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News Topics | Analysis of Innovation and Entrepreneurship Situation under the Planning of Guangdong, Hong Kong and Macao Bay Area

Release time:

2019-05-15 23:48

Chapter 4 of the outline of the development plan for the Guangdong-Hong Kong-Macao Greater Bay Area stipulates that cooperation in science and technology innovation in the region should be strengthened. The outline proposes to give better play to the role of the Science and Technology Cooperation Committee between the Mainland, Hong Kong and Macao, promote the integration of Hong Kong and Macao into the national innovation system, play a more important role, and promote the construction of the "Guangzhou-Shenzhen-Hong Kong-Macao" Science and Technology Innovation Corridor.

At present, Guangdong Province has become an important science and technology innovation base in the Mainland. In 2016, there were more than 6500 high-tech enterprise industries in the province, accounting for 1/5 of the country, and the number is the highest in the country. In fact, many Hong Kong technology companies have entered Guangdong many years ago to use the advantages of the mainland to promote their own development.

Among them, Baianmei Innovation and Technology Company, which operates aluminum dye products, was established in Hong Kong in 1993 and mainly produces dyed metal products. At that time, the demand for aluminum dye products in the mainland increased, but the relevant technology was still not mastered. Therefore, the chairman of the company, Chen Guoliang, led the company to enter the mainland, registered the company in Guangzhou in 2009, and moved the company's laboratory from Dongguan to Guangzhou South China New Materials Innovation Park in 2016.

Lin Jiaqiang, manager of the administrative department of Baianmei, said that high-tech enterprises operating in the mainland can benefit from preferential policies of the state, provincial and municipal governments. For example, companies can obtain enterprise equipment sharing service platform, investment and financing services, marketing services, entrepreneurship and policy consultation and guidance in the park. Lin Jiaqiang also believes that another advantage of setting up a scientific research and production base in the Mainland is that it is easier to meet local environmental protection requirements.

In addition to transferring scientific research to the mainland, there are also science and technology companies that choose different ways to develop in the mainland. Silver in Water, a well-known start-up company for toxicological testing of fish embryos, started with testing and certification technology in Hong Kong and was invited by the Guangdong Provincial Government to become one of the initiators of the Guangdong Quality Improvement Alliance at the beginning of last year.

Chen Zixiang, founder of the company, said that since the level of testing and certification in Hong Kong is authoritative both at home and abroad, it is still good for the company's testing tolerance to stay in Hong Kong. Chen Zixiang believes that the biggest attraction of the Greater Bay Area to the company lies in the huge market with a population of more than 70 million. With the rise of urban living standards in the Greater Bay Area, residents' demand for high-quality products is also increasing. Therefore, the company has established a "Xiaoyu Pro-Test" consumer product safety information platform to certify the quality of products of different companies, and then assist in promotion and enhance the value of customers' products. "One of the milk powder merchant customers, 2017 sales are50100 million yuan, tested and certified by the company, has the same high quality as international brands with twice the price. After being promoted by the consumer platform, the sales of customers will double within one year. 」

Guo Zhenbang, president of the Federation of small and medium-sized Enterprises, believes that in addition to innovative enterprises, other small and medium-sized enterprises also have many opportunities to expand their business with the help of Dawan District to build an international science and technology innovation center. For example, he pointed out that local professional service companies can cooperate with mainland science and technology companies to provide sales, legal and other professional services, and go to sea together. Guo Zhenbang suggested that Hong Kong SMEs want to strive for development in the Greater Bay Area or other regions, and they can make more use of government resources to upgrade and transform, such as applying for technology vouchers to innovate and update their business models. They can also apply for the Trade and Industry Department's "Special Fund for Brand Development, Upgrading and Transformation and Domestic Market Development" (BUD FUND) to actively expand overseas markets.

However, when it comes to Hong Kong's support for Hong Kong enterprises, Chen Zixiang and Lin Jiaqiang both believe that there are still many places in Hong Kong that need to catch up. Chen Zixiang suggested that the Hong Kong government should refer to the model of self-service innovation enterprises in the mainland and use the funds to purchase start-up products and services to help start-ups open up the market, which is more effective than simply subsidizing start-up operations. When the government becomes a user of a start-up, it will be easier for the start-up to promote its business, so as to attract investment from venture capital funds and use more funds to attract talent to expand its operations, ultimately resulting in the effect of a $1 subsidy to produce $10 in revenue.

Lin Jiaqiang pointed out that the company's chemical products used to be exported through Hong Kong. However, in recent years, the tightening of regulations has made it difficult for the company to export its products through the mainland. He is worried that the Hong Kong government's export and re-export system will not keep pace with the times.

(Guangzhou Bai Anmei Innovation Technology Chairman-Chen Guoliang)

Guangdong-Hong Kong-Macao Greater Bay Area, Science and Technology Innovation Cooperation