Abstract

The year 2022 is the completion year of the recent objectives of the Outline of the Development Plan of Guangdong, Hong Kong, and Macao Greater Bay Area. The next development of the Guangdong-Hong Kong-Macao Greater Bay Area concerns the future of Hong Kong and Shenzhen, the entire Greater Bay Area, and even the entire China. The construction of "an international science and technology innovation center with global influence" is the focus of the construction process of the Guangdong-Hong Kong-Macao Greater Bay Area, which is the most advantageous and challenging direction. In 2022, China and the world are highly expecting what kind of answer the Guangdong-Hong Kong-Macao Greater Bay Area will deliver in terms of cooperation and innovation. Basic research is the source of the high-tech generation. Bottlenecks in manufacturing development are ultimately traced to shortcomings in basic research in mathematics, physics, materials, chemistry, etc. Improving the ability to innovate at source is the foundation of the Greater Bay Area's establishment as an international science and technology innovation center. Funding and talent are the two key grips for developing innovation. Talents are the main body of innovation, and talents need science and innovation platforms that can realize their value, while R&D funding investment is a prerequisite for creating such a research and innovation platform. Thinking about the current situation and needs of R&D funding in Shenzhen, Hong Kong, and the entire Greater Bay Area can help realize the transformation of scientific and technological achievements. We propose to set up a "Greater Bay Area Basic Research Funding Committee" and a "Greater Bay Area Basic Research Fund" in Shenzhen and encourage enterprises to donate to the Greater Bay Area Basic Research Fund through the government's tax incentives, so as to leverage RMB 60 billion of social resources in the Greater Bay Area The fund will be used to attract international talents to settle in the Greater Bay Area.