Wu Sikang: Shenzhen and Chinese Characteristics

wu sikang: Pilot demonstration means that Shenzhen should not only be a pioneer but also serve as a model for other cities, so as to build an ideal city of socialism with Chinese characteristics, said Wu Sikang, a researcher with the Development Research Center of the Shenzhen government, according to Global Times China. Statistics show that Shenzhen's GDP was only 196 million yuan 27.4 million U.S. dollars in 1979. Xinhua/Mao Siqian Shenzhen continues to play a leading role in China's new round of deepening overall reform as it is set to be built into a pilot demonstration area of socialism with Chinese characteristics . The move which was mentioned in a document issued by the Communist Party of China CPC Central Committee and the State Council in August. The figure had exceeded 2.4 trillion yuan in 2018. There were 129 Chinese companies in the Fortune 500 list of 2019 released in July, including 20 from the Guangdong-Hong Kong-Macao Greater Bay Area seven from Shenzhen, seven from Hong Kong, three from Guangzhou, two from Foshan and one from Zhuhai. Now, its GDP per square kilometer is as high as 1.2 billion yuan. (news.financializer.com). As reported in the news.

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