Shenzhen is one of the fastest growing cities in China. Based on estimates, the population of Shenzhen is expected to reach over 15 million by 2035. This rapidly growing city is attracting an increasing number of young Chinese, who want to start and grow their careers.

Development history of Shenzhen 

Shenzhen is located next to Hong Kong, one of the key financial and business centers of the world.  The city has a short history - Shenzhen wasn’t technically a city until 1979. Now, it is home to the largest economy in China’s Greater Bay Area, surpassing its neighbor Hong Kong. Shenzhen is also called China’s Silicon Valley, since many China’s tech-giants are headquartered there. As a rising financial center, Shenzhen also hosts one of the two Stock Exchanges in Mainland China. The headquarter of China’s leading insurance company Ping An Insurance is in Shenzhen as well.

Immigration to Shenzhen 

Enticed by its fast-developing economy, people from across the whole country have relocated to Shenzhen to take their chances at new job and life opportunities. In its 40-year development, countless migrant workers have contributed to this city’s construction projects and labor-intensive manufacturing production. Many young graduates have found it easier to find a job in Shenzhen compared to other first-tier cities. Promotion opportunities have attracted top talent in many sectors to come to this city. Accordingly, with the rise of population, the cost of housing in Shenzhen has also seen a drastic increase.

By 2035, nearly 17 million people are predicted to call Guangzhou home. As one of the key cities in the Guangdong-Hong Kong-Macao Greater Bay Area, Guangzhou’s vibrancy is very attractive to people searching for their opportunities there.

Megacity – Guangzhou

As China’s cities become increasingly urbanized, the demographic of this megacity has also changed considerably over the years, with more and more Chinese locals and foreigners opting to dwell in Guangzhou for work and cultural opportunities. Together with Beijing, Shanghai and Shenzhen, Guangzhou is listed as one of China’s first-tier cities, indicating its great economic power and developing potential. Guangzhou has been a large port of China for over two thousand years and has contributed significantly to the economic and cultural exchange between China and the world. Today, the Guangzhou Port is one of the largest in the world.

Multicultural hub

The traces of immigrants from different times to this city can be easily found in Guangzhou’s architecture. In the former colonial area, there are still plenty of old western style buildings. Today’s Guangzhou is one of the Chinese cities with the highest density of skyscrapers in some business areas. The Canton Tower, landmark of Guangzhou, is 604 meters tall and the second tallest tower in the world after Tokyo Skytree. In this capital city of the Guangdong province, Cantonese culture is highly respected and well developed. Guangzhou is also one of the Chinese cities with the largest foreign population. Cantonese, Mandarin and English are the widely used languages of the residents in Guangzhou.

In 2023, the gross domestic product (GDP) of Shenzhen city in China increased by 6.0 percent compared to the previous year. Located next to Hong Kong, Shenzhen ranked first for GDP in the Guangdong-Hong Kong-Macao Greater Bay Area. The GDP growth of Shenzhen slowed down continuously in the past years.

As of 2023, the population density in Guangdong province in China was around 707 persons per square kilometer. Guangdong is the most populous province in China, and its population density is higher than in many countries in the world.

GDP: Guangdong: Shenzhen data was reported at 3,680.187 RMB bn in 2024. This records an increase from the previous number of 3,490.327 RMB bn for 2023. GDP: Guangdong: Shenzhen data is updated yearly, averaging 277.009 RMB bn from Dec 1979 (Median) to 2024, with 46 observations. The data reached an all-time high of 3,680.187 RMB bn in 2024 and a record low of 0.196 RMB bn in 1979. GDP: Guangdong: Shenzhen data remains active status in CEIC and is reported by Shenzhen Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

As of 2023, the bulk of the Chinese population was aged between 25 and 59 years, amounting to around half of the population. A breakdown of the population by broad age groups reveals that around 61.3 percent of the total population was in working age between 16 and 59 years in 2023. Age cohorts below 25 years were considerably smaller, although there was a slight growth trend in recent years. Population development in China Population development in China over the past decades has been strongly influenced by political and economic factors. After a time of high fertility rates during the Maoist regime, China introduced birth-control measures in the 1970s, including the so-called one-child policy. The fertility rate dropped accordingly from around six children per woman in the 1960s to below two at the end of the 20th century. At the same time, life expectancy increased consistently. In the face of a rapidly aging society, the government gradually lifted the one-child policy after 2012, finally arriving at a three-child policy in 2021. However, like in most other developed countries nowadays, people in China are reluctant to have more than one or two children due to high costs of living and education, as well as changed social norms and private values. China’s top-heavy age pyramid The above-mentioned developments are clearly reflected in the Chinese age pyramid. The age cohorts between 30 and 39 years are the last two larger age cohorts. The cohorts between 15 and 24, which now enter childbearing age, are decisively smaller, which will have a negative effect on the number of births in the coming decade. When looking at a gender distribution of the population pyramid, a considerable gender gap among the younger age cohorts becomes visible, leaving even less room for growth in birth figures.

In 2024, approximately 67 percent of the total population in China lived in cities. The urbanization rate has increased steadily in China over the last decades. Degree of urbanization in China Urbanization is generally defined as a process of people migrating from rural to urban areas, during which towns and cities are formed and increase in size. Even though urbanization is not exclusively a modern phenomenon, industrialization and modernization did accelerate its progress. As shown in the statistic at hand, the degree of urbanization of China, the world's second-largest economy, rose from 36 percent in 2000 to around 51 percent in 2011. That year, the urban population surpassed the number of rural residents for the first time in the country's history.The urbanization rate varies greatly in different parts of China. While urbanization is lesser advanced in western or central China, in most coastal regions in eastern China more than two-thirds of the population lives already in cities. Among the ten largest Chinese cities in 2021, six were located in coastal regions in East and South China. Urbanization in international comparison Brazil and Russia, two other BRIC countries, display a much higher degree of urbanization than China. On the other hand, in India, the country with the worlds’ largest population, a mere 36.3 percent of the population lived in urban regions as of 2023. Similar to other parts of the world, the progress of urbanization in China is closely linked to modernization. From 2000 to 2024, the contribution of agriculture to the gross domestic product in China shrank from 14.7 percent to 6.8 percent. Even more evident was the decrease of workforce in agriculture.

Unemployment Rate in China increased to 5.40 percent in February from 5.20 percent in January of 2025. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the gross domestic product (GDP) at current prices of the city of Shenzhen in China reached nearly 3.5 trillion yuan. Shenzhen has become one of the most economically active Chinese cities. Benefiting from the opening and reforming policies, the city has witnessed great economic development, which is also reflected by its GDP growth.

In 2023, the per capita gross domestic product (GDP) of Shenzhen city in China amounted to around 195.2 thousand yuan, up from 183.8 thousand yuan in the previous year. Shenzhen is home to some of the Chinese tech giants such as Huawei, DJI and Tencent.

In 2024, around 9.54 million babies were born in China. The number of births has increased slightly from 9.02 million in the previous year, but is much lower than the 17.86 million births recorded in 2016. Demographic development in China In 2022, the Chinese population decreased for the first time in decades, and population decline is expected to accelerate in the upcoming years. To curb the negative effects of an aging population, the Chinese government decided in 2013 to gradually relax the so called one-child-policy, which had been in effect since 1979. From 2016 onwards, parents in China were allowed to have two children in general. However, as the recent figures of births per year reveal, this policy change had only short-term effects on the general birth rate: the number of births slightly increased from 2014 onwards, but then started to fell again in 2018. In 2024, China was the second most populous country in the world, overtaken by India that year. China’s aging population The Chinese society is aging rapidly and facing a serious demographic shift towards older age groups. The median age of China’s population has increased massively from about 18 years in 1970 to 37.5 years in 2020 and is projected to rise continuously until 2080. In 2020, approximately 17.9 percent of the Chinese were 60 years and older, a figure that is forecast to rise as high as 44 percent by 2060. This shift in demographic development will increase social and elderly support expenditure of the society as a whole. One measure for this social imbalance is the old-age dependency ratio, measuring the relationship between economic dependent older age groups and the working-age population. The old-age dependency ratio in China is expected to soar to 69 percent in 2060, implying that by then three working-age persons will have to support two elderly persons.

In 2023, the gross domestic product (GDP) of China amounted to around 17.8 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was three percent in 2022 and 5.2 percent in 2023. In 2023, per capita GDP in China reached around 12,600 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2023. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 31 percent in 2023. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2023. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

In December 2024, surveyed employees of enterprises in China worked an average of 49 hours per week. During 2023, the average weekly working hours of surveyed people employed in Chinese enterprises amounted to around 48.6 hours on average.

Im Jahr 2023 beträgt die Einwohnerzahl von China geschätzt rund 1,42 Milliarden Menschen. China ist damit das Land der Erde mit der zweitgrößten Bevölkerung und eines der größten Länder der Welt. Für das Jahr 2024 wird die Gesamtbevölkerung Chinas auf rund 1,419 Milliarden Einwohner prognostiziert. Die Statistik zeigt die Entwicklung der Gesamtbevölkerung von China von 1950 bis 2023 und Prognosen bis zum Jahr 2050. China nicht länger das bevölkerungsreichste Land der Welt Das Bevölkerungswachstum Chinas hat sich in den letzten Jahren verlangsamt. Bereits seit über einem Jahrzehnt wächst die chinesische Bevölkerung um weniger als ein Prozent, Jahr für Jahr. Im Jahr 2023 ging die Bevölkerung Chinas dann erstmalig zurück. Die Fertilitätsrate in China liegt seit vielen Jahren geringfügig unter dem Niveau, das notwendig ist, um ein stetiges Bevölkerungswachstum zu ermöglichen. Laut Prognosen wird Indien daher China bis zum Jahr 2030 als das bevölkerungsreichste Land der Welt ablösen. Aufgrund der negativen Bevölkerungsentwicklung in China wird Indiens Gesamtbevölkerung Chinas im laufenden Jahr 2023 überholen. Natürliche Bevölkerungsentwicklung oder Migration? Grundsätzlich kann bei der Bevölkerungsentwicklung zwischen dem natürlichen Bevölkerungswachstum und der Zuwachsrate (allgemeines Bevölkerungswachstum) unterschieden werden:natürliches Bevölkerungswachstum

Das natürliche Bevölkerungswachstum ergibt sich aus der Verrechnung von Geburten und Todesfällen.

Zuwachsrate

Bei der Zuwachsrate wird das natürliche Bevölkerungswachstum mit dem Migrationssaldo, also dem Saldo aus Immigration (Einwanderung) und Emigration (Auswanderung) verrechnet.

Zusammenhang

Industrieländer benötigen im Allgemeinen eine Geburtenrate (Fertilitätsrate) von durchschnittlich 2,1 Kindern je Frau, um den Bestand der Population konstant zu halten (Bestandserhaltungsniveau). Für ein positives Bevölkerungswachstum wird dementsprechend eine höhere Geburtenrate oder ein positiver Migrationssaldo benötigt.