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Why are there so many multimillionaires in Shenzhen and Guangzhou?
Shenzhen and Guangzhou are strategically located, just one step away from Hong Kong's international metropolis. Guangzhou is the capital city of Guangdong, a national central city, an international business center and a comprehensive transportation hub. Shenzhen is the window of China's reform and opening up and a new immigrant city. From a small fishing village to a first-tier metropolis, it reflects the speed of Shenzhen. These two points fully show that there are many advantages in policy and have contributed to the rapid economic development of these two cities.

According to incomplete statistics, by the end of 20 19, the permanent population of Guangzhou was150,000. Every year, a large number of people from all over the world flood into this city, driving the local economy, thus forming a series of industrial chains, including Guangzhou's top ten industries, real estate, finance, decorative building materials, furniture, sanitary ware, shoes and hats. Cosmetics and packaging industries, as well as food and beverage, have created many ordinary people with no background every year in the exhibition decoration and construction industries, and are called multi-millionaires. Every day, the market for shoes, hats, clothing and bags is full of people. Everyone in the busy shop has tens of millions of assets, so I won't give you an example. These pillar industries have driven many hardworking and intelligent businessmen to become multimillionaires.

According to incomplete statistics, the resident population of Shenzhen exceeds130,000. With developed transportation, convenient export trade and open policy, Shenzhen is the distribution center of electronic products in the world. Shenzhen Huaqiang North's electronic products are exported to all parts of the world, and there is an endless stream of foreign businessmen coming to Shenzhen every year, which makes the cross-border e-commerce environment here more advantageous. Every year, a large number of young people with dreams come here to start businesses. Because the industrial chain is mature, products are more competitive, whether it is logistics cost or supply chain.

The above two cities have two characteristics, as follows:

The increasing population of two first-tier cities has driven many other industries, such as catering and beauty salons. As the saying goes, some people consume, which also makes more shops in all walks of life make money and gradually become multi-millionaires.

Second: the influx of a large number of people, economic development and urban construction need to be continuously upgraded. There are too many villages in the city in two cities. According to the urban planning, some areas need to be demolished and some areas need to be rebuilt, which makes many multimillionaires rich overnight.

The economic development of Guangzhou and Shenzhen, the increase of population and the increase of housing demand, which are in short supply, have also promoted the rise of housing prices and made many owners become multimillionaires within a year or two.

The above is my summary of the reasons why there are many multimillionaires in Shenzhen and Guangzhou. If you have any questions, please leave a message in the comment area and let's communicate together.