Shenzhen residents take part in morning exercises. The city has been named an 'emerging startup hub' by Inc magazine. Photo: Reuters
China's southern boomtown of Shenzhen could be the "Silicon Valley for hardware makers", according to a ranking of emerging start-up hubs around the world by well-respected US magazine Inc.
Shenzhen, which neighbours Hong Kong, is already home to a number of major tech firms, including Chinese web giant Tencent, drone maker DJI, and smartphone manufacturer OnePlus.