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Jefferson Wat: Hong Kong teenagers rather start their business in Shen Zhen than in Silicon Valley

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Jefferson Wat: Hong Kong teenagers rather start their business in Shen Zhen than in Silicon Valley


[Ken Lam, published on 11 sep 2019] Although the focus on where Hong Kong, Macau and Guang Dong being gathered and called Greater Bay Area is drawing a lot of attention and murmur, the President of SME Global Alliance, Jefferson Wat still said “9 out of 10 Hong Kong teens prefer starting their business in Shen Zhen rather than in Silicon Valley.”


“Hong Kong and Shen Zhen share common culture and language, the tight communication leading rooms of cooperation.” Said Jefferson Wat. He persisted the unification of Greater Bay Area is irrelevant with the international status of Hong Kong, but force Hong Kong have had to leave its comfort zone and strengthen the local innovation industry to remain the global competitiveness.


The looming potential threat of the Internet censorship and crackdown of China is one of the concerns of the investors and fresh business starters. Jefferson Wat said, “Even the information is blocked in China, the ordinary folks can still able floating to everywhere and spread the message. The communication is vital, but the citizens can communicate anyway.”

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