Shenzhen is acknowledged as “China’s Silicon Valley”, having evolved into a science, technology and urban innovation hub. High-tech is the lifeblood of the city’s economy, accounting for about 60 percent of industrial output. In this report, we explore how this late adopter in Smart City development has wasted no time in moving up the digital learning curve and is admired as a leader in planning and implementing urban solutions and technologies.
According to the Shenzhen government, the city intends to become a benchmark digital city by 2025. In Shenzhen’s Smart City plan, a key objective is to improve public services and urban governance capacity. City leaders stress the importance of digital infrastructure, strengths in data and analytics, and cooperation with international partners – with an underlying goal of improving and sustaining urban quality of life.
Some of Venturous’ portfolio companies and strategic partners, like Neuron Digital, Arup and CLP, are proudly featured as case studies in the report for actively driving Smart City development in Shenzhen and many other cities in the Greater Bay Area.