National Geographic : 1983 Jul
Investments soar like the high rises in a model of Shenzhen, examined by engineer Sun Jun (left). Colored buildings are under construction;white ones are planned.Five years ago only about 30,000 farmers and fishermen lived here. Then in 1980 Shenzhen (map, below) became one offour Special Economic Zones (SEZs). To foreign investors they offer low tax rates, low rents, comparatively low-cost labor, and other incentives. Shenzhen Mayor Liang KONG KONG (U.K.) -Zhu (Pearl) River estuary 0 KILOMETERS 150 I I,1 ! O MILES 150 NATIONALGEOGRAPHIC CARTOGRAPHIC DIVISION Xiang (above), whose city may house a million people by the year 2000, calls the SEZ concept "a very importantpartof our open-door policy." Flocking through the door have been Shenzhen's neighborsfrom Hong Kong. Of some 1,600 approved contracts, about 90 percent are with Hong Kong firms. A service station (lower left) catersmostly to Hong Kong touristsand businessmen; very few Chinese citizens own cars. Giant of the SEZs, Shenzhen covers 3275 square kilometers. Zhuhai, Shantou, andXiamen together cover less than 12 square kilometers but areas open to investment are much larger.