Shenzhen City vs Guangzhou City

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Shenzhen (; Chinese: 深圳; Mandarin pronunciation: [ʂə́n.ʈʂə̂n] (listen)) is a major sub-provincial city on the east bank of the Pearl River estuary on the central coast of southern Guangdong province, People's Republic of China. It forms part of the Pearl River Delta megalopolis, bordering Hong Kong to the south, Huizhou to the northeast and Dongguan to the northwest, and shares maritime boundaries with Guangzhou, Zhongshan and Zhuhai to the west and southwest across the estuary. Shenzhen's cityscape results from its vibrant economy—made possible by rapid foreign direct investment (FDI) following the institution of the policy of "reform and opening-up" in 1979. The city is a leading global technology hub, dubbed by media China's Silicon Valley. It was one of the fastest-growing cities in the world in the 1990s and the 2000s, and has been ranked second on the list "top 10 cities to visit in 2019" by Lonely Planet. Shenzhen is ranked as an Alpha- (global first tier) city together with Guangzhou (China), Melbourne (Australia) and San Francisco (the U.S).Shenzhen, which roughly follows the administrative boundaries of Bao'an County, officially became a city in 1979, taking its name from the former county town, whose train station was the last stop on the Mainland Chinese section of the railway between Canton and Kowloon. In 1980, Shenzhen was established as China's first special economic zone.

Shenzhen's registered population as of 2017 was estimated at 12,905,000, but local police and authorities estimate the population at about 20 million, due to large populations of short-term residents, unregistered floating migrants, part-time residents, commuters, visitors, as well as other temporary residents.Shenzhen hosts the Shenzhen Stock Exchange as well as the headquarters of numerous multinational companies such as JXD, Vanke, Hytera, CIMC, SF Express, Shenzhen Airlines, Nepstar, Hasee, Ping An Bank, Ping An Insurance, China Merchants Bank, Evergrande Group, Tencent, ZTE, OnePlus, Huawei, DJI and BYD. In the 2020 Global Financial Centres Index, Shenzhen was ranked as having the 9th most competitive financial center in the world (between San Francisco and Zürich) and 6th most competitive in Asia (after Shanghai, Tokyo, Hong Kong, Singapore and Beijing). It has the third busiest container port in the world. According to the Hurun Global Rich List 2020, Shenzhen is the world’s 5th largest billionaires city (after Beijing, New York City, Shanghai and Hong Kong).Shenzhen is an international hub of research and innovation in China and ranks 32nd among the world's top 200 science cities by scientific research as tracked by the Nature Index. The city is home to several notable institutes, such as Shenzhen University and Southern University of Science and Technology.

Source: Wikipedia

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Guangzhou (; simplified Chinese: 广州; traditional Chinese: 廣州, Cantonese pronunciation: [kʷɔ̌ːŋ.tsɐ̂u] or [kʷɔ̌ːŋ.tsɐ́u] (listen); Mandarin pronunciation: [kwàŋ.ʈʂóu] (listen)), also known as Canton and formerly romanized as Kwangchow, is the capital and most populous city of the province of Guangdong in southern China. On the Pearl River about 120 km (75 mi) north-northwest of Hong Kong and 145 km (90 mi) north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road, and continues to serve as a major port and transportation hub, as well as one of China's three largest cities.Guangzhou is at the heart of the most-populous built-up metropolitan area in mainland China, which extends into the neighboring cities of Foshan, Dongguan, Zhongshan and Shenzhen, forming one of the largest urban agglomerations on Earth, the Pearl River Delta Economic Zone. Administratively, the city holds subprovincial status and is one of China's nine National Central Cities. At the end of 2018, the population of the city's expansive administrative area was estimated at 14,904,400 by city authorities, up 3.8% from the previous year. Guangzhou is highly ranked as an Alpha- (global first-tier) city together with San Francisco (the U.S) and Stockholm (Sweden). Guangzhou also ranks 21st globally (between Washington, D.C. and Amsterdam) and 8th in Asia (behind Shanghai, Tokyo, Hong Kong, Singapore, Beijing, Shenzhen and Dubai) in the 2020 Global Financial Centers Index (GFCI). There is a rapidly increasing number of foreign temporary residents and immigrants from Southeast Asia, the Middle East, Eastern Europe and Africa.

This recent population influx has led to it being dubbed the "Capital of the Third World".The domestic migrant population from other provinces of China in Guangzhou was 40% of the city's total population in 2008. Together with Shanghai, Beijing and Shenzhen, Guangzhou has one of the most expensive real estate markets in China. In the late 1990s and early 2000s, nationals of sub-Saharan Africa who had initially settled in the Middle East and other parts of Southeast Asia moved in unprecedented numbers to Guangzhou in response to the 1997/98 Asian financial crisis.Long the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Nowadays, in modern commerce, Guangzhou is best known for its annual Canton Fair, the oldest and largest trade fair in China. For three consecutive years (2013–2015), Forbes ranked Guangzhou as the best commercial city in mainland China. Guangzhou ranks 10th in the world and 5th in China (after Beijing, Shanghai, Hong Kong and Shenzhen) in terms of the number of billionaires according to the Hurun Global Rich List 2020.The city is home to many of China's most prestigious universities, including Sun Yat-sen University, South China University of Technology, South China Normal University and Jinan University. Guangzhou is also one of the top cities in the world by scientific research as tracked by the Nature Index and it ranks 15th globally and fifth in China (after Beijing, Shanghai, Nanjing and Wuhan).

Source: Wikipedia