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Shenzhen Speed
The Shenzhen speed (simplified Chinese: 深圳速度; traditional Chinese: 深圳速度) was a term originally used during the early stages of Chinese economic reform to describe the fast construction of Guomao Building in Shenzhen, China. Being the tallest building in China at the time, Guomao Building boasts an efficient construction progress in which the completion of every storey took a mere three days. The term has been used to describe the fast growth of Shenzhen as one of the first special economic zones of China, which has been called "China's Silicon Valley" and the "Instant City". Since 1979, Shenzhen has transformed from a small fishing village to be one of the world's most important technological hubs with one of the highest ''per-capita'' income levels in mainland China. In 1984 and 1992, Deng Xiaoping, then paramount leader of China and the "Chief Architect of Reform and Opening-up", made inspection tours to Shenzhen, endorsing the "Shenzhen speed" and the developmen ...
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Civic Center, Shenzhen Lianhuashan Park (2018
Civic is something related to a city or municipality. It also can refer to multiple other things: General *Civics, the science of comparative government *Civic engagement, the connection one feels with their larger community *Civic center, a community focal point *Civic nationalism *Civic Theatre (other), a name given to a number of theatres around the world *Civic virtue Specific places *Civic, Christchurch, a Category II heritage building in the Christchurch Central City *Civic, Australian Capital Territory, the central business district of Canberra, Australia Music * Civic (band), an Australian rock band Other *Honda Civic, a car produced by the Honda Motor Co. *Campaign for Innocent Victims in Conflict (CIVIC), a humanitarian organization See also * Civil (other), civilian * City * Citizen Citizenship is a "relationship between an individual and a state to which the individual owes allegiance and in turn is entitled to its protection". Each state dete ...
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Mainland China
"Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. By convention, the territories that fall outside of the Chinese mainland include: * Hong Kong, a quasi-dependent territory under PRC rule that is officially designated a " Special Administrative Region of the PRC" (formerly a British colony) * Macau, a quasi-dependent territory under PRC rule that is officially designated a "Special Administrative Region of the PRC" (formerly a Portuguese colony) * Territories ruled by the Republic of China (ROC, commonly referred to as Taiwan), including the island of Taiwan, the Penghu (Pescadores) islands in the Taiwan Strait, and the islands Kinmen, Matsu, and Wuqiu (Kinmen) offshore of Fujian. Overseas Chinese, especially Malaysian Chinese and Chinese Singaporeans, use this term to describe p ...
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Economic Booms
Business cycles are intervals of expansion followed by recession in economic activity. These changes have implications for the welfare of the broad population as well as for private institutions. Typically business cycles are measured by examining trends in a broad economic indicator such as Real Gross Domestic Production. Business cycle fluctuations are usually characterized by general upswings and downturns in a span of macroeconomic variables. The individual episodes of expansion/recession occur with changing duration and intensity over time. Typically their periodicity has a wide range from around 2 to 10 years (the technical phrase "stochastic cycle" is often used in statistics to describe this kind of process.) As in arvey, Trimbur, and van Dijk, 2007, ''Journal of Econometrics'' such flexible knowledge about the frequency of business cycles can actually be included in their mathematical study, using a Bayesian statistical paradigm. There are numerous sources of business ...
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Economic Liberalization
Economic liberalization (or economic liberalisation) is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism. Liberalization in short is "the removal of controls" to encourage economic development. Many countries have pursued and followed the path of economic liberalization in the 1980s, 1990s and in the 21st century, with the stated goal of maintaining or increasing their competitiveness as business environments. Liberalization policies may or often include the partial or complete privatization of government institutions and State ownership, state-owned assets, greater labour market flexibility, lower tax rates for businesses, less restrictions on both domestic and foreign capital, open markets, etc. In support of liberalization, former British prime minister Tony Blair wrote that: "Success will go to those companies and ...
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Economy Of Shenzhen
Shenzhen (; ; ; ), also historically known as Sham Chun, is a major Sub-provincial division, sub-provincial city and one of the Special economic zones of China, special economic zones of China. The city is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of southern province of Guangdong, bordering Hong Kong to the south, Dongguan to the north, and Huizhou to the northeast. With a population of 17.56 million as of 2020, Shenzhen is the third most populous city by urban population in China after Shanghai and Beijing. Shenzhen is a global center in List of technology centers, technology, List of cities by scientific output, research, Economy of China#Industry and manufacturing, manufacturing, Shenzhen#Economy, business and economics, Global Financial Centres Index, finance, Shenzhen#Tourism, tourism and Transport in China, transportation, and the Port of Shenzhen is the List of busiest container ports, world's fourth busiest container ...
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Time Is Money, Efficiency Is Life
Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future. It is a component quantity of various measurements used to sequence events, to compare the duration of events or the intervals between them, and to quantify rates of change of quantities in material reality or in the conscious experience. Time is often referred to as a fourth dimension, along with three spatial dimensions. Time has long been an important subject of study in religion, philosophy, and science, but defining it in a manner applicable to all fields without circularity has consistently eluded scholars. Nevertheless, diverse fields such as business, industry, sports, the sciences, and the performing arts all incorporate some notion of time into their respective measuring systems. 108 pages. Time in physics is operationally defined as "what a clock reads". The physical nature of time is address ...
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Yuan Geng
Yuan Geng (; 23 April 1917 – 31 January 2016), born Ouyang Rushan, was a Chinese guerrilla fighter, war hero, spy, policy visionary, and serial entrepreneur on behalf of the Chinese state. He was an early proponent of China's reform and opening up, and went on to create Shekou Industrial Zone, China International Marine Containers, CSG Holding, China Merchants Bank, and Ping An Insurance. Early life and career Born in Bao'an County, now part of Shenzhen, he joined the Chinese Communist Party at age 21 and fought guerrilla operations against the Japanese occupation army in the Dongjiang (East River) Column of the CPC-led Guangdong People's Anti-Japanese Aggression Guerrilla Force from March 1939. In 1942 he led a noted rescue operation of 800 people, and in 1944 became head of the Dongjiang Column's liaison division. In this capacity he provided crucial information to the US military ( Pacific Fleet and 14th Army Air Force) about Japanese operations in Guangdong. In Septem ...
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Shekou
Shekou () is an area at the southern tip of Nanshan District, Shenzhen, Nanshan District, Shenzhen, Guangdong, Guangdong Province, China. It faces Yuen Long, Hong Kong across the Deep Bay, China, Shenzhen Bay. It has been designated as a free-trade zone, Free Trade Zone by the government, alongside Qianhai, Hengqin and Nansha New Area. History The area was formerly a customs station of Bao'an County. On 31 January 1979, it became officially known as the Shekou Industrial Zone, developed solely by China Merchants Group of Hong Kong under Yuan Geng's leadership, earlier than the formation of the Shenzhen Special Economic Zone. The event is chronicled in the Chinese ballad "The Story of Spring (春天的故事)". Since the 1980s, after foreign oil majors such as Agip, Chevron Corporation, Chevron, Texaco, Statoil and Royal Dutch Shell, Shell obtained concessions for oil exploration in the South China Sea, Shekou started serving as a base for a small contingent of foreign oil platf ...
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Reform And Opening Up
The Chinese economic reform or reform and opening-up (), known in the West as the opening of China, is the program of economic reforms termed " Socialism with Chinese characteristics" and "socialist market economy" in the People's Republic of China (PRC). Led by Deng Xiaoping, often credited as the "General Architect", the reforms were launched by reformists within the Chinese Communist Party (CCP) on December 18, 1978, during the "Boluan Fanzheng" period. The reforms went into stagnation after the military crackdown on 1989 Tiananmen Square protests, but were revived after Deng Xiaoping's Southern Tour in 1992. In 2010, China overtook Japan as the world's second-largest economy by nominal GDP and in 2017 overtook the United States by becoming the world's largest economy by GDP (PPP). Prior to the reforms, the Chinese economy was dominated by state ownership and central planning. From 1950 to 1973, Chinese real GDP per capita grew at a rate of 2.9% per year on average, albeit ...
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Paramount Leader Of China
Paramount leader () is an informal term for the most important political figure in the People's Republic of China (PRC). The paramount leader typically controls the Chinese Communist Party (CCP) and the People's Liberation Army (PLA), often holding the titles of CCP General Secretary and Chairman of the Central Military Commission (CMC)."How China is ruled"
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Deng Xiaoping
Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary leader, military commander and statesman who served as the paramount leader of the People's Republic of China (PRC) from December 1978 to November 1989. After CCP chairman Mao Zedong's death in 1976, Deng gradually rose to supreme power and led China through a series of far-reaching market-economy reforms earning him the reputation as the "Architect of Modern China". He contributed to China becoming the world's second largest economy by GDP nominal in 2010. Born in the province of Sichuan in the Qing dynasty, Deng studied and worked in France in the 1920s, where he became a follower of Marxism–Leninism and joined the Chinese Communist Party (CCP) in 1924. In early 1926, Deng travelled to Moscow to study Communist doctrines and became a political commissar for the Red Army upon returning to China. In late 1929, Deng led local Red Army uprisings in Guangxi. In 1931, he was demoted within the ...
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