Core Insights - Shenzhen celebrates its 45th anniversary, marking its continuous commitment to reform and opening up, symbolized by the successful test flight of the third runway at Shenzhen Bao'an International Airport [2][3] Economic Performance - Shenzhen's GDP is projected to grow at an average rate of 5.5% from 2020 to 2024, reaching 3.68 trillion yuan, with a per square kilometer output of 1.84 billion yuan [3] - The city has achieved an impressive average annual compound growth rate of 10.2% in foreign trade over the past five years, surpassing the national average by 2.1 percentage points [3] - In 2024, Shenzhen's total import and export volume is expected to reach 4.5 trillion yuan, solidifying its position as "China's Foreign Trade Capital" [3] Foreign Investment - Over the past five years, Shenzhen has established 33,000 new foreign-invested enterprises, accounting for 14.6% of the national total, with actual foreign investment reaching approximately 40 billion USD [3][4] - The city is expanding its global economic ties, with investments now spanning 147 countries and regions, diversifying from traditional manufacturing to high-tech, finance, and energy sectors [3] Policy and Infrastructure Development - Shenzhen has implemented several initiatives to enhance its international business environment, including the 2025 work plan aimed at attracting global resources and improving competitiveness [5][6] - The city is actively pursuing cross-border infrastructure upgrades and customs reform to facilitate trade, as evidenced by record passenger traffic at border crossings [7] Future Outlook - Shenzhen aims to attract more global capital, enterprises, technologies, and talent, enhancing its role as a modern international metropolis [7][8] - The city is set to deepen its reform and opening-up efforts, focusing on cross-border trade facilitation and the integration of domestic and international markets [6][7]

Core Insights - Shenzhen celebrates its 45th anniversary as a city of reform and opening up, showcasing its commitment to internationalization and economic growth [1][6] - The city has achieved an average GDP growth of 5.5% from 2020 to 2024, reaching a total GDP of 3.68 trillion yuan, with a remarkable output of 1.84 billion yuan per square kilometer [2] - Shenzhen's foreign trade has seen an impressive average annual growth rate of 10.2% over the past five years, positioning it as China's top foreign trade city with a projected import and export volume of 4.5 trillion yuan in 2024 [2][5] Economic Performance - Shenzhen's GDP per square kilometer is equivalent to that of a provincial-level economy, with energy consumption, carbon emissions, and water usage significantly lower than the national averages [2] - The city has established 33 international routes covering 47 cities across 33 countries, with a 50% year-on-year increase in foreign passenger numbers at Shenzhen Airport [1][2] Foreign Investment and Trade - Over the past five years, Shenzhen has seen the establishment of 33,000 foreign-invested enterprises, accounting for 14.6% of the national total, with actual foreign investment reaching approximately 40 billion USD [2][3] - The city has diversified its foreign investment, expanding from traditional manufacturing to high-tech, finance, and energy sectors, with global investments now spanning 147 countries and regions [2][3] Policy and Strategic Initiatives - Shenzhen has implemented various policies to enhance its international business environment, including a 2025 plan to attract global resources and improve competitiveness [4][6] - The city is actively pursuing cross-border trade facilitation and integration of domestic and foreign trade, aiming to attract more capital, enterprises, technologies, and talent [6][7] Infrastructure Development - Recent infrastructure projects, such as the expansion of Shenzhen Airport and improvements in cross-border transportation, are set to enhance the city's global economic influence [6][7] - The city is committed to deepening reforms and expanding its opening-up strategy, with a focus on the Guangdong-Hong Kong-Macao Greater Bay Area [6][7]