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New Opportunities for Science and Technology of Guangdong-Hong Kong-Macao Greater Bay Area: Complementary with Guangdong Province and Hong Kong

New Opportunities for Science and Technology of Guangdong-Hong Kong-Macao Greater Bay Area: Complementary with Guangdong Province and Hong Kong

Guangdong Province is an important scientific and technological base in the mainland of China. In 2016, more than 6,500 high-technology enterprises were established in the province, accounting for one fifth of total proportion in China which comes first amongst all provinces. With the advantages of Guangdong Province, Guangdong Provincial Government issued the Guangzhou-Shenzhen Science and Technology Innovation Corridor Plan at the end of 2017 to build up an innovative economic belt linking up with Guangzhou, Dongguan and Shenzhen, aiming to play the leading role on innovation ability of science and technology industry by 2020. With the rapid development of Guangdong-Hong Kong-Macao Greater Bay Area, technology innovation is always the irreplaceable part of it, making effort to lead the tendency of technology innovation into Hong Kong and Macao and jointly facilitating Guangdong, Hong Kong and Macao Bay Area to become an international technology innovation center.

In order to find out how Hong Kong and other regions can complement each other's strengths on technology innovation under the framework of the construction of Guangdong-Hong Kong-Macao Greater Bay Area. Because of the assistance of the Department of Commerce of Guangdong Province, the Research Department of Hong Kong Trade Development Council visited three cities of Guangdong Province which are Guangzhou, Dongguan and Shenzhen in September 2018 for bringing more and better opportunities of cooperation and development into Hong Kong and Guangdong Province and communicating with the regional trade officials and the representatives of high-technology enterprises.

Pionmi Innovation and Technology (Guangzhou) Co., Ltd. (referred to as "Pionmi" hereinafter), one of the interviewees, appropriately demonstrating about how Hong Kong enterprises utilize effectively the resources provided by Guangdong Province to enhance their competitiveness and grasp the greater opportunities of development in the mainland market.

Entering the Mainland Market Actively

Pionmi is a high-technology enterprise specializing in aluminum dyestuffs since it was established in Hong Kong in 1993. Pionmi’s product-line includes the various metal surface treatment agents, anodizing dyes for aluminum materials and their pre-and post-treatment auxiliaries, such as degreasers, sanding agents, oxidation auxiliaries and etc.

The business scope mainly focused on Hong Kong in the beginning. Nevertheless, the problems about environment pollution would be inevitably caused by Pionmi’s new materials applied to industry so the management team decided to transfer the business into the mainland in