Shenzhen

Shenzhen’s population has exploded from 1 million people, 30 years ago to 12 million people today. It is a special economic zone backed by a fast growth mentality, easy access to manufacturing hubs and funding from government agencies. More than 90% of the population are not originally from the area. Many professionals in the Shenzhen startup scene bring with them years of experience gathered from working with tech giants in other parts of China.

Shenzhen

STARTUP ECOSYSTEM

Known as the “Silicon Valley of Hardware”, Shenzhen is a top innovative startup ecosystem in China. The tech sector in the city continues to grow and is an important factor attracting migrant tech professionals to the region. Over 170 startups have taken part in funding activities this year.

TOP INDUSTRY VERTICALS

  • Blockchain
  • EdTech
  • FinTech
  • Robotics

ESTIMATED LIVING COSTS​

SGD $750

Accommodation

Monthly rent for Studio apartment

SGD $20

Meal

Basic combo meal in a casual restaurant

SGD $7

Utilities

For one person in studio apartment

Estimated Living Cost

SGD $41

Internet

Internet package for one month

SGD $54

Transport

Avg. of public transport ticket per month

SGD $1000

Development Cost

Personal development cost per student

PICK ME FOR GEI​

Are you ready to skyrocket your growth, develop your entrepreneurial traits and see your work make a difference?

Managed By:

Sandbox NP logo

Sandbox, Global Innovation Alliance Office

A programme under the Global Innovation Alliance Initiative by:

Global Innovation Alliance Innovators Academy