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Press Release / Industry / Shenzhen factories have a lot to offer

Shenzhen factories have a lot to offer

By Omtro on July 31 2015 | 434 Views

The city of Shenzhen in China is one of the fastest growing industrial cities in the world. The city has constructed a brand new manufacturing infrastructure,

The city of Shenzhen in China is one of the fastest growing industrial cities in the world. The city has constructed a brand new manufacturing infrastructure, with modern Shenzhen factories and high-tech manufacturing as its foundation. This it has done to enable it to keep up with the requirements of a modern city.
The income of the city of Shenzhen is usually brought about by sales that are made from the high number of Shenzhen factories that have been constructed. Out of all the 659 cities of China, Shenzhen economy comes fourth after shanghai, Beijing and Guangzhou. In the year 2008 the GDP was at 89814 Yuan and this ranked it as the richest city in China. This city is only comparable to one of China’s medium sized regions.
Some of Shenzhen factories are; pillar industries, industrial structure, traditional industries and ownership structure. Shenzhen is home to over 34 modern industrial factories. The said factories manufacture over 1000 products in total, and out of these, in terms of earnings, 30 of them are ranked top in the whole of China.
Most of the Shenzhen factories products that have already gained a high market share locally and internationally are; containers at 38% internationally, watches and clocks, 45% internationally, laser pickups at 60% internationally, hard drives at 10% internationally and 50% locally, computer heads at 60% internationally, gold jewelry at 70% locally, and many more.
Shenzhen factories largest industry deals in telecommunication and electronics manufacturing, while the second largest deals in equipment making. Since, the second part of 1990, Shenzhen has been focusing on 7 major industries. These industries include; Information Technology, electro-mechanical integration, computer software, microelectronics & components, audio and video products, and other projects in the energy and light industry. There are other Shenzhen factories that have come up and grown rapidly in the recent past and they deal in; biotechnology, pharmaceuticals, new materials and biotechnology.
Shenzhen city boasts of over 1,200 clothing brands. Shenzhen factories dealing in conventional brands, such as toys, leather, furniture, gold, jewelry, clock & watch, machinery, printing, garment making, continue growing fast. Shenzhen is the pioneer city of China to open a gold & jewelry factory. The turnover from the industry is contributing to 70% of the local market. Over 1,100 Shenzhen factories dealing in gold & jewelry are working towards integrating and expanding the industry to come up with a number of brands. The one stop shopping experience is Shenzhen factories where you will be able to get all you are looking for without having to travel to different cities.


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