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Hong Kong ranks 14th in the Global Innovation Index, and the "Shenzhen-Hong Kong-Guangzhou" science and technology cluster ranks second. The simultaneous development of innovation and intellectual property rights will help promote knowledge-based economic industries. Hong Kong plays an important role in intellectual property financing in the Guangdong-Hong Kong-Macao Greater Bay Area, which is conducive to the development of the Guangdong-Hong Kong-Macao Greater Bay Area and also promotes Hong Kong's establishment of a regional intellectual property trading center.

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