Thirty Years of Turbulence - Chinese Enterprises

作者：admin  点击次数：30  发布时间：2025-06-22

The real estate project developed by Liu Tian is called "Donghu Liyuan". The first phase consists of 108 new houses. After designing the house drawings, he began selling them in Hong Kong. In just three days, the 108 houses still on the drawings were sold out.

The success of "Donghu Liyuan" has greatly enlightened Shenzhen people. They quickly came up with a new plan and proposed the idea of collecting land use fees, with a land use fee of HKD 4500 per square meter. This land price is only 1/11 of that of Hong Kong across the river. Shenzhen has used hundreds of millions of yuan in revenue to remove soil mounds, fill in gullies, open roads, provide electricity, water, and postal services. From 1980 to 1985, Shenzhen actually utilized 1.28 billion yuan of foreign investment, completed a total of 7.63 billion yuan of infrastructure investment, and built a large number of new energy, transportation, communication and other infrastructure projects, initially forming nine industrial zones. Hong Kong and foreign businessmen flocked to the special zone to set up factories and companies. The south wind has been heading north ever since, and the trend of openness is unstoppable.