A growing number of international enterprises have launched operations at the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, positioning it as a global technology hub just one month after its official launch.
The park was set up on December 22, 2025 and established under the vision of “one river, two banks” and “one zone, two parks”. It consists of the 87-hectare Hong Kong Park and the 300-hectare Shenzhen Park. The Hetao Hong Kong Park is located in the Northern Metropolis, an area adjacent to the border with south China’s tech hub Shenzhen.
Founded in Canada and listed on the Nasdaq Capital Market, Pinnacle Food Group is expanding to Hong Kong, specifically to the Hong Kong Park within the Hetao Cooperation Zone.
Among the 60 enterprises already registered here, the company’s Asia-Pacific President Andrew Zhu sees a unique opportunity.
“The country prioritizes biosecurity, food security, and the Healthy China Initiative, with biotechnology being key to these goals. We established our biotech lab in Hong Kong to bridge global cutting-edge resources with national development needs,” Zhu said.
With one park in Hong Kong and another in Shenzhen, the Hetao Cooperation Zone serves as a pivotal hub for international sci-tech innovation and a growth engine of the Greater Bay Area.
As Zhu points out, this dual role, connecting globally while serving the nation, is what makes Hong Kong uniquely irreplaceable.
“On one hand, Hong Kong offers a highly international research environment and standards, enabling collaboration in global cutting-edge technologies. On the other hand, its close ties with the Chinese mainland allow for the rapid translation and scaling of research outcomes,” Zhu said.
While an innovation hub is fundamentally defined by its laboratories and offices, this park adopts a holistic approach to talent retention by intentionally integrating essential aspects of daily life. To this end, it offers ready-to-move-in residential units tailored for researchers and entrepreneurs. More than mere accommodation, these spaces form a vital public environment equipped with all daily necessities, fostering a genuine community where ideas can develop and flourish in a supportive setting.
“On the basis of ‘One Country, Two Systems,’ and ‘one zone, two parks’, Hong Kong and Shenzhen have been striving for trial implementation of cross-boundary policy measures to facilitate the convenient flow of important innovation elements—including personnel, materials, data, and capital—between the two parks,” said Sun Dong, Secretary for Innovation, Technology and Industry of Hong Kong Special Administrative Region.
China’s Greater Bay Area attracts int’l enterprises, forging new tech hub
Visiting Chinese Foreign Minister Wang Yi said Saturday China is willing to work with Lesotho to strengthen exchanges on governance experience, enhance coordination in multilateral affairs, and advance the China-Lesotho strategic partnership.
Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with Lesotho Prime Minister Sam Matekane in the capital of Lesotho.
During the meeting, Wang congratulated Lesotho on the 60th anniversary of its independence this year, and spoke highly of Lesotho government’s efforts to prioritize economic development and steer the African country onto a path of sustainable growth. Since the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) in 2024, the two sides have advanced cooperation under the 10 partnership action plans unveiled at the summit, successfully implementing a number of key projects to effectively promote Lesotho’s development and revitalization, Wang said.
China stands ready to work with Lesotho to strengthen exchanges on governance experience, enhance coordination in multilateral affairs, and push for greater development of the China-Lesotho strategic partnership, he added.
Calling on the two sides to firmly support each other, Wang said that China will accelerate the implementation of its zero-tariff policy for African countries, including Lesotho, expand bilateral trade, investment and industrial cooperation, facilitate broader access of Lesotho’s specialty products to the Chinese market, and continue to support Lesotho’s national development.
China will continue to stand firmly with African countries, uphold justice for the Global South, including Lesotho, oppose unilateralism and acts of bullying, and work together to build a community with a shared future for humanity, Wang said.
On his part, Matekane said during the meeting that Lesotho cherishes its friendship with China and the strategic partnership between the two countries, and expressed gratitude for China’s valuable support for the development of African countries, including Lesotho.
Lesotho firmly adheres to the one-China principle and resolutely supports China in safeguarding its core interests, he said, noting that his country stands ready to strengthen strategic mutual trust with China, expand people-to-people exchanges, jointly implement the outcomes of the FOCAC Beijing Summit, and deepen cooperation in areas such as infrastructure, manufacturing and energy.
Matekane stressed that China’s zero-tariff policy for African products will inject new impetus into Lesotho’s development. He also expressed Lesotho’s willingness to strengthen solidarity and cooperation with China on multilateral platforms such as BRICS to jointly address global challenges.
On the same day, Wang also held talks with Lejone Mpotjoana, minister of foreign affairs and international relations of Lesotho.
China, Lesotho to strengthen exchanges, advance cooperation
