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and lack of focus on industrial, academic and research      development of the HK-SZ biotechnology cluster. When it comes
            collaboration; poor systemic and regime linkage between Hong   to the overall development direction, the “two parks” should be
            Kong and the Mainland; unsmooth passage of bio-materials and   treated as “one zone” rather than two individual areas: where the
            medical devices across the border; as well as underdevelopment   two cities differ in systems and standards, the more flexible
            of a biotech industrial cluster marked by an absence of world-  system and the more internationalised standards should be
            renowned biotech enterprises. With the inclusion of the Hetao   adhered to; where they differ in incentive policies and measures,
            Shenzhen-Hong Kong Science and Technology Innovation        greater incentives and more supportive measures should be
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            Cooperation Zone (the Loop) into a national strategic platform,    adopted. This way, the Loop can pursue collaborative
            it is more important than ever to coordinate and plan the   development as a whole and serve as a pivot that drives the
            collaborative development of “one zone, two parks” of the   long-term development of the two cities.
            “one river, two banks” at the Loop, resolve existing issues that
            hamper HK-SZ collaboration, and support the development of an   We believe the development of biotech in the Loop has significant
            international I&T hub in the GBA. The report thus approaches   implications, not just in optimising the entire biotech supply chain
            collaboration in biotech as an entry point and centres the study on   including drug discovery, preclinical research, clinical trials, and
            the development of the Loop.                                production and product launch, but also in helping achieve
                                                                        breakthroughs in common key and core technologies. Three
            Situated right at the Hong Kong-Shenzhen border, the Loop   developmental goals are identified for the Loop: 1) as a pilot and
            encompasses the Hong Kong park (i.e., Hong Kong-Shenzhen    demonstration area for collaboration between Hong Kong and
            Innovation and Technology Park in the Lok Ma Chau Loop) south   Shenzhen in biotech, with a view to explore the most effective
            of the Shenzhen River and the Shenzhen park (i.e., the Hong   mode of cross-border collaboration and the most advanced
            Kong-Shenzhen Innovation and Technology Park, covering the   biotech policies; 2) as a pilot area for international biotech
            Futian Free Trade Zone and the Huanggang Checkpoint area)   regulatory standards setting, with the objective of introducing the
            north of the River. In addition to bridging HK-SZ collaboration in   most advanced and robust regulatory regime to the Mainland;
            I&T, the Loop should serve as the pivot that drives the     3) as a biotech transformation cluster in the GBA that expedites
                                                                        the transfer of advanced scientific findings into production.







            1   In his speech on 14 October 2020 to mark the 40th anniversary of the establishment of the Shenzhen Special Economic Zone (SEZ), President Xi Jinping stressed the importance of
              “well-planning for and developing the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone.” The 14th Five-Year Plan adopted in March this year also
              designated the Loop as one of the four major collaborative platforms in the GBA.
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