HONG KONG - The opening ceremony for the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone was held here on Monday, presided over by Hong Kong Chief Executive John Lee Ka-chiu.

The Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone is established under the vision of "one river, two banks" and "one zone, two parks". It consists of the 87-hectare Hong Kong Park and the 300-hectare Shenzhen Park. The Hetao Hong Kong Park is located in the Northern Metropolis, an area adjacent to the border with South China's tech hub Shenzhen.

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According to the development outline for the cooperation zone promulgated by the HKSAR government in 2024, the Hetao Hong Kong park will focus on four major development directions, namely "to build a world-class industry-academia-research platform"; "to establish an internationally competitive R&D (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".