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                 In recent years, cross-institutional mega research institutes have   Beijing Institute of Mathematical Sciences and Applications
       Policy recommendations for the governments of Hong Kong and Shenzhen
                 been set up all over the world. Table 7 summarises and     (BIMSA) was jointly established by institutions including Tsinghua
                 compares two renowned biotech mega research institutes: the   University and the Chinese Academy of Sciences, with planned
                 Broad Institute of the US and the Francis Crick Institute of the   collaborations with other Beijing institutions including the Renmin
                 UK. The former was jointly founded by MIT, Harvard University   University of China and Beijing University of Aeronautics and
                 and Harvard-affiliated hospitals in 2004, with the aim of   Astronautics, as well as with enterprises like Alibaba, Tencent,
                 promoting cross-disciplinary, cross-institutional and multi-  NetEase and Microsoft Research. In biotech, instead of
                 regional research and providing solutions to biomedical    cross-institutional mega research institutes, there are more
                 challenges. The research projects involve more than six disciplines   research institutes and large laboratories co-established by the
                 and almost 100 institutes from more than 40 countries, bridging   Chinese Academy of Sciences with provincial and municipal
                 cultural and institutional divides. While in the UK, the Francis   governments. Examples include the National Institute of
                 Crick Institute provides comprehensive support to biomedical   Biological Sciences in Beijing and the Guangzhou Institutes of
                 research at home and abroad. Adopting a unique researcher   Biomedicine and Health, Chinese Academy of Sciences.
                 scheme, the Institute openly recruits international scientists,   Therefore, a biotech mega research institute in the Loop would
                 including top research pioneers and emerging researchers, to   be conducive to building a demonstration area that fully
                 broaden the talent pool.                                   integrates industrial, academic and research activities in biotech,
                                                                            paving the way for a new mode of industrial, academic and
                 In mainland China, mega research institutes are becoming an   research collaboration in China.
                 important avenue for conducting advanced research and
                 attracting top-notch talent. In mathematics, the Yanqi Lake



















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