New Initiatives Underway for Cross-Border Re
Authorities in Hong Kong will roll out projects to boost re Focus is on innovation zone linking Hong Kong with Shenzhen, set for big changes soon.
The Development Bureau has a plan to tweak strategies for regional framework. Goal: streamline procedures to spark economic activity in the 30,000-hectare area,right next to mainland China.
Officials from China and Hong Kong are deep in talks,aiming to align efforts in Hetao Shenzhen-Hong Kong Science and Tech Zone. A Development Bureau spokesperson said, “We're moving toward a program to strengthen collaboration. Early looks suggest these projects might expand to areas around the park.”
Launched in 2017 with Beijing's input, the innovation zone has two parts: 87 hectares in Hong Kong, 302 in Shenzhen. Industry leaders call for regulatory tweaks on material transfers, like biological samples,to boost partnerships and push city’s ambition to be a top global innovation hub .






