China plans to make Shenzhen a 'better place' than Hong Kong

China plans to make Shenzhen a 'better place' than Hong Kong

Shenzhen has grown from a sleepy fishing village into an economic powerhouse
Shenzhen has grown from a sleepy fishing village into an economic powerhouse (Photo: AFP/Pak YIU)

BEIJING: China's government has unveiled plans to boost the mainland city of Shenzhen and make it into what state media called a "better place" than neighbouring Hong Kong, following another huge rally in the semi-autonomous financial hub.

Weeks of rallies, demonstrations, and occupations have plunged Hong Kong into crisis - which Beijing is now framing as an opportunity for Shenzhen's development.

On Monday (Aug 19), state-run media outlined a set of guidelines released by the central Chinese government that aims to turn Shenzhen into a pilot area of "socialism with Chinese characteristics".

Without giving much in the way of specific details, the policy document included goals such as transforming Shenzhen's "economic strength and development quality" into one of the best in the world by 2025.

READ: Our coverage of the Hong Kong protests


China's State Council also outlined an intention to build greater integration with Hong Kong and Macau.

By 2035, the southern Chinese city will "lead the world" in overall economic competitiveness, the document said.

In the 1990s, market-oriented reforms and government support transformed Shenzhen from an ordinary Chinese village to a major hub for China's manufacturing and technology sectors.

The city now houses the global headquarters for Tencent, China's social media giant, and Huawei, the networking equipment maker that US President Donald Trump effectively barred US companies from supplying.

FILE PHOTO: A Huawei company logo is seen at the company headquarters in Shenzhen
FILE PHOTO: A Huawei company logo is seen at the company headquarters in Shenzhen, Guangdong province, China Jun 17, 2019. (Photo: REUTERS/Aly Song/File Photo)

Hong Kong, on the other hand, is at risk of falling behind, hinted the nationalist state-run Global Times, citing experts.

"If Hong Kong is still not ready to embrace opportunities to join the country's development ... the city's development would be 'very limited in the future while Shenzhen is running at a much faster speed'," said Tian Feilong, a professor at Beihang University, speaking to the Global Times.

Hong Kong, one of the world's busiest ports, is on the verge of its first recession in a decade as violent protests scare off tourists and bite into retail sales and investment.

READ: Hong Kong on brink of recession as trade war, political protests escalate

READ: Hong Kong protests – Businesses dependent on tourism reel from massive income loss

Published on Sunday, the timing of the policy document coincided with the 11th week of demonstrations in Hong Kong - the biggest challenge to China's rule of the semi-autonomous city since its 1997 handover from Britain.

Initially triggered by opposition to a planned extradition law, the protests have evolved into a wider movement for democratic reforms.

Protesters march in Hong Kong china Aug 18 2019
Protesters march to demand democracy and political reforms, in Hong Kong, China, Aug 18, 2019 (Photo: Reuters/Tyrone Siu)

The former British colony of Hong Kong operates under a "one country, two systems" framework, which gives citizens rights unseen on the mainland, such as freedom of speech.

Across the border, Shenzhen sits behind the country's "Great Firewall", which restricts access to news and information, but has risen to become a symbol of the transformative reforms China launched 40 years ago.

The policy document said that individuals who are from Hong Kong and Macau but work and live in Shenzhen would be treated as residents.

The guidelines also support creating a "more open and convenient" entry and exit system at its borders, and allowing foreign permanent residents to launch science and technology enterprises - potentially trying to encroach on Hong Kong's territory as an easy place for international businesses to be based.

After it was given Special Economic Zone status, Shenzhen transformed from a sleepy fishing village to a technological juggernaut.

The city is already a key part of Beijing's "Greater Bay Area" policy, which plans greater integration between Hong Kong, Macau and mainland Guangdong province, where Shenzhen sits.

According to Sunday's policy document, Beijing is keen to pull the three regions even closer - "enriching" the practice of one country, two systems and "continuously enhancing the sense of identity and cohesiveness of Hong Kong and Macao compatriots" via cross-border cultural activities.

The Global Times said the guideline demands Shenzhen "comprehensively improve its democracy and rule of law and expand people's participation in politics in an orderly manner under leadership of the Communist Party of China".

Source: Agencies/nr