Shenzhen and Hong Kong had decided to cooperate with each other though the agreement on May 21, 2007 to build a“Shenzhen-Hong Kong Innovation Circle” after the approval of the central government. This agreement aims to pool their innovative resources, particularly in the field of technological innovation.

According to Liu Yingli, deputy director and secretary-general of the organizing committee of China High-tech Fair, their innovative efforts will be influential in the global community, earn a prestigious status in the country and make a bigger contribution to the regional economy.

The event was part of the ongoing month-long promotion activity held in Beijing by the Shenzhen local government to highlight the city’s high-tech achievements in the 28 years since its establishment. “We have taken advantage of the incentive policies of the central government to push forward technological and innovational cooperation between Shenzhen and Hong Kong,” Liu noted.

The two sides governments will introduce new investment from DuPont which will build a research center in Hong Kong and a manufacturing facility in Shenzhen for amorphous silicon (a-Si) thin film to support the rapidly growing photovoltaic (PV) solar energy industry.

Liu Jin, deputy director of Shenzhen Bureau of Science, Technology and Information said that their cooperation was constructive and proceeding rapidly and the cooperation between Shenzhen and Hong Kong would attract more investment. In 2007, the governments also set up a website to promote the sharing of the equipment, labs and professors at technological institutes in Shenzhen and Hong Kong,

Besides financial subsidies, the government of Shenzhen has paid much attention to nurturing high-tech professionals. “Talented people have played a very important role in Shenzhen’s economic development. We cherish talents and have improved our systems to allow them to fully demonstrate their abilities,” Liu said.

The latest policy from the government is to spend 1 million yuan each in selecting high-tech professionals, which could be used for studying overseas, attending international meetings or employing assistants.

“There is no limitation in terms of age or required academic titles. The most important aspects are your achievements and technologies,” Liu said, adding that the first batch of talents has been selected.

After 28 years of development, Shenzhen, once a small fishing village, achieved a GDP of 676.5 billion yuan ($99 billion) last year. Percapita GDP hit a record high of $10,628, No 1 among mainland cities. The high-tech industry generated 219.6 billion yuan ($32 billion) in added value last year, which accounted for nearly one-third of the city’s GDP.

This progress should be owed to the government’s strategic focus on developing the high-tech sector by which the China High-tech Fair was organized a decade ago.

As a result, some high-tech products manufactured by Shenzhen firms have been used in the stadiums, infrastructure and system management of the Beijing Games, said Liu, a former vice-mayor of Shenzhen.

Along with a special zone to showcase technologies for the Olympic Games, the China High-tech Fair, which will be held from Oct 12 to 17 at Shenzhen Convention & Exhibition Center, will also display some new technologies for supporting buildings in earthquake zones, said Li Zhen, director of China High-tech Fair Exchange Center.

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