New plan outlines future development of Qianhai

A panoramic view of Qianhai. File photo

The Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone was officially released by the National Development and Reform Commission yesterday, outlining Qianhai’s future key development directions and goals.

The plan sets development goals for Qianhai in three stages. By 2025, Qianhai aims to achieve comprehensive connections and convergence with the rules and mechanisms of Hong Kong and Macao, create a globally competitive business environment, establish several 100-billion-yuan value industrial clusters, build an innovation system with multiple driving forces, and create a modern coastal new urban area.

By 2030, the convenience of Hong Kong and Macao residents studying, working and living in Qianhai will be significantly improved, and the business environment of Qianhai will be globally top-tier.

By 2035, Qianhai will serve as a new international trade center, a high-end shipping service center, and a livable coastal residence center, with a wealth of development experience available for duplication and reference by other areas andcities.

According to the plan, Qianhai will feature a spatial structure comprising a new urban center, a green and vibrant coastal belt, two hub ports for international aviation and shipping, and five zones for industrial development related to scientific and technological innovation, international finance, conventions and maritime economy, commercial trade and logistics, and advanced manufacturing.

In the future, Qianhai will focus on developing several aspects, such as building an efficient new system for the area’s modern service industry in collaboration with Hong Kong and Macao. To this end, Qianhai will further open and innovate its financial industry, elevate its professional service industry to a more international level, actively develop new types of international trade, and nurture and strengthen its modern maritime industry.

To create a market-oriented, legalized international business environment, Qianhai will continue to construct the Qianhai Shenzhen-Hong Kong International Legal Services District, build a high-end innovation talent base, and improve its cooperation and exchange with the outside world.

Qianhai also plans to establish a quality international living environment by developing international specialized education, providing quality healthcare services, promoting the vigorous development of culture, sports, and tourism industries, and constructing livable residential conditions and atmosphere for residents from Hong Kong and Macao.