I recently had the opportunity to explore both Shenzhen and Hong Kong, two cities in China that, despite their proximity, offer vastly different experiences.
Towering skyscrapers, futuristic architecture, and a palpable energy permeate the air. Shenzhen is a city obsessed with innovation. Tech giants like Tencent and Huawei have their roots here, and the city's streets are teeming with startups and tech enthusiasts.
What struck me most was the city's relentless focus on the future. Everything from transportation to infrastructure is designed with efficiency and modernity in mind. The ubiquitous presence of electric vehicles, the seamless integration of technology into daily life, and the government's unwavering support for entrepreneurship create an environment ripe for disruption.
In stark contrast to Shenzhen's futuristic landscape, Hong Kong offers a harmonious blend of East and West. Its iconic skyline, a mix of colonial architecture and towering skyscrapers, is a symbol of its rich history and global influence. The city's vibrant culture, world-class shopping, and delectable cuisine make it a magnet for tourists and business people alike.
However, beneath the glitz and glamour, Hong Kong is grappling with its own set of challenges. The rising cost of living, political tensions, and the looming shadow of mainland China's influence are casting a shadow over the city's future.
It has been an unique, eye-opener and wholesome experience.
As shared in an earlier blog post, this was a budget trip funded by passive income and was booked merely 3 weeks in advance with minimal planning.
Here are some reflections on the trip.
Day 1: Arrival at Bao'an International Airport, Check-in Lan'Ou Hotel, Kingkey 100 Tower, Dongmen Pedestrian Street
Day 2: Hong Kong - Tsim Sha Tsui, Avenue of Stars, Victoria Harbour, International Finance Centre, Central Mid-Levels Escalator, Electric Pram, Festival Walk Mall
Day 2 was interesting as we visited Hong Kong for the first time in our lives and entered by foot as we trudged into the immigration via Luo Hu Port from Shenzhen. Clearing both immigrations was a breeze and took less than 40 mins.Day 3: Kingkey Banner Centre, Seaworld and Shekou City walk
We started the day with some shopping at the Bigoff outlet in Kingkey Banner Centre, at Shajing, north of Shenzhen. Authentic old stock of branded clothes can be found and knock-down clearance prices ranging below $15 for a T-shirt and below $40 for a pair of Adidas or Nike sneakers.Dinner at Xijiade Dumpling 喜家德水饺 concluded the day. It was sumptuous and costs just RMB 47 or less than $9 for 2 pax.
Day 4: Qiushuishan Park, Shenzhen Bay Park
In the morning, we visited a non-touristy Qiushuishan Park where there is a small replica of Great Wall of China and viewing point of the entire Shenzhen landscape.Day 5: Huaqiang Bei Commercial Street, Bao'an International Airport
Day 5 was almost the last day as our flight was at 3.30am on the next day. We packed up and checked out of the hotel at around 1pm before exploring the Huaqiang Bei Commercial Street, which hosts an electronics and digital hub exporting gadgets and electronics parts wholesale to rest of China and the world. We had lunch there and visited a few malls, each specialising in mobile gadgets, assessories or computers respectively.Due to shortage of time, there are many places of interest that we did not manage to cover - Window of the World, Ping an Tower, Splendid Folk village, Dafen oil painting village, other parks and so on.
Let me briefly share on some takeaways from this trip.
1. Digital Cash is the future King
Immersed in the digital ecosystem of payments and micro-apps in Shenzhen, we did not encounter any failure despite initial glitches with registration or timeouts in the Wechat and Alipay apps. In China we could ditch away our wallets and purses as cash, coins and keys become obsolete in a Smart city. It is strange to realise that no shop nor restaurant encourage manual orders nor accept cash. We could easily top up our multi-currency cards such as Youtrip, Wise, Revolut or even use native OCBC, UOB or DBS apps to scan Alipay or Unionpay QR codes in China for payment. Digital Cash is just numbers online and will be the King of the future!
2. Transport is robust and complex
The metro system in Shenzhen is much more complicated and complex than Singapore's. There are 16 lines, each with different colours- navy blue, light blue, purple and so on. Usually, from point A to point B, there are more than 3 routes and we need to find the most efficient route by Baidu map. Fewer stops do not mean shortest path.
3. Chinese technology is impressive
While using Baidu for GPS navigation, I realized that they are much better than Google map in terms of reactivity, precision and accuracy. We will be prompted instantly on a any deviation from proposed route and the accuracy can be down to less than 1m. I was impressed that Baidu is able to detect in real-time the station I am at on the bus or metro while during navigation. The computation of estimated time of arrival is also very precise. The widespread adoption of smart technologies, electric vehicles, apps and sensors in the city could cause over reliance on power and promoted the need for power banks rental stations for phones and battery swapping stations for electric vehicles. Robots and AI technologies are also prevalent in hotels, retail industry and payment scenes. Alipay supports facial payment while Wechat pay supports palm payment. Technologies used for advanced use cases such as clearing immigration are beginning to be being deployed widely for daily use needs.
4. Great food and hotels at affordable prices
The food in Shenzhen is predominantly Canton style, delicious and at much cheaper prices compared to Singapore or Hong Kong. They also have local food shops like coffeeshops in Singapore offering $3 rice or noodle buffet with local dishes. Their atas restaurant prices are only at our food court levels while our restaurant food prices can afford fine dining or international buffet in Shenzhen.
5. A City Rich with Culture and Vibes
Contrary to the claims of those who view Shenzhen as lacking in culture due to its significant migrant worker population, I believe the city is both vibrant and welcoming, with a unique and dynamic atmosphere.
Situated in the Pearl River Delta region, Shenzhen boasts a prime location, surrounded by natural beauty and positioned at the crossroads between Asia and the West.
My travels between Shenzhen and Hong Kong underscored the rapid pace of change in Asia. Shenzhen's relentless drive for innovation and openness to the future serve as important lessons for cities worldwide. Meanwhile, Hong Kong’s rich historical tapestry and global connectivity highlight the value of preserving cultural heritage while navigating contemporary challenges, much like Singapore’s approach.
Hi Qiongster
ReplyDeleteNice write up and thanks for sharing.
I am putting Hong Kong and Shanghai on my bucket list. Have not visited China before and hoping to do so in near future.
Holidays are always that much sweeter when they are covered by passive income!
In fact, when one reaches Financial Independence, everything is supposed to be covered by passive income! Daily expenses, holidays, medical, car, gifts, home improvement & repairs, etc.. That’s what it’s all about.
Keep writing! Always enjoyed your blogposts.
Hi mysecretinvestment,
DeleteThank you for reading and comments. I enjoyed your blog posts too.
Cheers,
Qiongster