Shenzhen
Shenzhen’s population has exploded from 1 million people, 30 years ago to 12 million people today. It is a special economic zone backed by a fast growth mentality, easy access to manufacturing hubs and funding from government agencies. More than 90% of the population are not originally from the area. Many professionals in the Shenzhen startup scene bring with them years of experience gathered from working with tech giants in other parts of China.
STARTUP ECOSYSTEM
Known as the “Silicon Valley of Hardware”, Shenzhen is a top innovative startup ecosystem in China. The tech sector in the city continues to grow and is an important factor attracting migrant tech professionals to the region. Over 170 startups have taken part in funding activities this year.
TOP INDUSTRY VERTICALS
- Blockchain
- EdTech
- FinTech
- Robotics
ESTIMATED LIVING COSTS
SGD $750
Accommodation
Monthly rent for Studio apartmentSGD $20
Meal
Basic combo meal in a casual restaurant
SGD $7
Utilities
For one person in studio apartment
SGD $41
Internet
Internet package for one monthSGD $54
Transport
Avg. of public transport ticket per monthSGD $1000
Development Cost
Personal development cost per student
PICK ME FOR GEI
Are you ready to skyrocket your growth, develop your entrepreneurial traits and see your work make a difference?
Managed By:
Sandbox, Global Innovation Alliance Office
A programme under the Global Innovation Alliance Initiative by:
Global Innovation Alliance Innovators Academy