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the deepening biomedical collaboration between Hong Kong and Shenzhen, highlighting the pivotal role of the Hetao Cooperation Zone. It showcases how companies leverage Hong Kong's international resources and Shenzhen's manufacturing strength for joint R&D and global market expansion, with policy support facilitating cross-border flows of data, talent, and capital.

Hong Kong's pivotal role in advancing biomedical innovation within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Leveraging its strengths in international finance, regulatory frameworks like the "1+ mechanism," and world-class research, Hong Kong collaborates with mainland cities to drive industry upgrades, support startups, and attract global investments, positioning the GBA as a leading biotech hub.

On September 17, the Hengqin Guangdong-Macao Deep Cooperation Zone marked its fourth anniversary. In H1 2025, its GDP reached 26.313 billion yuan (+5.0% YoY), with the "Four New" industries contributing nearly 70% of the total. Macao-funded enterprises surged to 7,303 (up 57.49% since establishment), driving capital flow and deeper industrial integration.

On September 17, John Lee, the Chief Executive of the Hong Kong Special Administrative Region, delivered the 2025 Policy Address. Titled "Deepening Reform, Prioritizing People's Livelihood, Leveraging Strengths, and Creating a Shared Future," the report covers 10 chapters with 286 measures, focusing on industrial development and innovation, integration into national development strategies, and consolidating Hong Kong's status as an international hub.

Guangdong’s medical regulator said on 18 July that the “Hong Kong & Macau Drug and Device Access Scheme” now covers 45 hospitals across all nine mainland GBA cities, having imported 116 products—52 drugs and 64 devices—benefiting over 10,000 patients.

The central bank has set up a special re-lending facility for service consumption and elderly care with a quota of 500 billion yuan, an interest rate of 1.5%, and a term of one year, which can be extended twice for up to three years. It supports the fields of service consumption and elderly care and

Guangdong Province has released the Implementation Plan for the Special Action to Boost Consumption. It implements actions such as employment and income increase, support and protection, and quality improvement of service consumption to promote consumption upgrading and drive high-quality economic d

The Central Government has drawn up a work plan for the systematic implementation of a strategy to upgrade Mainland China’s free trade zones (FTZs) over the next five years. The objectives are to enhance the competitiveness of the country’s foreign trade, to liberalise and facilitate investment, and

The Chinese government has issued a notice through six relevant departments to streamline the departure tax refund policy and boost inbound consumption. This includes making domestic purchases over 200 CNY eligible for tax refunds upon departure.