2 1 Shi Ji Jing Ji Bao Dao·2025-08-26 11:05Core Insights - Shenzhen has transformed from a small city with a population of 332,900 in 1980 to a bustling metropolis with 17.99 million residents in 2024, showcasing a remarkable GDP growth rate of 18.8% annually over 45 years [1][2][12] - The city has evolved into a hub for innovation and entrepreneurship, attracting diverse talents from across the globe, including engineers, scientists, and entrepreneurs [1][2][25] Population and Economic Growth - Shenzhen's population grew from 332,900 in 1980 to 17.99 million in 2024, with per capita GDP increasing from 835 yuan to 205,700 yuan [1] - The city has seen a significant increase in the educated workforce, with the number of residents holding a college degree rising from 17,644 per 100,000 in 2010 to 22,668 in 2015 [12] Entrepreneurial Success Stories - Notable companies like DJI and BYD have emerged from Shenzhen, with DJI capturing over 70% of the global drone market and BYD becoming a leader in the electric vehicle sector [14][19] - The success of companies like Lixun Precision, which is set to be one of the largest IPOs in Hong Kong, highlights the city's role as a breeding ground for high-value enterprises [4] Innovation and Technology Development - Shenzhen has become a center for high-tech innovation, with significant investments in R&D, exemplified by Huawei's investment of over 240 billion yuan (approximately 37 billion USD) from 2005 to 2015 [11] - The city hosts numerous high-tech enterprises, with over 74,000 companies in the AI and robotics sectors, contributing to a total output value exceeding 200 billion yuan [25] International Expansion - Shenzhen's companies are increasingly focusing on international markets, with brands like Transsion and Insta360 achieving significant global presence [14][15] - The city's export of high-end products, including lithium batteries and electric vehicles, has seen substantial growth, with lithium battery exports increasing by 37.9% [18] Educational and Research Institutions - The presence of top-tier universities and research institutions in Shenzhen fosters a strong innovation ecosystem, attracting talent and facilitating technology transfer [20][24] - Initiatives like the "Entrepreneur Star" competition and government support for startups have further enhanced the entrepreneurial landscape [11][18] Future Outlook - The focus on emerging fields such as artificial intelligence and robotics positions Shenzhen as a leader in the next wave of technological advancement, with a commitment to nurturing talent and innovation [19][25] - The city's unique blend of resources, talent, and supportive policies continues to attract new entrepreneurs and innovators, ensuring its status as a global innovation hub [26]