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BackHidden in the entrepreneurial space with a rent of 1 yuan is the entrepreneurial answer for young people in the Bay Area
Hidden in the entrepreneurial space with a rent of 1 yuan is the entrepreneurial answer for young people in the Bay Area
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中国新闻网12 minutes agoBusiness4 min readChinaView original

Hidden in the entrepreneurial space with a rent of 1 yuan is the entrepreneurial answer for young people in the Bay Area

As of the end of 2025, Shenzhen’s permanent population will be 18.2485 million, and Qianhai Shenzhen-Hong Kong Youth Dream Factory has become the first choice for entrepreneurship among young people in the Greater Bay Area

Quick Look

  • As of the end of 2025, Shenzhen's permanent population reached 18.2485 million, with an average age of 32.5 years old.
  • It has ranked first in the attractiveness of post-95 talents in Chinese cities for three consecutive years.
  • Platforms such as the Qianhai Shenzhen-Hong Kong Youth Dream Factory continue to attract a large number of Hong Kong, Macao and international youth to innovate and start businesses through industrial collaboration and preferential policies.

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Why It Matters

As of the end of 2025, Shenzhen's permanent population will be 18.2485 million, with an average age of 32.5 years old. Qianhai Shenzhen-Hong Kong Youth Dream Factory is the first choice place for mainland youth from Hong Kong and Macao to innovate and start businesses.

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As of the end of 2025, Shenzhen has a permanent population of 18.2485 million people, and the average age of citizens is 32.5 years old. It is a megacity with the youngest permanent population and the most dynamic market in China.

As of November 1 this year, the total number of human resources in Shenzhen has grown to 7.41 million.

In 2025, Shenzhen will attract more than 400,000 new young talents; in the first half of 2026, this number will exceed 300,000. Shenzhen has ranked first in the "Ranking of Attractiveness of Post-95 Talents in Chinese Cities" for three consecutive years.

Not only that, Shenzhen has also clearly proposed to create five worry-free talent development environments: "worry-free career", "worry-free travel", "worry-free residence", "worry-free life" and "worry-free application".

where dreams begin

Hidden answers to Bay Area youth’s entrepreneurship

There is no need to worry about starting a business, and talents are coming in droves. Shenzhen Qianhai Shenzhen-Hong Kong Youth Dream Factory is the first choice place for mainland youth from Hong Kong and Macao to innovate and start businesses. There are currently more than 400 teams in the park, of which Hong Kong, Macao, Taiwan and international teams account for the majority, and a total of more than 1,000 Hong Kong teams have been incubated. Now the park has been invited to join the APEC Entrepreneurship Network, linking Asia-Pacific innovation resources and industrial channels, and building a broad platform from creativity to implementation for the Guangdong-Hong Kong-Macao Greater Bay Area and international youth. How does an idea turn into a product here?

Shu Junyuan, CMO of Shenzhen Liuxing Technology Co., Ltd.: This is our 100th employee (robot dog), who has just returned from inspecting our company and the surrounding environment. It comes with the Eye of Odin, our world's first memory module. LiDAR, vision, and our core algorithms are combined into a small module weighing more than 100 grams. All three-dimensional data, at a distance of 40 meters, has millimeter-level accuracy.

This product is not big in size but has many functions. One of the reasons why this company came to DreamWorks was the industrial synergy in the park.

CCTV reporter Du Siyuan: In DreamWorks, each company's creativity may just solve the problems that neighboring companies encounter in starting a business. The results of industrial collaboration have also been translated into international orders through the close collaboration of this group of entrepreneurial young people.

Zhu Yihao, CEO of Shenzhen Chuangleng Technology Co., Ltd.: I got to know some companies, which are building sensors for cars and robots in the building opposite. Now our office is close to 1,000 square meters and only costs one yuan in rent. About half of our company's team are now in Hong Kong, half are in Shenzhen, and our factory is in Nansha, Guangzhou. DreamWorks is very close to different cities in the Greater Bay Area, and we can quickly reach different office locations through a very complete infrastructure network.

DreamWorks provides not just a desk, but access to the entire Bay Area.

CCTV reporter Du Siyuan: At DreamWorks, lunch time can also be creative time. In the atmosphere of a Hong Kong-style tea restaurant, entrepreneurial young people meet friends and discuss cooperation. An idea and an order may start with a meal like this.

Mo Weixuan, general manager of Shenzhen Qianhai DreamWorks Operation Co., Ltd.: What we do is to turn science into technology, from technology to products, and from products to drive the market. Let them communicate on their own in different situations and find different partners in different fields.

The park implements the "1510" model: 1 yuan rent, 500 million yuan fund, and 100,000 square meters of space. In the two years since its launch, the Youth Science and Innovation Institute of HKU has introduced more than 100 science and technology innovation teams, gathered more than 50 PhDs, and raised more than 800 million yuan in financing for incubated projects.

Zhang Fu, co-founder of Shenzhen Silicon Feather Technology Co., Ltd.: I have a complete scientific research team at the University of Hong Kong. After work, I will come to Shenzhen to support the company's development. When APEC is held, we pay great attention to the discussion of cross-border business. The overseas market is actually quite large.

Mo Weixuan, general manager of Shenzhen Qianhai DreamWorks Operation Co., Ltd.: Different groups have begun to come to our place, and it is becoming more and more lively now. I hope that we can meet more friends here and open our international platform to international friends in different fields.

Open Questions

  • What specific policies will be adopted in the future to further expand the attraction of international talents?

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This article was originally published by 中国新闻网.

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