Guangdong, Hong Kong, and Macao are entering a new era of fast growth in 
sci-tech innovation and cooperation. On June 30, Guangdong-Hong Kong-Macao 
Sci-Tech Innovation Cooperation Forum was held in Qianhai, Shenzhen. The forum 
aimed to promote the reform of mechanisms for sci-tech development, better 
connect the innovation chains between the Chinese mainland and the two SARs, 
and boost the tripartite cooperation in sci-tech innovation. Representatives 
from universities, research institutions, and business associations attended 
the forum online and offline, according to Authority of Qianhai Shenzhen-Hong 
Kong Modern Service Industry Cooperation Zone.

Mr. Alfred Sit Wing-hang, Secretary for Innovation and Technology of HKSAR, 
said in his speech that Hong Kong has entered a golden era of sci-tech 
innovation, and the Greater Bay Area is definitely the best partner for HK in 
this respect.

Qianhai authority and the University of Hong Kong (HKU) signed, at the forum, 
an agreement on strategic cooperation to jointly support the development of 
entrepreneurship academy, research institutes of financial technology, advanced 
legal studies, and the frontier sci-tech industrial park, as well as the 
construction of a carbon-neutral pilot demonstration zone in Qianhai. All of 
these will give the city an edge in international cooperation and competition 
by accelerating the reform and updating of the sci-tech innovation mechanism 
and enhancing the opening up of financial industry and legal affairs.

Hong Kong people who are optimistic about the prospect of Qianhai in sci-tech 
innovation have long been practitioners of the collaborative innovation of 
Guangdong, HK and Macao. They are the so-called "tide makers" of the new era.

Patrick Chiang, a Hong Kong veteran in the electrical industry, came across the 
business environment in Qianhai last year and was deeply impressed. Three days 
later, he decided to set up his business headquarters here. "I'm thrilled by 
Qianhai's technological innovation and entrepreneurial environment," Mr. Chiang 
said in an interview. "With many technological talents gathering there, 
projects can proceed smoothly. It's easier to find the right supporting 
manufacturers. Besides, various policies help to reduce the costs for the 
company."

Last year, Qianhai International Talent Hub was developed. More and more young 
people in Hong Kong were attracted to start a business in Qianhai. For example, 
LEE Jee Bong, a member of the Hong Kong younger generation, is chasing his 
sci-tech innovation dream here. "In Qianhai, my company develops faster. Now, 
the staff number has grown many folds. We have taken in talents from Shenzhen, 
and even from all over the country. Last year, we were granted the national 
high-tech certification. And our products have been used by quite a lot of 
domestic Fortune 500 enterprises." 

Previously, Qianhai has launched the "2022 Annual Talent Recruitment Action", 
through which a mechanism is established to collaborate with Hong Kong's 
employment sector, to facilitate Hong Kong youth's employment in Shenzhen with 
incentives, housing for talents and other supporting policies. All of these 
have paved the way for Hong Kong young people to excel themselves in Qianhai.

"Qianhai helps us to reduce the living burdens, so that we can feel at ease to 
start a business and concentrate on making better products and better 
business," said Mr. Lee. There is no doubt to him that Qianhai has become the 
preferred destination, or even the first choice for Hong Kong people to fulfill 
their dream in the mainland.

Source: Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry 
Cooperation Zone