Thanks to the policy liberalization, we have been able to carry out human stem cell, gene diagnosis and treatment businesses in Qianhai, "said Shi Yuanyuan, founder of Shenzhen Hong Kong Cell Valley (Shenzhen) Medical Technology Co., Ltd. The Notice on Carrying out Pilot Projects for Expanding Openness in the Medical Field jointly issued by the Ministry of Commerce, the National Health Commission, and the National Medical Products Administration in September 2024 clarifies that foreign-invested enterprises can engage in research and application of related technologies such as human stem cells, gene diagnosis and treatment in Guangdong and other free trade zones. In February 2025, Hong Kong Cell Valley Biopharmaceutical Co., Ltd. invested in the establishment of Shenzhen Hong Kong Cell Valley in the Qianhai Shekou Free Trade Zone in Shenzhen, becoming a foreign-invested enterprise that will enjoy the pilot dividend after the implementation of this policy. For many years, the Qianhai Shekou Free Trade Zone has focused on free and convenient trade, investment, capital flow, transportation, personnel exchanges, and secure and orderly data flow, taking the lead and boldly exploring, allowing numerous enterprises to enjoy the development dividends of openness. At the Guangdong Free Trade Zone Shenzhen Qianhai Shekou Area Results Release Event held on the 27th, the Qianhai Shekou Free Trade Area Management Committee released ten landmark institutional innovation achievements, demonstrating the effectiveness of the area in promoting "five freedoms and one order". With the support of new policies, the Shenzhen Hong Kong Cross border Data Verification Platform, developed based on the open-source blockchain underlying platform led by WeBank, will be launched for trial operation in May 2024. With the technological advantages of immutability and traceability of blockchain, it enables users to independently carry data for trusted verification, solving the problem of cross-border credit reporting. Through this platform, Hong Kong Furong Bank has collaborated with mainland licensed credit reporting agency Baihang Credit Reporting to complete cross-border verification of credit information authorized by small and micro enterprises, solving the financing difficulties of mainland small and micro enterprises operating in Hong Kong. As of the end of December 2024, Furong Bank has successfully approved loans of over HKD 50 million for more than 20 Hong Kong branches of small and micro enterprises through this platform. Yao Huiya, the head of the Digital Finance Development Department of WeBank, said, "Through the separation of transmission and verification, the platform can meet cross-border data supervision regulations while achieving secure and efficient cross-border data transmission, paving the way for cross-border data circulation to support the interconnection of people's livelihoods and financial fields in the Guangdong Hong Kong Macao Greater Bay Area." Qu Jian, Vice President of the Comprehensive Development Research Institute (Shenzhen, China) and President of the Qianhai Branch, stated that the Qianhai Shekou Free Trade Zone, which combines the functions of the Shenzhen Hong Kong Cooperation Zone, is an important platform for China's opening-up to the outside world. In the past decade, driven by institutional innovation, Qianhai has achieved high-level opening-up in multiple fields such as people, finance, materials, and data, continuously enhancing the advantages formed during the reform and opening-up process. Pilot the reform of the "multiple certificates in one" and "one license, one code" business registration system, achieve "Hong Kong capital, Hong Kong law, and Hong Kong arbitration", build the "Qianhai Hong Kong Macao e-station" to provide 372 cross-border services, achieve "one-time testing, one-time certification, and integrated travel" between Shenzhen and Hong Kong, and promote cross-border practice of 26 types of Hong Kong and Macao professionals... Qianhai Shekou Free Trade Zone has launched a total of 882 institutional innovation achievements, including 104 replicated and promoted nationwide. Promote high-level opening up through institutional innovation, and let Qianhai surge with innovative power and development vitality. Data shows that from April 2015 to December 2024, the cumulative actual use of foreign investment in Qianhai Shekou Free Trade Zone reached 38.157 billion US dollars, accounting for 47.1% of Shenzhen's total; The total value of foreign trade imports and exports increased from 71.2 billion yuan in 2015 to 537.98 billion yuan in 2024, with an average annual growth rate of over 25%; At present, there are 8048 Hong Kong funded enterprises in the district; From January to March 2025, there will be 502 new foreign-funded enterprises, including 416 Hong Kong funded enterprises. (New Society)