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Shenzhen boasts China¡¯s biggest electronic information industry, with the largest output of computers and programmed exchanges, as well as software exports.

Futian is a vital region in the ¡°Pearl River Delta¡± industrial supporting chain, and also the trade center of electronic products, computers and software, communication equipment, digital audio-visual, bio-pharmaceuticals and other high-tech products. The cell phone industry of Futian District is a city leader. Eight of the registered 20 enterprises holding the state-granted cell phone production license and network access authorization in Shenzhen hale from Futian, which enjoys an overwhelming advantage in cell phone distribution. Huaqiangbei Electronic Market, the largest cell phone market in China, is situated in Futian. As a center for electronic product transactions, research and development and information in the Pearl River Delta, Huaqiangbei has become the electronic information base of Shenzhen and the Pearl River Delta, as well as the No. 1 Electronic Commercial Street in China vis-¨¤-vis sales revenue, specialized market area, product variety and commercial coverage.

Futian¡¯s security product industry boasts an important position in Shenzhen. The number of security products enterprises in the District amounts to 30 percent of the city¡¯s total, drawing 40% of its annual sales revenue. Taipingyang Security Product Market and Huitong Security Product Market and several other large-scale security product markets are also situated in the city. Preparations for a major Security Products Test Center are underway. It will greatly boost the development of the security product industry in the District when it is realized.

The electronic information industry in Futian District has been a pillar industry of Shenzhen, with a formidable growth rate, competitiveness and high industrial relevance. China Mobile¡¯s Phone Inspection Center settled in Shangsha Mobile Phone Science Park, and the influence of Huaqiangbei China Electronics Market price index has strongly boosted the development and upgrade of conventional industries.

Futian District boasts a highly developed financial industry. Ninety financial headquarters and regional headquarters have settled here.

Futian boasts an advanced communication network, with full access to microwave transmission, programmed exchange system, optical fiber and a digital communication network covering the whole district, where communication and media centers, including China Telecom, China Mobile, China Unicom, China Post, Media Group, and cable TV, are based.

With commerce prospering, Futian District is also Shenzhen¡¯s shopping paradise. Numerous commercial streets and shopping centers, including Wal-Mart, JUSCO, Carrefour, B & Q, Rainbow, Shirble, Moi, line the district. In Futian¡¯s Sundan, Wal-Mart China has set up its headquarters.

Also in Futian, the Shenzhen International Convention and Exhibition Center is a world-class venue for conventions and exhibitions. Covering a total area of 280,000 sqm with 8 exhibition halls, 25 conference rooms and 3 dining zones, it is equipped with outstanding support services. With 5,000-plus international standard exhibition booths, the Center can host more than 100 large-scale conferences and exhibitions annually.

Futian is home to more than 100 hotels, dozens of which are star rated. Many hotel-style apartments offer English-speaking services for guests¡¯ convenience.

For sightseeing, tourism, business visits or investigations, foreign citizens visiting Hong Kong and Macao, and whose country has diplomatic ties with China, are allowed to visit Guangdong province without a visa but must produce a passport for a tour stay within 144 hours of arrival.

 

Copyright @ 2004 Futian Government Online