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  • Beijing Review

    The Shenzhen Miracle

    Dec 10, 2020 4 minutes
     By Lan Xinzhen
    Copyedited by Elsbeth van Paridon

    Shenzhen has long been a staple in any discussion on China’s reform and opening up. Shenzhen speed, Shenzhen experience, Shenzhen model… Several Shenzhen-related catchwords have been attracting attention from home and abroad over the past four decades. Shenzhen, one of China’s most advanced metropolises in the southern province of Guangdong, recorded 2.69 trillion yuan ($408.81 billion) of GDP in 2019, more than double that of countries such as Venezuela and Algeria. If it were a country, it would be the 32nd largest economy in the world.

    How could Shenzhen, primarily an

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