<P> Qianhai Shenzhen - Hong Kong Modern Service Industry Cooperation Zone (simplified Chinese: 前 海 深 港 现代 服务 业 合作 区; traditional Chinese: 前 海 深 港 現代 服務 業 合作 區; pinyin: Qiánhǎi Shēngăng Xiàndài Fúwùyè Hézuòqū) is a commercial development in Shenzhen, China also known as Qianhai New District . Located in Nanshan and encircled by Shuangjie River, Yueliangwan Boulevard, Mawan Boulevard and Qianhai Bay, Qianhai covers an area of approximately 15 square kilometres (5.8 sq mi), comprising almost entirely reclaimed land . The project is expected to be completed by 2020 . </P> <P> According to plans made by the Qianhai administration, as the pilot district for cooperation between mainland China and Hong Kong and innovation in the service industry, Qianhai undertakes four functions: </P> <Ol> <Li> An area that will aim to facilitate innovation in the modern service industry </Li> <Li> An area that will aim to become a hub of modern services and modern service development </Li> <Li> A pilot area for closer cooperation between mainland China and Hong Kong </Li> <Li> A facilitator in the industrial reform and sustainable economic development of the Pearl River Delta </Li> </Ol> <Li> An area that will aim to facilitate innovation in the modern service industry </Li>

Qianhai shenzhen-hong kong modern service industry cooperation zone