Rapid urbanization occurred in the late 20th century; the agricultural land which once made up a vast majority of Luohu had shrunk to an area of only 12.26 km2 (4.73 sq mi) by 2003.
The Central Business District (CBD) of Shenzhen is a planned development project that began in the early 1990s.
Located in Futian District, Shenzhen City, Guangdong Province, Lotus Hill Park is an urban oasis of natural beauty, cultural heritage and recreation.
Lotus Hill Park is not only an important place for citizens to relax and exercise, but also an excellent choice for tourists to explore the natural scenery and cultural heritage of Shenzhen.
Wal-Mart China has its headquarters in Towers 2 and 3 of SZITIC Square[note 1] in Futian District.
[3] Everbright International has its Shenzhen Offices in Oriental Xintiandi Plaza[note 4] in Futian District.
[5] Ping An Finance Group and China Merchants Bank both placed their corporate headquarters in the Futian District.
Aside from a shopping mall, it also features a popular street bar, large open public spaces and restaurants.
Its counterpart in Hong Kong is Lok Ma Chau Spur Line Control Point, connected through a pedestrian bridge.