Hong Kong pushes Greater Bay Area industrial coordination
Bastillepost · 2 SOURCESabout 3 hours ago5 MIN
Summary
Chief Executive John Lee Ka-chiu (李家超) said on Sunday that Hong Kong is actively advancing coordinated development of new industrialisation in the Guangdong-Hong Kong-Macao Greater Bay Area, including discussions with Guangdong on a joint action plan and with Shenzhen on an industrial chain coordination mechanism. Speaking by video at the opening ceremony of the Greater Bay Area Science Forum, Lee said Hong Kong would build an industrial innovation platform with Shenzhen under the principles of joint research and development, coordinated commercialisation and shared development. He added that more than 120 innovation and technology enterprises and institutions have already entered the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone. According to Lee, the park will develop upstream, midstream and downstream linkages with the neighbouring San Tin Technopole and connect with supply chains across the Greater Bay Area.
Key Points
- Lee said Hong Kong will continue promoting coordinated new industrial development in the Greater Bay Area with Guangdong and Shenzhen partners.
- Hong Kong and Guangdong will explore a jointly discussed action plan to support cross-border industrial collaboration and future-sector development.
- Hong Kong and Shenzhen will establish an industrial innovation platform based on joint R&D, coordinated transformation and shared development.
- More than 120 innovation and technology companies and institutions have already moved into the Hetao Hong Kong Park.
- Lee said the “Shenzhen-Hong Kong-Guangzhou” innovation cluster ranked first globally for two consecutive years.
Why It Matters
For Hong Kong, the plan points to a more structured role in turning research into manufacturing and commercial applications through cross-border coordination with Shenzhen and the wider Greater Bay Area. If the Hetao Hong Kong Park and San Tin Technopole develop as described, local firms could gain closer access to regional supply chains and a larger innovation ecosystem.