Chine Watch Blog has learnt that Hong Kong and Shenzhen have signed co-operation agreements on legal matters, the Lok Ma Chau Loop development, food safety and weather prediction technology.
The agreements were signed by Chief Secretary Stephen Lam and Shenzhen Mayor Xu Qin before the 2011 Hong Kong-Shenzhen Co-operation Meeting held in Hong Kong today.
Both Governments will formulate proposals to take advantage of Qianhai’s geographical location and to attract Hong Kong enterprises and professional service providers to invest and set up business in the area.
Mr Lam said both sides will pursue further co-operation as stipulated in the National 12th Five-Year Plan, and implement policies related to Hong Kong-Shenzhen co-operation announced by Vice Premier Li Keqiang during his Hong Kong visit in August.
Both sides have agreed to study the feasibility of introducing cards that can be used for public transportation and retail purchases in the two places, and to roll out a “two-in-one card” as soon as possible.