Integrating into the “friend circle” of Qianhai with a world vision

Along with the constant advancement of Shenzhen’s construction as a pilot demonstration area of socialism with Chinese characteristics and construction of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Binhaiwan Bay Area will actively align with Shenzhen’s spillover demands for resources, providing stable and strong support. Themed “Binhaiwan and Qianhai Turning the Tide Together”, Dongguan Binhaiwan Bay Area Value Investment Sharing Session was hosted to explore in-depth integration of Binhaiwan and Qianhai against the backdrop of integrated development of Dongguan and Shenzhen.

With the interactive development of Shenzhen and Dongguan, the effects of empowerment will appear more prominently. With capacity being expanded Qianhai will bring more business opportunities and broader market space. The adjacent Binhaiwan Bay Area will emerge as the first choice for Shenzhen’s spillover industries.

It is said that in terms of mechanism and system, BinhaiwanBay Area is striving to establish normalized negotiation and coordination mechanism with Shenzhen, promoting in-depth cooperation and development. With regard to public services and government services, Binhaiwan Bay Area is aligning with and catching up with Qianhai, ensuring investors to enjoy equal supporting public services in both places. It is actively facilitating common access to government services and creating a business environment at the same level of Qianhai. Regarding industry alignment, Binhaiwan Bay Area focuses on its own industry characteristics and advantages and strengthens coordinated development with Qianhai in such areas as new generation of electronic information, artificial intelligence, life health, marine economy and modern service. In terms of platform planning, Binhaiwan Bay Area is actively exploring platform construction and striving to be incorporated into the expansion range of Guangdong Pilot Free Trade Zone so as to align with the coupling demand of Qianhai Free Trade Zone.

At the sharing session, Wang Jingsheng, Counselor of the State Council and member of the expert panel of the State Council’s reforms to streamline administration and delegate power, improve regulation, and upgrade services, pointed out that dependent on Shenzhen’s experience of building an innovative market, Binhaiwan Bay Area will embrace unprecedented development advantages as it enjoys the policy opportunity of expansion of Qianhai, its geographic location of being in the center of the Greater Bay Area, and a sound business environment and supporting policies. In the future, Binhaiwan Bay Area will emerge as a leading place for nurturing an innovative market and a converging place for innovation resources in the Guangdong-Hong Kong-Macao Greater Bay Area.  

“Constructing Binhaiwan Bay Area by adhering to high standards and high positioning,” represents the high expectations of Dongguan CPC Municipal Committee and the People’s Government of Dongguan Municipality on Binhaiwan Bay Area with regard to openness and cooperation. Bai Tao expressed that the Binhaiwan Bay Area Value Investment Sharing Session hosted in Shenzhen attempts to strengthen exchanges and cooperation of various parties, converge more innovation factors and quality resources from various sides to build a long-term mechanism for exchanges and cooperation.

“Dongguan now embraces the best of time in history. The time for investment in Dongguan is now.” Bai Tao expressed in his address that “Dongguan Binhaiwan Bay Area now enjoys infinite potential and prospects. Investing in Dongguan Binhaiwan Bay Area heralds a bright future for investment in Dongguan.”