China dynamo Shenzhen's GDP swells 10,000-fold in 40 years

Special economic zone and tech hub on the front line of US-China confrontation

20200826N Dynamic Shenzhen

Shenzhen has produced many influential private companies, including telecoms equipment giant Huawei. © Getty Images

YUSUKE HINATA, Nikkei staff writer

SHENZHEN -- Aug. 26 marks the 40th anniversary of the designation of Shenzhen in the southern Chinese province of Guangdong as a special economic zone.

As a testing ground for market-oriented reforms, Shenzhen has led the Chinese economy and seen its own economic size balloon a staggering 10,000-fold in the past four decades.

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