Shenzhen has ranked top among all large and medium-sized Chinese cities in export volume for 18 consecutive years. Of the Fortune Global 500 companies, 180 have branches in the city. One in every five mobile phones is made in Shenzhen.

Imports and Exports

Total exports and imports reached US$346.75 billion in 2009. Total exports topped the country for the 18th consecutive year with US$204.18 billion, comprising 12.94 percent of the national total. Total imports reached US$142.57 billion.

Direct Foreign Investment

In 2010, direct foreign investment in Shenzhen reached US$4.297 billion, up 3.3 percent from the previous year. Of the figure, the investment from Hong Kong reached US$3.098 billion, up 12.7 percent from the previous year. Investment from the United States reached US$890 million, up 76.7 percent from a year ago.

Economic and Technological Cooperation

In 2010, new contracts worth US$9.24 billion were signed in labor and engineering projects, up 25.09 percent from the previous year. Turnover reached US$7.15 billion, which was up 8.33 percent from the previous year and among the highest in the nation.

Outbound Investment

In 2010, Chinese companies invested actively abroad invested abroad. They set up 257 enterprises and organizations outside the mainland, up 73.65 percent from a year ago. The agreed investment amounted to US$887 million, up 135.61 percent from a year ago.