The market-based allocation of factors is of great importance to the construction of the market economy system，the enhancement on the whole-market allocation of factors，the improvement of economic efficiency and the promotion of regional economic development. Shenzhen，as the pilot demonstration area，can provide key reference for other cities on solving the reform issues in the fields such as data，land and labor. The thesis is made upon the current researches and summarized the main features of the market-based allocation of factors of production in Shenzhen in terms of systems and mechanisms，factors flow，industrial development etc，pointing out the existing problems in the current market-based allocation of factors of production. The paper has also proposed the countermeasures and suggestions in terms of land，labor，capital and technology，in accordance with the features of the resource factors in Shenzhen.