Qianhai Leads the Cooperation of Shenzhen and Hong Kong
27 June 2024 - 1:50PM
On July 1, Hong Kong will celebrate the 27th
anniversary of its return to the motherland. As the
"bridgehead" for the integration and cooperation of Shenzhen
and Hong Kong, the Qianhai Shenzhen-Hong Kong Modern Service
Industry Cooperation Zone has become the "first stop" for
Hong Kong people and enterprises seeking development
opportunities in the Chinese mainland.
In mid-June, the Guangdong-Hong Kong Cross-border
Government Services (Qianhai) Zone was officially
launched. A growing number of Hong Kong
youth have praised Qianhai as a "fertile ground for
entrepreneurship" and found a "sense of
home" here. All these achievements demonstrate Qianhai's
commitment to advancing the cooperation of Shenzhen and Hong
Kong.
Qianhai is located on the eastern shore of the
Pearl River Estuary. The area was established in 2010 with a total
area of about 15 square kilometers and expanded to 120.56 square
kilometers by 2021. With one side adjacent to Hong
Kong and the other to the 100-kilometer "Golden Inner
Bay" around the Pearl River Estuary, Qianhai boasts a unique
geographical advantage. This year marks the fifth anniversary of
the release of the Outline Development Plan for the Guangdong-Hong
Kong-Macao Greater Bay Area (GBA). As the construction of the
GBA speeds up, Qianhai has played an increasingly
important role in deepening the cooperation of Shenzhen and
Hong Kong.
Over the years, Qianhai has continuously
contributed to expanding the market and broadening economic
development space for Hong Kong. According to the data released by
Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry
Cooperation Zone, to date, more than 10,000 Hong Kong residents are
employed and reside in Qianhai. It is also home
to 9,055 registered Hong Kong enterprises with a total
registered capital of 946.947 billion yuan. Numerous Hong
Kong people and enterprises have witnessed Qianhai's "Shenzhen
speed" in supporting Hong
Kong's integration into the national
development. For example, the "Qianhai Hong Kong Enterprise
Loan" has been launched, and 23 categories of professionals
from Hong Kong and Macao can practice in
Qianhai after registration. The pioneering "Hong Kong
Jurors" and "Hong Kong
Mediators" systems aim to enhance the openness of
legal affairs and the alignment of cross-border commercial
laws. The Qianhai Hong Kong Youth Development Center has been
put into service, and the Qianhai Shenzhen-Hong Kong Youth
Innovation and Entrepreneur Hub has continuously upgraded its
functions. Moreover, a cross-border bus service from
Qianhai to Hong Kong is available, allowing visitors
to travel from the Shenzhen Bay Port to Hong
Kong after a transfer. These supportive policies and
innovative systems attract Hong Kong residents to settle in Qianhai
and encourage Hong Kong enterprises to invest and develop their
businesses here.
Currently, Hong Kong and Qianhai are forging
closer ties in more areas. For example, 49 of the 199
newly-appointed people's assessors at the Qianhai Court are
from Hong Kong. Additionally, 691 of the 1,195 startup teams
incubated at the Qianhai Shenzhen-Hong Kong Youth Innovation and
Entrepreneur Hub are from Hong Kong. Around 30% of the 155
enterprise engineering centers, engineering laboratories, and other
innovation platforms in Qianhai are jointly built by Hong
Kong-funded enterprises.
"Qianhai brings together the talent, policies,
capital, and market we need for our startup. Its proximity and
cultural similarities allow us to establish our business more
quickly," said Yu Guangtao, founder of Inspro Science, in
an interview with the media. "After three years of development in
Qianhai, we have over ten patents, and our revenue is expected
to exceed 10 million yuan this year," he added.
With the release of the Overall Development Plan
for the Qianhai Shenzhen-Hong Kong Modern Service Industry
Cooperation Zone in December 2023, Qianhai has entered a new
phase of development. Looking ahead, Qianhai will further
achieve connectivity in infrastructure and public services, enhance
the openness of factors such as the business environment
and talent recruitment, and create a high-quality hub for the
development of the modern service industry together with Hong
Kong.
Source: Authority of Qianhai Shenzhen-Hong Kong
Modern Service Industry Cooperation Zone
Contact person: Ms. Meng, Tel: 86-10-63074558