The Shenzhen Special Economic Zone (SEZ) was established in 1980 in Shenzhen, China, as a pilot area for economic reform and opening up. It aimed to attract foreign investment and promote economic growth through market-oriented policies. The SEZ has since transformed from a small fishing village into a bustling metropolis and a global technology hub. The Shenzhen SEZ features various incentives for businesses, including tax breaks and streamlined regulations. It has become a center for innovation, housing many tech companies like Huawei and Tencent. The success of the SEZ has influenced other regions in China to adopt similar economic strategies.