China Daily Global Weekly

Laying out the Shenzhen story

Exhibition showcases the city’s historic 40-year transforma­tion into an economic powerhouse

- By ZHOU MO sally@chinadaily­hk.com

For a few minutes, Yuan Yue stands in front of an old photo on display at the Shenzhen Reform and Opening-up Exhibition Hall, located in the city’s downtown Futian district. The photo features several poorly-dressed men riding bicycles along a bumpy, muddy road.

The men, according to the caption, were workers from Xinhua bookstore who were sending books to rural areas of southern Guangdong province in the 1970s.

“I couldn’t imagine how things have changed so significan­tly. How big a difference there is in our lives today compared to 40 years ago,” Yuan said. “Look at the skyscraper­s outside. Can you imagine that the plot of land on which we now stand was all farmland at that time?”

Yuan, 36, has been working in Shenzhen, Guangdong province, for 13 years, but it is the first time she has visited the exhibition hall and has recently watched the show Great Tides Surge Along the Pearl River. The exhibition focuses on Guangdong’s economic and social developmen­t since the country’s reform and opening-up began in 1978.

The exhibition is an important window through which to showcase the history and experience of the past 40 years, said Ye Yang, head

of Shenzhen Museum, who participat­ed in the constructi­on of the Shenzhen Reform and Opening-up Exhibition Hall.

During President Xi Jinping’s visit to Guangdong province in 2018, his first stop in Shenzhen was the exhibition hall. So far, the exhibition has

attracted more than 1.9 million visitors and in excess of 5,200 domestic and overseas tour groups.

Previously a small fishing village with a population of just 30,000, Shenzhen was named a special economic zone in 1980 as part of the country’s reform and opening-up

policy, which was initiated by former leader Deng Xiaoping.

Since then, the city has achieved a number of national “firsts”, providing a role model for other cities in their ongoing developmen­t. For example, the first auction for State-owned land since the founding of the People’s

Republic of China was held in Shenzhen in December 1987, marking a significan­t reform of the country’s land-use system.

In December 1990, trading on the Shenzhen Stock Exchange officially began, paving way for the bourse to play a crucial role in China’s rapid capital market developmen­t over the next three decades.

Reform and opening-up is a key policy that continues to determine contempora­ry China’s fate and future, and the objective of piloting the policy in Shenzhen was to seek happiness for its people, said Guo Wanda, executive vice-president of Shenzhen-based think tank China Developmen­t Institute.

The remarkable things Shenzhen has achieved in the process has brought confidence and experience for other places to realize faster growth, he said.

According to official figures, Shenzhen’s GDP grew from less than 200 million yuan ($31.4 million) in 1979 to more than 2.7 trillion yuan last year, the fifth-largest among Asian cities.

It ranked the second among all Chinese cities in comprehens­ive economic competitiv­eness for 2021, just behind Shanghai, according to a recent ranking by the Chinese Academy of Social Sciences.

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 ?? PHOTOS BY ZHOU MO / CHINA DAILY ?? at the Shenzhen Reform and Opening-up Exhibition Hall shows the past 40 years of Guangdong’s economic and social developmen­t.
PHOTOS BY ZHOU MO / CHINA DAILY at the Shenzhen Reform and Opening-up Exhibition Hall shows the past 40 years of Guangdong’s economic and social developmen­t.
 ?? ?? Great Tides Surge Along the Pearl River
Great Tides Surge Along the Pearl River

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