The Port of Yantian is located in Guangdong Province in southeastern China on the coast of the South China Sea just 36 kilometers north of Hong Kong and about 47 kilometers east-northeast of the Port of Huadu. Until 1979, it was a small border town with about 30 thousand residents that served as a customs station from the Port of Hong Kong into mainland China.
The Yantian District is one of six districts in Shenzhen City. In 1979, it was designated a special economic zone by the People's Republic of China, opening the town to foreign investment. Since 1980, the area has grown unimaginably, with 7.6 million living in the Shenzen metropolitan area.
The Port of Yantian is one of six districts in Shenzhen City in south-central Guangdong Province in southeastern China. In 1979, Shenzhen City was a small town of 30 thousand people on the border of Hong Kong, and the Port of Yantian served as a customs stop as people and goods traveled from Hong Kong to mainland China.
In 1979, the Shenzhen City and the Port of Yantian were declared a Special Economic Zone and opened to foreign investment and exchange. Chinese banks made large loans to help the city and Port of Yantian build schools, roads, housing, and utilities for the fast-growing population.
With the flow of foreign and domestic capital, the city and the Port of Yantian prospered. Workers, including professionals, came to the area to fill jobs in companies that produced pharmaceuticals, chemicals, electronics, textiles, processed foods, and building materials. Economic and population growth stimulated increased agricultural production in the surrounding region.
China's experiment with Shenzhen and the Port of Yantian was so successful that they established special economic zones in several other cities. Shenzhen and the Port of Yantian became an experimental area for economic reforms and liberalization in China, and they established stock markets that were later adopted in other areas of the country.