzhen is already an important R&D and manufacturing base for micro-satellites, satellite navigation component parts and end equipment, among other fields. Industrial parks/zones that serve as primary homes to the aerospace industry in Shenzhen include the Shenzhen Nanshan Aviation Electronics Industrial KEY INDUSTRIES Park and the Northwestern Polytechnical University’s Aviation Production Base. Well-known local aerospace enterprises include DJI Innovations, AVIC International Industrial Holding, and Shenzhen Zero (Xiro).

Shenzhen has relied on its advantages in traditional infrastructure and equipment, ever- improving upstream research and developmental abilities, and mature downstream Shenzhen has set building itself into an important energy conservation and environmental consumption markets to create a “closed loop” for its robotics industry chain. Shenzhen’s 14/ enterprises are leaders domestically in producing technology in fields such as system protection base and center of innovation as an important goal, and the municipality is a leader ROBOTICS INDUSTRY domestically in fields such as high efficiency energy conservation (high efficiency motor fans, integration, controllers, servers, multi-sensor fusion, signal processing, and -machine 10/ energy control and conservation, etc.), advanced environmental protection (environmental interaction. Examples of such technical proficiency include ’s robot bodies, Rapoo’s ENERGY monitoring, wastewater treatment, etc.), and resource recycling (waste-to-energy (WtE), system integration, Inovance’s servers, and Googol’s controllers. CONSERVATION AND electronic waste recycling, etc.). In 2015, the energy conservation and environmental protection ENVIRONMENTAL industry had value added industrial output of 32.742 billion RMB, representing growth of 12.0%. Shenzhen has already become China’s largest wearable device R&D and manufacturing PROTECTION Major parks/zones for the industry in Shenzhen include the International Low-carbon Town base. With a complete industry chain featuring everything from sensors and flexible parts INDUSTRY and Guangming New District LED Industry Park; well-known local enterprises include Das to interactive solutions, and a group of enterprises that are domestic leaders in producing Intellitech, Techand, and Dongjiang Environment. wearable devices such as smart watches and health devices, new products and new industry 15/ trends are continuously appearing in Shenzhen. Shenzhen is the largest gathering site of WEARABLE DEVICE INDUSTRY Shenzhen’s life science and wellness industry features a group of enterprises with strong wearable device enterprises in China, with more than one thousand of these enterprises calling competitive abilities and relatively high market shares. Life science and wellness enterprises the municipality home. Shenzhen’s wearable device industry’s support structure and degree of enjoy good developmental foundations and industrial advantages in Shenzhen, and the maturity are not frequently seen elsewhere in the world, and enterprises such as Huawei and 11/ municipality is home to a pioneering cluster of enterprises in the field. The value of Shenzhen’s , and the products they produce, have already assumed leading positions not only in LIFE SCIENCE AND life science and wellness industry’s output has already exceeded 30 billion RMB, and it ranks China, but across the world as well. HEALTH CARE first in the world in its next generation sequencing abilities. Biomedical industry sectors such INDUSTRY as stem cells, cancer cellular immunotherapy and gene therapy have established sturdy Shenzhen is already a leader in China’s smart equipment/device manufacturing industry, with developmental foundations, with a portion of these fields having attained internationally leading an annual output value of approximately 500 billion RMB. The municipality is a domestic industry positions. Shenzhen’s life science and wellness industry is centered in industrial parks/zones leader for automatic laser welding equipment and PCB circuit board 3D testing equipment. such as Shenzhen International Biovalley and Shenzhen International Low-carbon Town. Two of 16/ Shenzhen has also witnessed major research and manufacturing breakthroughs for patient/ Shenzhen's famed local enterprises in the industry are BGI and Beike Biotechnology. SMART medical monitoring instruments. Examples include BGI obtaining the first two approvals in EQUIPMENT/DEVICE China for second generation genome sequencers, and Edan successfully bringing the nation’s INDUSTRY first self-developed blood-gas biochemical analyzer to market. Shenzhen has already completed the initial stages of building its modern marine industrial system, which is comprised of three main sectors—maritime transportation and carriage, offshore oil and gas, and coastal tourism—that are aided immensely by Shenzhen’s unique geographical and economic positioning. These are supplemented by such emerging 12/ marine industry sectors as marine electronic information, marine biology, and high-end MARINE INDUSTRY marine equipment. Shenzhen is also currently forging itself into a National Model City for the Development of the Marine Economy and Marine Science. China Merchants Holdings

(International) Co., Ltd. and China International Marine Containers (Group) Co., Ltd. are two of 14 the Shenzhen marine industry’s well-known local enterprises. /15 SPOTLIGHT THE QIANHAI & SHEKOU FREE TRADE ZONE

The China (Guangdong) Pilot Free Trade Zone's Qianhai & Shekou Area of Shenzhen has a planned area of 28.2 square kilometers, SPOTLIGHT distributed between the Qianhai and Shekou subareas. Qianhai is located on the east bank of the Pearl River on the western side of the Shekou peninsula, and the Qianhai plot has a land area of 14.92 square kilometers. Qianhai is blessed with a favorable geographical location close to Hong Kong and THE QIANHAI Shenzhen’s two international airports and two large international ports. Qianhai is the nation’s only Shenzhen- Hong Kong Modern Service Industry Cooperation Zone. & SHEKOU On April 27, 2015, the Shenzhen Qianhai & Shekou Area of the China (Guangdong) Pilot Free Trade Zone was officially launched. As part of this development, Qianhai is to serve as a showcase for the combination of three major national strategies— “Shenzhen- Hong Kong Cooperation”, “One Belt-One Road”, and China’s free FREE TRADE ZONE trade pilot zones.

As of the end of February 2016, there were 83,400 enterprises that already call the Qianhai & Shekou Free Trade Area home, and these have a combined registered capital of 3.7 trillion RMB. Finance, modern logistics, information services, science and technology services and other specialized services have been fast-tracked for development in Qianhai. There are already 19 transaction platforms based in the Zone, as well as 98 licensed financial institutions. 16 /17 SPOTLIGHT THE QIANHAI & SHEKOU FREE TRADE ZONE

PREFERENTIAL POLICIES FOR QIANHAI

The State Council has already approved 22 advance trial policies to be implemented in 6 major sectors (finance, taxation, law, talent, education, medicine, and telecommunication) in Qianhai.

FINANCIAL FISCAL TAXATION EDUCATION AND MEDICINE TELECOMMUNICATIONS

Advance trials will be carried out to achieve innovation and Tax reductions and exemptions will be granted (business tax, Support will be provided for the opening of pilot cooperation Support will be provided for the construction of a special reform in the financial sector. These will include the launch enterprise and individual income tax, etc.) to enterprises that programs between Shenzhen and Hong Kong in areas such international telecommunication channel, to meet of services in areas such as the repatriation of RMB to China qualify in terms of their industry/sector and other preferential as education and medicine. For example, allowing Hong the international telecommunication service needs of from financial activities abroad, Hong Kong offshore RMB conditions. For example, collection of enterprise income tax Kong service providers to establish wholly owned hospitals Qianhai’s enterprises. Support will also be provided for services, cross-border RMB service innovation, overseas will be reduced to 15% for qualifying Qianhai enterprises. and international schools (among other projects) in Qianhai the establishment of joint ventures and the operation of project RMB lending, RMB bonds, new transaction platforms, following approval. telecommunication services between Hong Kong and and financial headquarters. Macau telecommunication operators and Mainland China telecommunication operators pursuant to CEPA. Finally, feasibility studies will be conducted regarding the formulation of preferential telecommunication billing plans and in other LEGAL SYSTEMS TALENT PROFESSIONALS areas.

It has the SCIA (South China International Economic and Trade Qianhai will feature the construction of a special zone Arbitration Commission, also known as the Shenzhen Court beneficial to Shenzhen and Hong Kong talented professionals of International Arbitration), the first commercial arbitration that: permits expert personnel who have been licensed/are institution across Guangdong, Hong Kong and Macao, which qualified in Hong Kong to directly provide services in Qianhai; provides independent and impartial comercial dispute permits Hong Kong specialists who have obtained Certified resolution services for foreign investors and promotes an Accountant qualifications in China to serve as partners in international legal environment. Mainland Chinese accounting firms; creates a convenient

working and living environment for all types of talented 18 personnel. /19 REFERENCES FOR COMPANY'S OPERATION EXPENSES

REFERENCES FOR COMPANY’S REVIEW AND APPROVAL PROCEDURE OPERATION EXPENSES FOR FOREIGN-FUNDED ENTERPRISES

1 Prepare and submit materials according to the Foreign-funded Enterprise Incorporation Instructions.

2 Obtain approval of name from the Market Supervision Administration of Shenzhen Municipality.

3 Pass review and approval by the Economy, Trade and Information Commission of Shenzhen Municipality or by the economic promotion (service) bureau of each district, and acquire RENT FOR OFFICE SPACE SALARY STANDARD approval and issuance of the Foreign Invested Enterprise Approval Certificate. Shenzhen’s minimum salary IN KEY AREAS 4 Collect Business License after its approval and issuance by the Market Supervision Average rent in Shenzhen’s Grade Administration of Shenzhen Municipality. A office buildings 5 Pass review and approval for industry-specific administrative licenses. ¥ 215 /m2 ¥ 2,030 / Month

PRICE OF INDUSTRIAL-USE WATER Price of water for Price of Industrial-use Wastewater treatment commercial, service, Wastewater treatment REVIEW AND APPROVAL PROCEDURE water fee and construction fee FOR DOMESTIC FUNDED ENTERPRISES industries

¥ 3.35 / 3 ¥ 1.05 / 3 ¥ 3.35 / 3 ¥ 1.20 / 3 m m m m 1 Prepare materials according to the Domestically-funded Enterprise Incorporation Procedural Guide.

2 Obtain approval of name from the Market Supervision Administration of Shenzhen Municipality.

PRICE OF INDUSTRIAL-USE ELECTRICITY 3 Collect Business License after its approval and issuance by the Market Supervision Administration of Shenzhen Municipality. Price for ordinary industrial and commercial industries and other industries 4 Pass review and approval for industry-specific administrative licenses. during peak periods during normal periods during low-use periods ¥ 1.1795 / kwh ¥ 0.8923 / kwh ¥ 0.3719 / kwh 20 /21 A LIVABLE CITY

Education Talented Professionals Shenzhen has a total of 2,196 schools (including nursery Shenzhen enjoys an excellent reputation among university schools) spanning all levels of study, with more than 1,876,800 students, and is also one of the first cities chosen by students A students in attendance and over 163,100 faculty and staff. returning from studies overseas to work and start businesses. In terms of international education, Shenzhen currently has Shenzhen has attracted a total of 33 innovation teams as part 7 international schools, 2 schools for the children of Hong of the “Pearl River Talent Plan”, 63 innovation teams as part Kongese, 1 school for Taiwanese business people. There are of the “Peacock Plan”, and over 18,000 talented overseas also more than 5,000 foreign students studying in Shenzhen. returnees. There are 13 academicians working full time in Shenzhen, 154 members of the Recruitment Program of Shenzhen has developed extraordinarily quickly in recent LIVABLE Global Experts, and 916 experts receiving special government years on the and alternative education subsidies. As of the end of 2015, Shenzhen had a total of 5,652 fronts. The Tsinghua-Berkeley Shenzhen Institute has certified high-level specialists. In addition, Shenzhen currently officially begun admitting students, while Shenzhen BIT- has a total of 1.353 million special technical experts, and 2.86 MSU University (established between Institute of million special technicians, of which 690,000 are high-grade Technology and Lomonosov State University) and Sun technicians. CITY Yat-sen University’s Shenzhen campus have been approved for construction. Alternative school construction has been fast tracked, with construction accelerated for 10 alternative education schools, including a joint university established by the University of Queensland and University.

Culture Shenzhen boasts a complete set of public benefit and cultural installations, and an excellent and diverse array of arts and literary performances and activities. A cultured and learned spirit is present everywhere in the city, and the high arts and popular culture thrive beside one another. Shenzhen has already completed 45 museums at the district -level or above, 14 art museums (of which the Art Museum is a national-level art museum), 620 libraries, 381 cultural squares, and 100% of the population has access to radio and television broadcasts. There are a variety of cultural and art activities throughout the calendar year, including Reading Month, the ICIF Arts Fair, music festivals/events, and more. 22 /23 A LIVABLE CITY

Transportation Shenzhen possesses a comprehensive, “3D” transportation network. Shenzhen’s public transportation carries an average of more than 10,000,000 rides per day, and a public transport stop can be found within 500 meters of almost anywhere in the municipality. Shenzhen has released cell phone e-station apps that provide real-time information on public transport routes. An average of 1,071,600 rides are taken on Shenzhen’s taxis per day, and the municipality’s 5 subway lines carry an average of more than 3,000,000 passenger rides per day. Shenzhen is an advocate for green, healthy travel, and 22,900 Medicine public bicycles have been put into use. Shenzhen has already constructed a complete three tiered public health network consisting of healthcare institutions at the Municipal, District (neighborhood), and Community Health Center levels. There are a total of 2,985 medical and health institutions throughout the whole municipality, and there are also 3.4 hospital/clinic beds for every 1000 permanent residents, and 2.6 Tourism doctors for every thousand people. Residents can reach the closest medical institution for aid and treatment with no more than With all the features of a modern , a 10 to 15 minute walk. Numerous “Internet + Medicine” models have appeared in Shenzhen, and mobile Internet medical app Shenzhen is a famous tourist destination within platforms have become a part of the lives of Shenzhen residents. In 2015, almost 15 million appointments were made in the China, and has been selected as a “Top Tourist Shenzhen area on Shenzhen’s unified online appointment platform, allowing Shenzhen to lead all Chinese cities in the number of City of China” by the Chinese government. There online appointments registered. are more than 100 tourist attractions (areas) of various types throughout the municipality, including theme parks, natural scenic areas, coastal beaches, and more. In 2015, Shenzhen welcomed 116,300,000 visitors, an increase of Shenzhen is in the midst of steadily improving its public 7.65% YOY, and providing the entire municipality exercise services, and is putting great efforts into improving with a total of 124.480 billion RMB in tourism the physical health of city residents. The city’s competitive revenue, up 14.03% YOY. Shenzhen continued sports scene has advanced greatly, and many Shenzhen its streak of many years of leading all large athletes have won prizes at major domestic sporting and medium cities nationally in the number of competitions. In 2011, Shenzhen successfully hosted the foreign visitors entering the country and staying 26th world Summer . Shenzhen boasts 5,000 overnight. sports volunteers, and many public exercise activities have been held by the municipality, including the successful organizing of National Fitness Day, City Jogging Day, a Fitness Activity Month , the 100 km Walk Across Shenzhen, and other activities. Public participation has been high in these activities. In addition, ATP/WTA international tennis open competitions and other high-level competitions have been brought to the city, and annual events held in the municipality

include the China Cup International Regatta and the Shenzhen 24 International Marathon. /25 SHENZHEN IN MY EYES

SHENZHEN IN MY EYES

"Shenzhen is a city with a bright future, and I hope that “ Shenzhen is filled with more energy and innovative the State of Michigan can become the closest of partners abilities than ever before. This especially shows itself in the with Shenzhen. We hope to begin active cooperation with financial industry, and Shenzhen is undoubtedly a new rising Shenzhen in more areas, to allow even more cooperative star in the financial world.” projects to be realized."

Michigan(US) Governor 686th Lord Mayor of (England) "Shenzhen is a clean and green city. The entire city’s "Is there another place like Shenzhen, a city that is a Rick Snyder Fiona Woolf layout and architecture really gives one a sense of design, testament to the importance of both building a road to and of obvious energy and individuality. Shenzhen is a sustainable development and implementing structural deeply memorable and moving city that is developing in a reform? Through my research of Shenzhen, I’ve discovered sustainable direction, and is one I’ll never forget. I’d like to a string of processes and achievements that showcase the give my most sincere well-wishes to the people of Shenzhen." Municipality’s striking economic performance."

Director-General of UNESCO Chairman of the World Free Zone Convention Irina Bokova Graham Mather

"Shenzhen’s recent years have been really amazing. Part "Shenzhen has played an extremely important role in the of this is of course due to the birth of enterprises such as world of makers. Shenzhen’s maker industry is extremely Huawei and Tencent in Shenzhen, but even more is owed to ‘hot’, and the city offers a very welcoming atmosphere for Shenzhen’s infrastructure for hardware development, which makers. Shenzhen is the first place that comes to mind when is unparalleled anywhere else in the world. In the future, I think of entrepreneurship." it is very possible that numerous amazing smart hardware "Each day seems to bring something new for Shenzhen’s "Shenzhen is China’s first special economic zone, and has devices will be created in Shenzhen. Microsoft has specially reform, development, and city building. I welcome achieved enormous developmental successes in just the last built a very large team in Shenzhen, and hopes to integrate Shenzhen’s involvement in the Boao Forum for Asia, and 35 years. It is an excellent reflection of China’s reform and together hardware, operating systems and cloud services to welcome Shenzhen’s establishment of special activities and development, and has also provided an outstanding example achieve even better development in Shenzhen in the future." processes that better showcase the Special Economic Zone’s and reference for Fiji’s development." developmental achievements and city character, to promote Microsoft Senior Global Vice President IDG Global Executive Vice-President exchange and cooperation between major international Shen Xiong Xiaoge cities."

Secretary General of the Boao Forum for Asia Prime Minister of Fiji 26 Zhou Wenzhong Josaia Voreqe Bainimarama /27 ABOUT US

Invest Shenzhen is the organization assigned by the municipal government with the task of attracting investment. Invest Shenzhen’s tasks are to promote and consolidate Shenzhen’s investment environment and business advantages, and the agency is committed to bringing in investment projects and teams of talented professionals that match the city’s positioning and industry policies. Invest Shenzhen is also dedicated to providing premium and professional government services for investors and aiding both domestic and overseas enterprises’ growth in Shenzhen—Invest Shenzhen is the “first stop” for investors coming to Shenzhen.

OUR SERVICES 1. Providing information on the investment environment and industry-supporting policies;

2. Assisting investors in coming to Shenzhen to begin their field investigations/fact gathering, aiding investment negotiations, and other activities;

3. Introducing suitable domestic or overseas partners for investments and promoting project cooperation between enterprises;

4. Whole process follow-up services for major investment projects, and providing professional consulting, preferential Invest in Shenzhen application and corporate site selection services; Build a winning future 5. Providing high-quality services, and much else, to aid the successful growth of outside investors’ undertakings in Shenzhen.

CONTACT US

Invest Shenzhen European Office www. investshenzhen.gov.cn www. investshenzhen.gov.cn Add: 12/F, Great China International Exchange Square, No1 Brussels Fuhua Road 1, , Shenzhen Tel: (0032) 483-430-328 Tel: (0086) 755-88107023 / Fax: (0086) 755-88107008 E-mail: [email protected] E-mail: [email protected] [email protected]

North American Office Japanese Office www.shenzhenoffice.org www.shenzhenoffice.jp Tel: (001 626) 796-0088 / Fax: (001 626) 796-0688 Tel: (00813) 5733-2244 / Fax: (00813) 3432-5333 E-mail: [email protected] E-mail: [email protected] [email protected] [email protected] New York Australian Office Tel: (001 212) 968-1888 / Fax: (001 212) 898-0490 www.seto.org.au E-mail: [email protected] Sydney Tel: (0061 2) 9411-2388 / Fax: (0061 2) 9411-7959 E-mail: [email protected] [email protected]