{"id":96500,"date":"2024-07-01T01:12:00","date_gmt":"2024-07-01T04:12:00","guid":{"rendered":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/the-shenzhen-zhongshan-link-opened-qianhai-embraces-a-new-engine-for-expanding-opening-up\/"},"modified":"2024-07-01T01:12:00","modified_gmt":"2024-07-01T04:12:00","slug":"the-shenzhen-zhongshan-link-opened-qianhai-embraces-a-new-engine-for-expanding-opening-up","status":"publish","type":"post","link":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/the-shenzhen-zhongshan-link-opened-qianhai-embraces-a-new-engine-for-expanding-opening-up\/","title":{"rendered":"The Shenzhen-Zhongshan Link Opened, Qianhai Embraces A New Engine for Expanding Opening-up"},"content":{"rendered":"<p><b>Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone<\/b><\/p>\n<p align=\"start\">SHENZHEN, China, July  01, 2024  (GLOBE NEWSWIRE) &#8212; On June 30, The Shenzhen-Zhongshan Link, a massive cross-sea passage in south China that features two bridges, two artificial islands and an underwater tunnel, opened to traffic at 3 p.m., Beijing Time.<\/p>\n<p align=\"start\">The Shenzhen terminal of the link is located in Qianhai.\u00a0The Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone\u00a0states that spanning 24 kilometers, the link drastically reduces the time it takes to travel between the city of Zhongshan and the technology hub of Shenzhen &#8212; situated on opposite sides of the Pearl River Estuary in Guangdong Province &#8212; from two hours to approximately 30 minutes. It\u00a0will reshape the road network layout of the Pearl River Estuary, significantly impacting the economic and social development of the Guangdong-Hong Kong-Macao\u00a0Greater Bay Area\u00a0(GBA) and\u00a0further strengthen Qianhai&#8217;s position\u00a0as a &#8220;transportation hub of the GBA&#8221;.<\/p>\n<p align=\"start\">The link is considered one of the world&#8217;s most challenging cross-sea cluster projects to have been built. Qianhai is the starting point of the Shenzhen side of the link and also a\u00a0key hub in Shenzhen\u00a0that interacts with Hong Kong&#8217;s modern service industry. Convenient transportation will greatly improve the accessibility of the modern service industry and facilitate the expansion\u00a0of high-end services. With the opening of the link,\u00a0the modern service industry\u00a0in Hong Kong\u00a0will be able to more conveniently enter\u00a0the broader mainland market from Qianhai.<\/p>\n<p align=\"start\">It is\u00a0expected that the financial services of Qianhai, including cross-border finance, offshore finance, and free trade (FT)\u00a0accounts, will spread more quickly to the GBA. The cross-border investment and financing needs of cities such as Zhongshan and\u00a0Jiangmen\u00a0will be rapidly matched with Qianhai, Shenzhen on the opposite shore. In terms of logistics, Qianhai boasts\u00a0several\u00a0ports and\u00a0an\u00a0airport. As a free trade\u00a0zone, it can provide high-quality\u00a0transportation services for\u00a0GBA cities, thus facilitating\u00a0the rapid development of cross-border trade in the region. Furthermore, the exhibition industry will also benefit from Qianhai&#8217;s development. According to the <em>Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone<\/em>, various exhibitions will be jointly held in Shenzhen and Hong Kong, with the Shenzhen World Exhibition &amp; Convention Center\u00a0playing a key role in the initiative. Besides, Qianhai&#8217;s numerous institutional innovations in the legal field are expected to have a spillover effect. Guangdong-Hong Kong-Macao joint law firms based in Qianhai, and Hong Kong and Macao lawyers certified to practice in Qianhai can conveniently extend their services to other cities in the GBA, thereby empowering its\u00a0legal services\u00a0to align with international standards.<\/p>\n<p align=\"start\">According to Zheng Yongnian, a professor at the Chinese University of Hong Kong, Shenzhen and former Dean of the Institute for International Affairs, Qianhai undertakes\u00a0a special mission in the national strategy, including seeking institutional innovations, pioneering reform and opening-up, and facilitating\u00a0the integration and cooperation of Shenzhen and Hong Kong.<\/p>\n<p align=\"start\">This year marks the 5th anniversary of the release of the <em>Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area<\/em>. Over the past five years, the GBA\u00a0has been continuously enhancing its\u00a0physical and\u00a0institutional connectivity, accelerating the\u00a0development of the sci-tech\u00a0innovation industry, and gathering young talents for entrepreneurial undertakings. China aims to develop the area into a world-class city cluster, a global technology and innovation center, and a livable, business-friendly location. Now, empowered by\u00a0an\u00a0upgraded transportation network, Qianhai will\u00a0facilitate the integration of the GBA\u00a0and help build it into a world-class platform from\u00a0various aspects such as\u00a0economy, finance, logistics, and legal services.<\/p>\n<p align=\"start\">As\u00a0the link further enhances personnel exchanges and resource flow among the GBA cities, Qianhai, serving\u00a0as both a transportation hub and a focal point for high-quality development, is poised to seize historical opportunities, attract more global resources, and\u00a0take targeted\u00a0actions. With the opening and operation of this large-scale transportation project, Qianhai will have\u00a0a new engine for further expanding opening-up.<\/p>\n<p align=\"start\">Source: Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone<\/p>\n<p> <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTE3MTUyOCM2MzQ5MDQ2IzUwMDEyNjA2OA==\" \/> <br \/><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MTU1Mjk2YmUtNDhjMi00OTk1LWE2OWYtODg4NGJhOWQ0ZDdjLTUwMDEyNjA2OA==\/tiny\/Authority-of-Qianhai-Shenzhen-.png\" \/><\/p>\n<pre>Contact person: Ms. Meng, Tel: 86-10-63074558<\/pre>\n<p>A <b>OESP<\/b> nao e(sao) responsavel(is) por erros, incorrecoes, atrasos ou quaisquer decisoes tomadas por seus clientes com base nos Conteudos ora disponibilizados, bem como tais Conteudos nao representam a opiniao da <b>OESP<\/b> e sao de inteira responsabilidade da <b>GlobeNewswire<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"SHENZHEN, China, July  01, 2024  (GLOBE NEWSWIRE) &#8212; On June 30, The Shenzhen-Zhongshan Link, a massive cross-sea passage in south China that features two b","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-96500","post","type-post","status-publish","format-standard","hentry","category-releases-geral"],"acf":[],"_links":{"self":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/96500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/comments?post=96500"}],"version-history":[{"count":0,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/96500\/revisions"}],"wp:attachment":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/media?parent=96500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/categories?post=96500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/tags?post=96500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}