THE Shenzhen-Hong Kong cooperation zone for technology and innovation, which provides a good environment for teams of entrepreneurs from Hong Kong and Macao, has attracted the settlement of a total of 23 high-tech teams so far from the fields of artificial intelligence, biomedicine and Internet of Things.

Sam Ho, CEO of Shu Tang Information Technology (Shenzhen) Co., said he has more than 20 years of experience in working on startups in Shenzhen. Currently he focuses on the research and development of smart hardwares for non-invasive blood sugar monitoring devices.

“I have witnessed the rapid development of Shenzhen, which is the leading city in reform and opening up in China. The outline development plan for the Guangdong-Hong Kong-Macao Greater Bay Area shows us the determination in innovation and the support for entrepreneurs from Hong and Macao on the State level,” said Ho, adding that startup companies will embrace more development opportunities as time goes on.

“With the unveiling of the outline development plan for the Greater Bay Area, we Hong Kong enterprises have much more to look forward to in our development prospect in Shenzhen. With the support of the cooperation platform of the Greater Bay Area, we will speed up the industrialization of the fruits of research and development,” said Chen Yilin, CEO of Visiona MedTech, a medical innovation company from Hong Kong.

Joe Z. Fang, research director of One Country Two Systems Research Institute, said the Shenzhen-Hong Kong cooperation zone for technology and innovation has a great prospect, and many entrepreneurs from both Shenzhen and Hong Kong wish to set up a research institute in this area. The zone not only enjoys the advantage of Hong Kong’s tax system and free port, but also the unique advantage of attracting international talents.

The cooperation zone straddles the boundary between the two cities, including one square kilometer in the Hong Kong portion and three square kilometers in the Shenzhen portion. (Chen Xiaochun)