Shenzhen still on path of transformation

Since the official establishment of the Shenzhen Special Economic Zone 40 years ago, the city has pioneered China's reform and opening-up and in the process undergone a rags-to-riches transformation.

There should be no lack of reflection on this very special occasion, when not only Shenzhen, but also the country's reform and opening-up have reached a historic crossroad.

Shenzhen's rise in the first place illustrates the power of strategic insight. Former leader Deng Xiaoping's informed judgments about domestic and international conditions, courage to blaze a new trail, open mind to embrace the outside world, and modest, no-nonsense approach to international affairs have been instrumental to the achievements made by Shenzhen, and indeed the whole country, over the past four decades.