Hong Kong Bets Big on Tech with New Shenzhen Megapark

Hong Kong has opened a major new technology park. It is a direct link with the neighboring Chinese city of Shenzhen. Leaders call it a pivotal step to reinvent the city's economy. The Hong Kong-Shenzhen Innovation and Technology Park is in the "Hetao" cooperation zone. Chief Executive John Lee Ka-chiu says it is key for local innovation. The goal is to shift Hong Kong toward a high-tech future. The park is designed as a world-class collaboration platform. It will connect industry, universities, and research teams. The focus will be on advanced technology sectors. This project is a core part of Hong Kong's strategy. The city aims to grow as an international innovation hub. It seeks to build a new economic identity beyond finance and trade.