HONG KONG-SHENZHEN INNOVATION AND TECHNOLOGY PARK BATCHES 2 & 3 DEVELOPMENT

About HSITP

Located in the Northern Metropolis of Hong Kong, HSITP spans approximately 87.7 hectares of land, adjacent to the Lok Ma Chau Spur Line and the Lok Ma Chau control points. The Hong Kong Park, together with the Shenzhen Park on the other side of the river, form the Hetao Shenzhen Hong Kong Science and Technology Innovation Co-operation Zone (the Co-operation Zone). Under the country’s staunch support, the Co-operation Zone is a brand-new testbed for pilot cross-boundary policies, in line with the principle of “one zone, two parks” at “one river, two banks” under the auspices of “One Country, Two Systems”.

HSITP strives to evolve into a world-class I&T hub by advancing its development in four major directions: to build a world-class industry-academia-research platform, to establish an internationally competitive research and development transformation and pilot production base for industries; to foster a hub for pooling global innovation and technology resources, and to cultivate a testing ground for institutional and policy innovation.

Cultivating a testing ground for institutional and policy innovation, HSITP will develop in accordance with the basic principles of “being free and open, connecting the Mainland and the rest of the world, and facilitating movement”. The Hong Kong and Shenzhen governments also plan to implement innovative policy measures to promote the convenient cross-boundary flow of innovation elements.

The development of HSITP will be completed in batches, aiming to put basically in place a highly efficient mechanism for synergistic development of innovation with the Shenzhen Park by 2030, laying a solid foundation for further promoting the comprehensive development of the Hong Kong Park. By 2035, a comprehensive development pattern will emerge, facilitating the advancement of the Co-operation Zone into a global leader in I&T.