Page 14 - OHKF_Biotech_EN

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• As one of the most globally competitive industries and with the internationally recognised, Shenzhen boasts an assembly of
Introduction greatest development potential among various I&T sectors, mature enterprises and a complete supply chain. Secondly, the

biotechnology (biotech) has been identified as one of the nine new
development of biotech is a shared priority for both governments.
industries of strategic importance under the “Outline of the Having identified biotech as one of its four areas with a competitive
Fourteenth Five-Year Plan for the National Economic and Social edge, the Hong Kong SAR Government has over the years made
Development and the Long-Range Objectives Through the Year significant investments into the sector, including allocating HKD 5
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2035” (the 14th Five-Year Plan) and one of the four pillar industries billions to the Health@InnoHK research cluster focused on
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driving the development of the GBA forward. Biotech also healthcare technology. Meanwhile, with national and provincial
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provides excellent opportunities for fostering Hong Kong- policy backing, the Shenzhen Municipal Government has, in
Shenzhen (HK-SZ) collaboration. While biotech generally designating biomedicine as one of its seven new industries with
encompasses areas including fisheries, animal husbandry, strategic importance, strived to establish a “one-core, multicentre”
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forestry, the environment and even minerals, the present study cluster that has the Pingshan National Biological Industry Base at
centres on biomedicine owing to its unmatched influence and its heart. HK-SZ collaborative development in biotech can help
potential for collaboration within biotech. Firstly, both Hong Kong foster new engines of future economic growth, thereby further
and Shenzhen demonstrate an edge in biotech. While Hong enhancing the technological and industrial competitiveness of the
Kong’s tertiary institutions produce advanced research that is GBA.

2 The new industries of strategic importance under the 14th Five-Year Plan are next-generation information technology, biotechnology, new energy, new materials, advanced equipment, new
energy vehicles, environmental protection, aerospace and marine equipment.
3 The four pillar industries under the Outline Development Plan for the GBA are next-generation information technology, biotechnology, advanced equipment manufacturing and new materials.
4 On the national level, support for Shenzhen in initiating international collaborations on biotechnology, establishing a biotech industrial cluster and developing innovations in cross-border flow
of biotech resources are documented in “Guidelines of the CPC Central Committee and the State Council on Supporting Shenzhen in Building a Pilot Demonstration Area of Socialism with
Chinese Characteristics, “Implementation Plan of Pilot Reforms to Build a Pilot Demonstration Area of Socialism with Chinese Characteristics in Shenzhen (2020-2025)”, “Work Plan for
Supervision, Innovation and Development of Drugs and Medical Devices in Guangdong-Hong Kong-Macao Greater Bay Area” and “Action Plans for Technological Innovations in the Pilot
Demonstration Area of Socialism with Chinese Characteristics”. On the provincial level, the Guangdong Government’s “Guidelines on the Cultivation and Development of Strategic Pillar
Industrial Clusters and Strategic Emergent Industrial Clusters” rendered support for Shenzhen in building up biotech and healthcare industrial clusters, fostering industries with a competitive
edge in biologics, advanced medical devices, biomedical materials, in vitro diagnostics etc., and achieving breakthroughs in key and core technologies in areas like precision medicine and
stem cells, new drug discovery, biosafety and biomanufacturing.
5 The industries include next-generation information technology digital economy, advanced equipment manufacturing, biomedicine, new materials, green low-carbon industries and
marine economy.
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