Shanghai as opposed to Shenzhen, and you will Hypotheses
The two urban centers have indicated solid parallels in macro-top framework. step three Basic, Shanghai and you can Shenzhen provides equivalent highest quantities of financial invention. When you look at the 2005, the latest GDP for every capita is actually 67,492 yuan (approximately ten,652 You bucks) for the Shanghai and you will sixty,801 yuan (approximately nine,600 United states dollars) during the Shenzhen (Shanghai Statistical Yearbook, 2006; Shenzhen Analytical Yearbook, 2010). Next, Shanghai and you can Shenzhen are also the 2 significant migrant-choosing urban centers inside the China. In the 2005, the amount of migrants try cuatro.38 billion into the Shanghai and 5.76 million in the Shenzhen (Shanghai Statistical Yearbook, 2006; Shenzhen Statistical Yearbook, 2010). Third, Shanghai and you can Shenzhen express highest housing costs, and so getting young adults during the positions in which it face comparable structural constraints when creating , an average casing speed try 14,099 yuan (whenever 2,226 Us dollars) for each and every square meter in the Shanghai and eleven,143 yuan (up to step 1,759 United states cash) for every square meter for the Shenzhen, ranked next while the fifth certainly all of the Chinese towns and cities (Livable Urban area Search Laboratory, 2009). Continue reading “Shanghai and Shenzhen bring interesting instances having comparing the new organization ranging from regional hukou traps and you may intermarriage”