A Mirror for Urban Economic Reforms

Zhang Zeyu

Chinese Economy, 1985, vol. 19, issue 2, 86-92

Abstract: Shenzhen, a bleak and desolate small town when it was first opened to the outside world five years ago, has since been transformed into a modern city. With an injection of foreign capital and bank loans, this Special Economic Zone has embarked on large-scale construction projects at top speed and with high efficiency. The city infrastructure projects have been completed, and buildings covering a total floor space of 3 million square meters have been completed and put into service. Noting the quick growth of the Shenzhen skyline, visitors from other parts of the country are astonished by "Shenzhen speed."

Date: 1985
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