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                 paperwork, and a concrete or long-term blueprint has yet to be   tech innovation mechanisms from Hong Kong and overseas,
       SZ-HK I&T Co-operation Zone as a Pivot: Driving HK-SZ Collaborations Forward
                 materialised. Meanwhile, the governments of Shenzhen and   and holistically considered how to create a favourable policy
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                 Futian  have already confirmed the planning for the Shenzhen   environment. Shenzhen park is on track to realise its medium and
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                 park  and committed to aligning itself with the most conducive   long-term plans for 2035;  and has rolled out a “Policy Package”
                                                                            that supports technological research, and innovation and
                                                                            entrepreneurship in the Shenzhen park.  The policies facilitate the
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                 Figure 7    Current state of the Hetao Shenzhen/           input of resources from Hong Kong, Macao and overseas, as well
                           Hong Kong Innovation and Technology              as enable research institutes in the Mainland to go international,
                           Co-operation Zone (aerial view)                  thereby opening up the possibility for “the mode of the Loop” in
                                                                            international innovation collaborations.
                                                                            In relation to the Zone’s construction progress (see Figure 7), the
                                                                            first batch of development of the Hong Kong park is expected to
                                                                            begin by the end of 2022 and one-tenth of the total surface area of
                                                                            the park, amounting to around 120,000 sq. m of land covered by
                                                                            buildings, is expected to be completed by phases during the
                                                                            period of late-2024 to 2027.  Meanwhile, the Futian Free Trade
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                                                                            Zone located at the Shenzhen park completed the construction of
                                                                            a research space of 370,000 sq. m in 2020 and is now in use by
                                                                            four innovation platforms.  Demolition works at the Huanggang
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                                                                            Checkpoint area were completed in 2020 to free up a total of
                 Aerial photo taken on 1 June 2021. The island to the south of the Shenzhen River (i.e., the
                 horizontal river in the middle of the photo) where land formation works are in progress is the
                 Hong Kong park. The built-up area to the north of the River is the Shenzhen park
                 (Huanggang Checkpoint area).

                 18   The Shenzhen Municipal Government set up the Steering Group on the Development of the Hong Kong-Shenzhen Innovation and Technology Park in the Loop, with its office managed and
                   operated by the Futian District Government.
                 19   In August 2020, the Shenzhen Municipal Government issued “Shenzhen Municipal People’s Government’s Comments on supporting Shenzhen Innovation and Technology Zone of
                   Shenzhen-Hong Kong Innovation and Technology Co-operation Zone to establish the International Opened-up Innovation Hub” (《深圳市人民政府關於支持深港科技創新合作區深圳園區建
                   設國際開放創新中心的若干意見》), which suggested setting up an experimental zone for state-of-the-art biomedical technology in the Loop to achieve policy breakthrough in the adoption of
                   new drugs and new medical devices in use internationally, and to encourage the development of advanced clinical technological research projects on stem cells and immune cells.
                 20   In September 2020, the Shenzhen Municipal government organised a hearing on “Technological innovation planning for Shenzhen Innovation and Technology Zone of Shenzhen-Hong Kong
                   Innovation and Technology Co-operation Zone (2020-2035) (Draft for Consultation)” (《深港科技創新合作區深圳園區科技創新規劃(2020-2035年(徵求意見稿)》.)
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