China to Boost Shenzhen’s Role in Greater Bay Area Innovation
Shenzhen, China
Photographer: Giulia Marchi/BloombergThis article is for subscribers only.
China plans to let Shenzhen City, which borders Hong Kong, play “a key role” in science and technology innovation in the Guangdong-Hong Kong-Macau Greater Bay Area, according to state media.
Shenzhen will be granted favorable policies including privileges in yuan internationalization, China Central Television reported on Sunday, citing guidelines issued by the Chinese Communist Party central committee and the State Council.