Amid China's push for regional integration, young entrepreneurs from Hong Kong are reshaping the economic landscape of the Pearl River Delta. Tony Fung Yiu-tung, a 28-year-old tech founder, exemplifies this trend through his cross-border venture established via the 'StarAgent' incubation program. 'The synergy between Hong Kong's international networks and the Chinese mainland's manufacturing prowess creates unmatched opportunities,' Fung told KhabarAsia.
Over 165,000 Hong Kong and Macao residents now work in Guangdong province, with more than 6,500 startups benefiting from streamlined business registration and tax incentives. Fung's Nansha-based AI logistics company has tripled its workforce since 2022, mirroring the Greater Bay Area's 7.4% GDP growth in the first quarter of 2024.
Dr. Li Wei of Hong Kong Polytechnic University notes: 'This urban cluster development strategy isn't just about infrastructure – it's creating a new generation of bilingual, cross-border professionals reshaping Asia's economic geography.'
As high-speed rail connections reduce travel between Hong Kong and Guangzhou to 48 minutes, cultural integration accelerates. Fung's team now collaborates with Shenzhen programmers and Zhuhai manufacturers daily, embodying what analysts call 'the world's most dynamic innovation corridor.'
