Why does it make sense to establish a foreign company in Dubai on the way to the Shenzhen Special Economic Zone in the People's Republic of China?
Consulting research for companies and entrepreneurs at the cutting edge:
The distance between Shenzhen and Dubai is 5933.97 km. With a flight time of 7 hours and 56 minutes, you can reach these mega-cities that are pursuing ambitious goals. Shenzhen is part of the China Bay Area Development Plan, which connects Hong Kong, Macau and eight other major cities. The goal of the Central Committee is to shape the Greater Bay Area into a global innovation center and financial powerhouse.
Shenzhen is a model city, but it can only be and remain successful with a stable Hong Kong. In its guiding principles, the Central Committee of the Communist Party stipulates that Shenzhen should become one of the leading cities in terms of its economic strength and development quality by 2025. The goal is to become a world-class city by 2035.
The Miracle City Shenzhen is working with the Chinese government to establish international organizations, large companies and branches in Shenzhen. Big data centers can be found in Shenzhen.
With the New Silk Road One Belt, One Road, the Central Committee of the People's Republic of China aims to achieve world domination by October 1, 2049. Anyone setting up in the Shenzhen Special Economic Zone should not think in terms of millions, but rather negotiate for billions in order to realize their "Big Thing".
The glittering emirate of Dubai, with its breathtaking skyscrapers, gigantic malls and top-class entertainment facilities and its EXPO 2020 world exhibition planned from October 1, 2021 to March 31, 2022, is struggling with the consequences of the pandemic and against an economic slowdown.
A $34 billion economic stimulus package from the United Arab Emirates could support Dubai's economic challenges, particularly for the real estate sector. Although dominant real estate and development groups are faltering due to falling real estate prices and office buildings from 3D printers in Dubai have also stalled at the limits of technical innovation, it is nevertheless clear that Dubai wants to be the world's number one metropolis in 2025.
3 million Chinese are already in Dubai and Sheikh Al Maktoum has signed contracts for another 1 million Chinese to settle here. Exciting, isn't it? With its hub, Dubai is therefore the crossroads to Asia with its special economic zone Shenzhen in China.
Summary: The Shenzhen Special Economic Zone is the "Silicon Valley" of Asia with a claim to world domination by the People's Republic of China by October 1, 2049. One Road, One Belt is another milestone.
Dubai is poised to become the world's number one metropolis by 2025 , with another one million Chinese planned to settle here.
Germany is in the midst of building an industrial monument. Because "round-the-clock" electric buses have to be imported to Germany from #Shenzhen.
With a business address in Dubai, you are at one of the most exciting intersections with the Shenzhen Special Economic Zone in China when setting up a foreign company.
Why you should still set up a foreign company in 2021? Listen to podcasts from the consultancy: Designing and setting up a company abroad.
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