The Chinese government says it wants to build the southern metropolis of Shenzhen into what it calls "a global model city with distinguished competitiveness, innovation capability and influence." And an innovation hub for youth in the heart of the city is demonstrating that potential, and in the process attracting more talent from neighboring Hong Kong and elsewhere. CGTN reporter Zhou Jiaxin shows us more.

SKATER "This is crazy, dude, No remote or anything."

Once it senses a weight shift, it speeds up.

SKATER "Alright, this is a little faster, still comfortable though."

"It's cool. I like it, it's really innovative."

Henri's riding Walnut's e-skateboard Spectra, one of the fashion tech brands the startup is promoting. Last year, the team founded the "dream works" for designing such magical speed.

HENRI PENG, CEO & FOUNDER WALNUT TECHNOLOGY "The Qianhai Area is the core part of Southern China's Greater Bay Area. For overseas-oriented businesses like us, we are in a resourceful industrial chain and have talent. Besides, startup companies enjoy great favorable policies here regarding the rent, accommodation and taxes."

The Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub, or Qianhai "dream work," was launched five years ago. It's now open to 388 privileged startups, half of them are led by young entrepreneurs from Hong Kong, Macao and Taiwan, as well as foreign countries.

Jason Li is working with an AI camera startup, and explains the advantages entrepreneurs have in Qianhai.

JASON LI, PR MANAGER REMO TECH "Entrepreneurs should take advantage of the technology, capital, talent and supply chain here, which is more resourceful than in other places. Since we still have a few Chinese brands overseas with more on the way, they should take the lead in this trend."

Apart from creating opportunities for young entrepreneurs, the Qianhai authority introduced an internship program to Hong Kong students this year, supporting their business activities in the area.

WANG JINXIA, DEPUTY DIRECTOR QIANHAI AUTHORITY OF SHENZHEN "We help place capital for the talent and turn their intelligence into fortune. We collaborate with Hong Kong and encourage young people from Hong Kong to innovate in Qianhai. They enjoy free rent for the business site, programs subsidies and financial services in this eco-chain, all rarities."

Through these opportunities, more inspiring business stories are in the making, evidence shows the goodwill of shared prosperity for the two sides. Zhou Jiaxin, CGTN, Shenzhen, Guangdong Province.