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Shenzhen is one of the fastest growing cities in China. Based on estimates, the population of Shenzhen is expected to reach over ** million by 2035. This rapidly growing city is attracting an increasing number of young Chinese, who want to start and grow their careers.

Development history of Shenzhen

  Shenzhen is located next to Hong Kong, one of the key financial and business centers of the world.  The city has a short history - Shenzhen wasn’t technically a city until 1979. Now, it is home to the largest economy in China’s Greater Bay Area, surpassing its neighbor Hong Kong. Shenzhen is also called China’s Silicon Valley, since many China’s tech-giants are headquartered there. As a rising financial center, Shenzhen also hosts one of the two Stock Exchanges in Mainland China. The headquarter of China’s leading insurance company Ping An Insurance is in Shenzhen as well.

Immigration to Shenzhen

  Enticed by its fast-developing economy, people from across the whole country have relocated to Shenzhen to take their chances at new job and life opportunities. In its 40-year development, countless migrant workers have contributed to this city’s construction projects and labor-intensive manufacturing production. Many young graduates have found it easier to find a job in Shenzhen compared to other first-tier cities. Promotion opportunities have attracted top talent in many sectors to come to this city. Accordingly, with the rise of population, the cost of housing in Shenzhen has also seen a drastic increase.