Once a sleepy fishing village, Shenzhen is now one of China’s most prosperous cities and could soon overtake Hong Kong in economic terms. Photo: Xinhua

Shenzhen economy closing in on Hong Kong under revised calculation methods

Inclusion of R&D spending in GDP calculations means mainland city may soon overtake its illustrious neighbour

Topic |   China economy

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Once a sleepy fishing village, Shenzhen is now one of China’s most prosperous cities and could soon overtake Hong Kong in economic terms. Photo: Xinhua
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