What used to be mudflat is now crowded with high-rise buildings. Since its establishment in 2010, Qianhai, known as the "special zone among special zones", has promoted the joint development of Shenzhen and Hong Kong through reform and opening up, pioneering and testing, and "drawing the most beautiful and best picture on a blank sheet of paper". Nowadays, as we move from the "Ten Years of Entrepreneurship" to the "Golden Decade", we continue to focus on institutional innovation and strive to build a comprehensive deepening reform and innovation experimental platform for the Guangdong Hong Kong Macao Greater Bay Area through effective reform measures. Over the past decade, the seeds of cooperation between Shenzhen and Hong Kong have taken root and sprouted. The Qianhai Shenzhen Hong Kong Youth Dream Factory has expanded from approximately 47000 square meters to approximately 191000 square meters; A total of 1373 entrepreneurial teams have been incubated, including 955 teams from Hong Kong, Macau, Taiwan, and internationally, and 50 of them have grown into national high-tech enterprises... The "Dream Creation" space in Qianhai, Shenzhen, and Hong Kong continues to expand, and the innovation carrying capacity continues to strengthen. In order to better support Hong Kong youth and enterprises in realizing their dreams in Qianhai, Qianhai upgraded its Dream Factory support policy again in August this year and launched the "1510" development model: providing a "1 yuan Innovation Square", which only requires a service fee of 1 yuan/square meter/month to settle in; Invest 500 million yuan to establish the DreamWorks Fund, with Hong Kong and Macao Youth Pioneering Technology Products being applied for the first time in mainland China. Provide up to 2 million yuan in support based on 30% of the actual sales revenue of the first contract; Supply 100000 square meters of industrial space. Since the release of the "1510" development model, DreamWorks has conducted three rounds of joint public selection between Shenzhen and Hong Kong. 66 Hong Kong funded enterprises have successfully passed the joint evaluation of experts from both regions and entered DreamWorks. Zhidian Technology (Shenzhen) Co., Ltd., founded by Hong Kong youth Zhou Xiaoxia, is one of the enterprises that settled in DreamWorks after the launch of this model. In her opinion, coming to Qianhai for development is a crucial step for her company to take it to the next level. After more than ten years of development, a group of target customers for our brand development have gathered around Qianhai DreamWorks, which facilitates our brand experience and other activities Zhou Xiaoxia said. Under a series of supportive policies, more and more seeds of cooperation between Shenzhen and Hong Kong are landing in DreamWorks. The College of Youth Science and Technology Innovation at the University of Hong Kong was officially launched in DreamWorks in September this year, and 24 Hong Kong teams have already settled in; The Qianhai Frontier Technology Innovation Center of Hong Kong Polytechnic University has settled in DreamWorks. We are fully committed to improving the quality and efficiency of DreamWorks, providing a platform for young entrepreneurs in Hong Kong and Macao, and promoting the takeoff of science and technology innovation enterprises Liang Ke, Deputy Secretary of the Party Working Committee of the Shenzhen Hong Kong Modern Service Industry Cooperation Zone in Qianhai, Shenzhen, stated that Qianhai has also established a new mechanism for joint construction and sharing between Shenzhen and Hong Kong. Qianhai DreamWorks has established a project mutual promotion mechanism with Hong Kong Cyberport, and 11 enterprises have already landed or planned to land in both parks. Financial reform supports the growth and expansion of technology companies in the start-up stage, most of which have the characteristics of light assets, high investment, and high uncertainty, and generally face financing difficulties. However, a small enterprise in Shenzhen with only 10 employees and still in its early stages of development successfully obtained a credit line of 960000 yuan from the bank based on the corporate portrait depicted by the local credit platform's public data. This change is due to the implementation of the policy "Supporting the Establishment of Shenzhen Local Credit Reporting Platform in Qianhai Cooperation Zone" in the "30 Financial Support Measures for Qianhai" obtained by Qianhai in February 2023. In June of this year, Shenzhen Credit Information Service Co., Ltd. leveraged the integration advantages of local credit platform public data, industrial data, and financial data, and used data mining technology to create credit profiles for technology startups. Together with banks, they launched an innovative exclusive credit product in Qianhai - "Technology Chuchuang Tong". Based on public data and talent perspective analysis, it was found that three employees of this company come from specialized, refined, and innovative enterprises, with a talent competitiveness ranking in the top 15% of the industry and one patent certificate Liu Zhen, the general manager of Shenzhen Credit Service Co., Ltd., told reporters that after product model calculation and analysis, the company has successfully passed the risk control audit of Beijing Bank Shenzhen Branch and obtained the "urgent money" needed for the company's development. After the release of the "30 Measures for Financial Support in Qianhai", Qianhai, together with the local financial bureau of the city, sorted and studied the major policies, key projects, and important reforms involved item by item, and refined and decomposed 115 specific tasks in six major categories. In the past two years since the policy was released, 103 out of 115 specific tasks in the city level implementation plan have been implemented, with an overall task implementation rate of 90%. The implementation of new policies such as Hong Kong enterprise loans, facilitation of cross-border payment and receipt of personal salaries, cancellation of RMB capital special deposit accounts for foreign direct investment, and new offshore trade cross-border fund settlement has brought tangible business development opportunities for Hong Kong people and Hong Kong enterprises developing in Qianhai. Thanks to the implementation of the Hong Kong Enterprise Loan Policy, Hong Kong Youth Eugene Port's registered Hong Kong Shun (Shenzhen) International Trade Co., Ltd. in Qianhai DreamWorks has successfully obtained a credit line of 2 million yuan from the Macau Branch of the Bank of Communications, providing financial support for the company to seize business opportunities and expand its business scale in a timely manner. Hong Kong enterprise loans have expanded the financing channels for Hong Kong funded small and micro enterprises, making it easier for us to grow in the Guangdong Hong Kong Macao Greater Bay Area Eugene Port said. Institutional innovation brings new business. From January to November this year, the import and export of Qianhai Shekou Free Trade Zone reached 489.04 billion yuan, a year-on-year increase of 56.1%; The number of customs registered enterprises in the area exceeded 11700, an increase of 5.6 times compared to the initial establishment. Behind the impressive performance report lies the vitality brought by innovative businesses. In June of this year, the Qianhai Management Bureau revised the "Measures for Promoting High Quality Development of Commercial and Logistics Industry", proposing 38 practical measures, focusing on logistics supply chain enterprises, "bonded+" new formats, intelligent warehousing, etc., and fully promoting stable growth of goods trade. Taking the innovation of "bonded maintenance" business as an example, export goods can be returned to the bonded zone for repair, with simple customs clearance procedures and no need for a deposit. This not only saves costs but also improves efficiency, providing new opportunities for enterprises to enhance international competitiveness and expand foreign trade space. In August of this year, Siemens (Shenzhen) Magnetic Resonance Co., Ltd.'s Qianhai Bonded Maintenance Center was approved for bonded maintenance accounting and landed in Qianhai. Previously, if the export products of this company required after-sales maintenance, the spare parts had to be transported to overseas repair points, resulting in extremely high operating costs such as site and labor. After the implementation of the "bonded maintenance" business, the company will move its global after-sales points to the Qianhai Comprehensive Bonded Zone, and send the products back to customers around the world one by one after repair. The change of this model has greatly saved the after-sales maintenance costs of export enterprises. Since the beginning of this year, Qianhai has added 47 new institutional innovation achievements, totaling 882; Thirteen institutional innovation achievements, including "Integrated Innovation of International Ship Registration and Classification Management", "Building a Stereoscopic Overseas Rights Protection Work Pattern", and "Facilitating Capital Project Income Payment", have been replicated and promoted nationwide, with a total of 101 achievements. Reform and innovation stimulate surging development momentum. In the first three quarters of this year, the gross domestic product of Qianhai region reached 186.4 billion yuan, an increase of 8.2%; Fixed assets investment reached 11003 billion yuan, up 16.5%. Entering the forefront of the 'Golden Decade', we are bursting with vitality and striving to build a new journey of comprehensively deepening reform and innovation experimental platform, and constructing a high-level gateway hub for external development. (New Society)