The Dream Factory of China

Source :Qianhai Communication Center

Hong Kong and Macao political advisors in Shenzhen shared ideas on the construction of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone and the Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone in Futian at a panel discussion at the annual meeting of the city’s political advisory body that opened Thursday.

The discussion was held after the opening of the First Session of the Seventh Shenzhen Municipal Committee of the Chinese People’s Political Consultative Conference (CPPCC), which will end Sunday.

“Qianhai should pilot deeper integration and cooperation in the international, legal and professional fields between Shenzhen and Hong Kong,” said Albert Cheung, vice president of Hong Kong Volunteer Federation.

Cheung also suggested on constructing a Guangdong-Hong Kong-Macao Greater Bay Area (GBA) intellectual property coordination center in Qianhai, which combines Shenzhen’s advantage on scientific innovation and Hong Kong’s well-established Anglo-American legal system.

The Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, which is also known as the Lok Ma Chau Loop area (the Loop), is the only cooperation platform for technology innovation in GBA. It is also a national platform and carrier for innovation cooperation between Shenzhen and Hong Kong.

Fong Chau, chief research officer of the One Country Two Systems Research Institute in Hong Kong, was one of the participants in the formulation of the development strategy of Qianhai and the Loop. He suggested that the Loop should be built into a conjunction point of China’s “dual circulation development paradigm” and a platform for international high-end scientific and technological talents.

“If the cooperation zone receives policy support from the Central Government, it is expected to give full play to the advantages of ‘One Country, Two Systems’ to facilitate the free flow of personnel, capital, goods and information in the zone, thereby attracting more international scientific and technological innovation enterprises and talents," he said.