Shunde’s urbanization can be characterized into four phases: village-based urbanization in the 1980s, rural-urban integration in the 1990s, accelerating urbanization at the beginning of the century, and urban upgrading into liveable city at the Greater Bay Area today.
The Shunde government has been avidly promoting the development of emerging industries in the fields of smart manufacturing, robotics, industrial design, tourism, modern conventions and exhibitions, e-commerce, and biopharmaceuticals.
Behind Shunde’s famous companies, there is always a legendary founder. Many of them hailed from township enterprises and were once peasant entrepreneurs. They have overcome many obstacles to lay the foundation for Shunde’s economic success.
Shunde implemented innovative policies guiding the change of business model from the initial TVEs to the subsequent foreign joint ventures and domestic private businesses. The “Shunde model” is market-oriented, integrated with the world economy and largely private-owned.
The transformation of Shunde’s town and village enterprises into global manufacturing giants today was not an easy process. This article reviews the growth story of Shunde and its integration into the global economy.