Can John Lee untie the 4 knots choking the tech loop in Northern Metropolis?
In the second of our series of previews on the five-year plan and policy address, to be announced on September 16, Elizabeth Cheung and Vivian Au drill down on what’s holding back the Northern Metropolis. Read part one here. For employees of surgical robotics company Yuanhua Tech, travelling between their Shenzhen base in Nanshan district and its Hong Kong office in the Science Park means a…
The Northern Metropolis faces four challenges holding back its tech industry, according to experts. Elizabeth Cheung and Vivian Au explore what's preventing growth in the region's five-year plan and policy address set to be announced on September 16. Max Meng Qinghu, chief scientist at Yuanhua Tech, a robotics company, describes a two-hour commute for employees traveling between Shenzhen and Hong Kong, and lengthy two-month funding transfers.
The Hong Kong office is slated to relocate to the Hong Kong-Shenzhen Innovation and Technology Park at the border with mainland China by year-end. This move could streamline personnel, capital, data, and material flows within the zone, addressing the bottlenecks in research, recruitment, and operations. Major streamlining in these areas could double travel time between offices, boost efficiency, and enhance Hong Kong's appeal to hi-tech companies.
Written by urgent.news from South China Morning Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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