Shenzhen is recognized as "China Silicon Valley", and its urban development model refers to the San Francisco Bay Area (the real location of Silicon Valley). Shenzhen has set up Shenzhen Hi-tech Industrial Development Zone and Huaqiang North Business District, the first electronic street in China. Famous high-tech companies headquartered in Shenzhen include Huawei, ZTE, Tencent, BYD, DJI and EVOC.

The status quo of Silicon Valley:

Silicon Valley is a gathering place for high-tech talents in the United States and talents in the information industry in the United States. In Silicon Valley, there are more than 6,543,800 scientific and technical personnel from all over the United States and around the world. Nearly a thousand academicians of the American Academy of Sciences have worked in Silicon Valley, and more than 30 scientists have won the Nobel Prize. Silicon Valley is a holy land for American youth, and it is also an arena and a gold mine for international students.

In Silicon Valley, general companies all implement the trinity management mechanism of scientific research, technology development, production and sales, and highly educated professional and technical personnel often account for more than 80% of the company's employees.