Hong Kong: Hong Kong looks to expand cooperation with Shenzhen’s Qianhai in technology and innovation, Chief Executive Carrie Lam said on Sunday, as part of the HKSAR government’s effort to better integrate into the country’s Greater Bay Area development plan.
In the past year, Shenzhen and Qianhai authorities have carried out some favorable measures for Hong Kong businesses and residents, Lam praised the efforts in a video speech at the annual meeting of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone Advisory Committee.
As of October, the number of Hong Kong-funded companies in Qianhai has surpassed 11,000, and over 200 Hong Kong innovation teams were established under a youth innovation and entrepreneur program, Lam said.
This year marks the 40th anniversary of the establishment of the Shenzhen Special Economic Zone as well as the 10th anniversary of the Qianhai Shenzhen-Hong Kong pilot cooperation zone, she noted.
Looking back, Hong Kong has been not only a contributor but a beneficiary in the process of Shenzhen’s reform and opening-up and looking ahead, the two cities should enhance coordination in tech innovation and resources allocation, Lam said.
Qianhai will definitely become a highlight in the Greater Bay Area development plan and provide more opportunities for businesses and people from both Hong Kong and the mainland, she added.
–The Daily Mail-CGTN
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