Shenzhen City vs Miami

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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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Miami (), officially the City of Miami, is a metropolis located in southeastern Florida in the United States. It is the second most populous metropolis on the East coast of the United States, and it is the seventh largest in the country. The city is an economic powerhouse, serving as the financial and business capital of Latin America. The city has the third tallest skyline in the U.S. with over 300 high-rises, 55 of which exceed 491 ft (150 m).Miami is a major center and leader in finance, commerce, culture, arts, and international trade. The metro area is by far the largest urban economy in Florida and the 12th largest in the United States, with a GDP of $344.9 billion as of 2017. In 2020, Miami was classified as a Beta + level global city by the GaWC. In 2019, Miami ranked seventh in the United States and 31st among global cities in terms of business activity, human capital, information exchange, cultural experience, and political engagement.

According to a 2018 UBS study of 77 world cities, the city was ranked as the third-richest in the United States and the eighth-richest in the world in terms of purchasing power. Miami is nicknamed the "Capital of Latin America" and is the largest city with a Cuban-American plurality.Greater Downtown Miami has one of the largest concentrations of international banks in the United States, and is home to many large national and international companies. The Health District is a major center for hospitals, clinics, and the biotechnology and medical research industries. PortMiami is the busiest cruise port in the world in both passenger traffic and cruise lines, and refers to itself as the "Cruise Capital of the World". Miami is also a major tourism hub for international visitors, ranking second in the country after New York City.

Source: Wikipedia