Becoming Shenzhen: 40 Years of Financial Reform and Opening-Up

Becoming Shenzhen tracks the rise of a small fishing village to a world-leading metropolis on China's south coast. Within the space of four decades Shenzhen has grown into a global hi-tech hub, home to some of the world's largest tech companies, including Huawei, Tencent, and BYD. Frequently dubbed the Silicon Valley of China, the city has also been a template and spearhead of nationwide economic reform since the 1980s.

This book follows the journey of some of those financial groups and institutions at the heart of Shenzhen's story: The People's Bank of China, China Merchants Group, Ping An Group, Shenzhen Rural Commercial Bank, Shenzhen WeBank, and OneConnect. Told from their perspective, each chapter provides a valuable and unique insight into the various factors contributing towards today's astounding achievements. Taken as a whole, these examples can help one to understand the notable financial and technological transformation of Shenzhen from the perspective of the private sector and micro-finance. Without the contribution of this sector, Shenzhen would not be the city that it is today.

Author: Yujing Xing
Publisher: Royal Collins Publishing Company
Published: 09/30/2021
Pages: 216
Binding Type: Hardcover
Weight: 1.00lbs
Size: 9.20h x 6.20w x 0.70d
ISBN13: 9781487808150
ISBN10: 1487808151
BISAC Categories:
- Business & Economics | Economic History

About the Author
XING Yujing, PhD in Economics, has been the president of Shenzhen branch, the People's Bank of China since September 2016. Dr. XING has been working with SAFE, the State Administration of Foreign Exchange, from April 1995 to April 2004. Dr. XING has written on a variety of macroeconomic issues in China, specializing in BOP analysis, exchange rate policy, internationalization of RMB, the currency convertibility and financial integration & development of Guangdong-Hong Kong-Macao Greater Bay Area.