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.
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
ESTIMATED LIVING COSTS
AccommodationMonthly rent for Studio apartment
Basic combo meal in a casual restaurant
For one person in studio apartment