Hong Kong companies are expanding their operations in the new Qianhai Free Trade Zone, an area of Shenzhen in Guangdong province.
Wang Jinxia, spokesman for the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone of Shenzhen, said Hong Kong companies have set up production facilities and branches in the area.
"Shenzhen have promised to expand co-operation with Hong Kong in constructing Qianhai into a major regional financial center in the southern Chinese area," Wang, who is also the liaison director of Shenzhen Administration of Qianhai Bay Bonded Port, said.
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