Seventy-something Hong Kong retiree Leung Ching says a meal for four in Shenzhen, the megacity in mainland China roughly an hour’s train ride away, that cost just over 300 yuan (US$45) a few years ago now runs to 500 to 600 yuan. It would cost around HK$1,000 (US$127.50) in Hong Kong, but only 300 yuan in Guangzhou and just 200 yuan in Zhongshan, two cities within two hours of Hong Kong. “Shenzhen is becoming less and less affordable,” said Leung, a retired vendor. Last year, consumer prices in...
Shenzhen too pricey? Cost-conscious Hongkongers dig deeper into mainland China
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SCMP - China Feed 2By He Huifeng
EXECUTIVE SUMMARY
Seventy-something Hong Kong retiree Leung Ching says a meal for four in Shenzhen, the megacity in mainland China roughly an hour’s train ride away, that cost just over 300 yuan (US$45) a few years ago now runs to 500 to 600 yuan. It would cost around HK$1,000 (US$127.50) in Hong Kong, but only 300 yuan in Guangzhou and just 200 yuan in Zhongshan, two cities within two hours of Hong Kong. “Shenzhen is becoming less and less affordable,” said Leung, a retired vendor. Last year, consumer prices in.
Key Takeaways
- Cost-conscious Hongkongers dig deeper into mainland China.
- It would cost around HK$1,000 (US$127.50) in Hong Kong, but only 300 yuan in Guangzhou and just 200 yuan in Zhongshan, two cities within two hours of Hong Kong.
- “Shenzhen is becoming less and less affordable,” said Leung, a retired vendor.
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Published originally on SCMP - China Feed 2
