Shenzhen is world-famous for its incredible, rapid transformation from a small fishing village into a global technology powerhouse—often called "China's Silicon Valley"—in just over four decades. As China’s first Special Economic Zone (SEZ), it is a major hub for innovation, hosting tech giants like Huawei, Tencent, and BYD, while producing a significant portion of the world's electronics.
Beijing is now home to 125,600 high-net-worth individuals, with Shanghai close behind at 123,400. Shenzhen has amassed 50,300 millionaires, and Hangzhou and Guangzhou count 31,600 and 24,500 among their ranks, respectively.
Just across the border from Hong Kong, this southern Chinese gem is packed with fun things to do in Shenzhen — from world-class theme parks and creative art zones to scenic beaches and buzzing night markets.
The competitive cost structure in Shenzhen is driven by a combination of high production volumes, advanced technology, and an efficient labor market. This results in attractive pricing for products made in Shenzhen, making the city an attractive destination for businesses around the globe.
It has long, soft and beautiful sand beach, such as the Dameishan and Xiaomeishan. There are not many ancient relics here, but the wise Shenzhen people have built up many modern attractions, such as the famous Window of the World, Splendid China, Happy Valley, etc.
Shanghai is China's most populous urban area, while Chongqing is its largest city proper, the only city in China with the largest permanent population of over 30 million. As of 2021, there were 113 Chinese cities with over 1 million people in urban areas.
Shenzhen can be surprisingly expensive, especially when compared to other cities in mainland China. It's a global hub, and the cost of living reflects that. You'll need to factor in accommodation, food, transport, utilities, and of course, a bit of fun.
Shanghai stands as one of Asia's most luxurious cities, where futuristic skyscrapers, five-star hotels, and high-end shopping districts define its skyline.
The pyramid shows that: half of the world's net wealth belongs to the top 1%, top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world's total wealth, top 30% of adults hold 97% of the total wealth.
What happens if you have more than three kids in China?
In this regard, during the 2020 National People's Congress (NPC) session, NPC deputy Huang Xihua suggested removing the penalty policy for having more than three children. Previously, the fine, called a "social upbringing fee" or "social maintenance fee", was the punishment for the families having more than one child.
A society where problems are hidden rather than solved can appear “orderly,” but that order is often achieved through coercion and silence, not care and dignity. Homelessness exists, but it is made largely invisible through a mix of short-term containment, forced removal, and strict control over reporting.
A recent comparison of average sleep duration across Asian countries highlights clear differences in nightly rest. China tops the list with around 7.0–7.5 hours of sleep per night, followed closely by India at approximately 7.0–7.1 hours.
Hangzhou is also ranking as one of the most scenic cities in China. As a city of gardens, temples, and lakes, Hangzhou's beauty is praised in all ages. There is an old Chinese saying goes like this: “In heaven there is paradise; on earth there are Suzhou and Hangzhou (上有天堂,下有苏杭).”