Nowhere is Shenzhen’s Silicon Valley of China moniker more appropriate than when strolling the city’s Huaqiangbei district. It buzzes with tech enthusiasts, inventors and global buyers, all drawn to its legendary electronics markets. You’ll see cutting-edge developments in everything from drones to smartphones, with tech giants like Huawei and Tencent setting the pace. This bustling metropolis continues to captivate with its impressive skyline and growing culture scene, from art galleries to indie cafes, while maintaining its standing as a global powerhouse. Recent economic developments have only strengthened Shenzhen’s position as a global leader. Ranking #7 in our overall Prosperity index, the city’s dominance in high-tech manufacturing and exports is undeniable. Shenzhen accounts for 11.6% of China’s total exports, and the city’s convention center, the largest in the world (and #3 in our Convention Center subcategory), plays host to international trade fairs, drawing business from across the globe. The city’s Top 5 ranking for Fortune 500 companies in Asia-Pacific cities further cements its role in the global economy. Looking ahead, Shenzhen is betting big on emerging industries like synthetic biology, robotics and genetic technology, ensuring its place at the forefront of innovation. As the city continues to evolve beyond its manufacturing roots, Shenzhen is set to define the future of global tech and trade.