The idea of the "Shenzhen-Hong Kong Innovation Zone" is basically a geographical zone concept, Mr Liu explained. The Shenzhen Government now looks forward to further integrating the advantages of the two cities to develop a characteristic "Shenzhen-Hong Kong Area".

"The Innovation Zone will definitely demonstrate its impact on the stage of the international economy and in the arena of science and technology. In addition, it will also play a critical role in the China's national development strategy. Our contributions will make the Shenzhen-Hong Kong Area become more prominent in the global economy," Mr Liu said.
 

He went on to suggest that the Shenzhen-Hong Kong Innovation Zone has three functions that will utilize the advantages of the Shenzhen-Hong Kong Area to develop its competitive edges, specifically the sharing of resources, making access between the two more convenient and increasing education ties.

In terms of sharing of resources, Liu pointed out that Hong Kong has world-class research facilities and professional personnel. Both Shenzhen and Hong Kong would benefit if these resources could be shared among the R&D and industry sectors.

In the case of education, Mr Liu acknowledged one of the major developments at university level to be the successful Shenzhen-Hong Kong Institution (Industry-Education-Research), launched by the Shenzhen government, Peking University and UST in 1999.

To increase ties between universities either side of the border, Mr Liu said he hoped that institutions in both cities could mutually recognize credits, appoint faculty members and undertake joint research projects.

Improved access is the key to the integration of the two places, Mr Liu concluded. He hoped the exchange of talent and industrial collaborations would be further boosted by simplifying customs and excise procedures.

"Shenzhen and UST are two role models of successful fast development. In the 15 years since the establishment of the University, we have focused on innovation and striven for excellence.

"To spearhead development in the next 15 years, we have drawn up a strategic plan with one of its major objectives to extend the University's influence in the Mainland. Based on our existing achievements, we look forward to developing our collaborations with Shenzhen faster, deeper and wider."

The lecture was attended by over 300 guests including UST faculty, students and alumni. Also present were members of the Hong Kong Chinese Enterprises Association, faculty members of other local institutions and the Innovation and Technology Commission Assistant Commissioner, Mr Brian Lo.

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Shenzhen Government