Shenzhen to lead nation again as a world ranking cosmopolis
Print Edition
Shenzhen, once a trailblazer in China鈥檚 reform and opening-up, has received a new mission to lead China鈥檚 socialist path.
The southern tech hub in Guangdong Province will be transformed into 鈥渁 pilot demonstration area of socialism with Chinese characteristics, according to a document issued by the Communist Party of China Central Committee and the State Council.
The document laid out goals that include catapulting the city into the world鈥檚 top echelon in innovation, public services and environmental care, as well as serving as a paragon for the nation.
Experts said the move is a high-profile recognition of Shenzhen鈥檚 development model and will inject incentives into the regional integration of Guangdong, Hong Kong and Macau.
Shenzhen is often referred to as the 鈥渨indow鈥 of China鈥檚 reform and opening-up drive that began in the late 1970s. In 1980, it became the country鈥檚 first special economic zone with favorable policies to attract overseas investment.
Experts said China鈥檚 socialist development has been a course of persistent trials and explorations. New policies are often piloted in certain cities and regions, and if successful, introduced to more places. Qu Jian, vice dean of the China Development Institute, said Shenzhen has played a successful role as China鈥檚 reform and opening-up pioneer.
鈥淣ow its job is to come up with a replicable model for socialism with Chinese characteristics,鈥 Qu said. Wu Sikang, a researcher with the Development Research Center of the Shenzhen government, said apart from its economic prowess, Shenzhen鈥檚 leading positions in market-oriented polices, internationalization and the rule of law are reasons why it was made a pilot zone.
Global pacesetter
Shenzhen boasts a booming private economy and houses the headquarters of many tech giants such as Huawei, Tencent and DJI. In 2018, the city鈥檚 gross domestic product hit 2.42 trillion yuan (US$346 billion), surpassing a number of Chinese provinces.
The city also maintains close ties with its neighbor Hong Kong, whose investment and management experience have contributed greatly to Shenzhen鈥檚 economic take-off. Shenzhen-Hong Kong cooperation, put in the context of the Guangdong-Hong Kong-Macau Greater Bay Area, is set to figure prominently in its pilot zone plan, analysts said.
According to the blueprint set by the document, by 2025, Shenzhen will rank among the top cities in the world in economic strength and quality of development. By 2035, it will become a hub of innovation, entrepreneurship and creativity with international influence.
By the mid-21st century, the city will become one of the top cosmopolises in the world and a global pacesetter with outstanding competitiveness, innovative capacity and influence, said the document.
Guo Wanda, executive vice dean of the China Development Institute, said Shenzhen has worked hard to improve its public and legal services, as well as natural environment in recent years.
However, a long struggle still lies ahead for Shenzhen鈥檚 pursuit of cosmopolis status, which is characterized by a high significance to global politics and the world economy and the convergence of global talent, funds and information, said Guo. 鈥淎s a young city, Shenzhen is still weak in education, medical care and other livelihood undertakings,鈥 Guo said. 鈥淭hat is why it is now investing heavily in new hospitals and schools and soliciting global talent.鈥
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