Shenzhen Flashcards
1
Q
Where is Shezhen?
A
South-eastern China North of Hong Kong
2
Q
What is Shenzhen known as?
A
‘hardware capital of the world’
3
Q
What is the population of Shenzhen?
A
Over 12 million
4
Q
What did Shenzhen start of as?
A
A small fishing and agricultural village
5
Q
What was the population in 1980?
A
60,000
6
Q
What is the main industry in Shenzhen?
A
Tech industry
7
Q
What did the Chinese government do to increase investment within Shenzhen?
A
Lowered the taxes needing to be paid by companies located in the cities to attract investment. Worked with many TNC’s having factories in Shenzhen. Free trade zone
8
Q
Why TNC’s move to Shenzhen
A
As tax levels are lower as well as labour is cheap for hardworking and highly skilled workers
