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Jun 27, 2019
Why is Dongguan the next stop for Shenzhen's development?
Thanks to its sound industrial structure and economic foundation, Dongguan has become the preferred destination for Shenzhen's science and technology innovation enterprises to strategically relocate.
In the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area," "accelerating the development of advanced manufacturing" is a crucial element. Shenzhen and Dongguan will be developed into the core of a "world-class advanced manufacturing industrial cluster with global influence and competitiveness, including electronics and information technology" on the east bank of the Pearl River. Within the Greater Bay Area's spatial framework, the powerful alliance between Hong Kong and Shenzhen is also indispensable. Behind the industrial cooperation between Dongguan and Shenzhen lies the international market of Hong Kong.
In a media interview, Chung Wai-cheung, Chairman of the Smart Business Committee of the Hong Kong Science and Technology Innovation Development Association, offered guidance for Hong Kong and Macao youth starting businesses: Mainland technology + Dongguan manufacturing + Hong Kong packaging. Shenzhen leads the nation's technological innovation industry, while Dongguan's manufacturing industry enjoys a global reputation. The combination of Shenzhen innovation and Dongguan intelligent manufacturing has become a global hallmark of "China Speed," and Shenzhen and Dongguan have entered a virtuous cycle in their industrial development.
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