深中通道开通前后深圳迁入中山企业增速超200%｜海丝报告

Core Insights - The opening of the Shenzhen-Zhongshan Channel has significantly reduced logistics and commuting costs, leading to a notable increase in corporate migration within the Guangdong-Hong Kong-Macao Greater Bay Area [1][2] - In the first quarter of 2024, the net inflow of companies migrating from Shenzhen to Zhongshan reached 168, representing a year-on-year increase of over 200% [1][4] - The migration patterns indicate a structural net outflow of companies from Zhongshan, with a total loss of 22 companies, primarily influenced by the real estate sector and industrial transformation [4][5] Group 1: Corporate Migration Trends - In the first quarter of 2025, 191 companies migrated out of Zhongshan, with the majority relocating to nearby cities such as Guangzhou (69), Foshan (33), and Shenzhen (24) [3] - The report highlights that the migrating companies are predominantly small and medium-sized enterprises, mainly in the construction and scientific research sectors [2][4] - The migration to Guangzhou is driven by factors such as better geographical location, lower tax burdens, and improved transportation systems [3] Group 2: Inflow of Companies to Zhongshan - A total of 172 companies migrated to Zhongshan in the first quarter of 2025, with 90% coming from nearby cities, indicating a strong regional integration strategy [4] - The majority of incoming companies are small enterprises, primarily in the wholesale, retail, and construction sectors [2][4] - The influx of companies from Shenzhen to Zhongshan reflects a favorable business environment and the advantages provided by the Shenzhen-Zhongshan Channel [4][5]