Dozens of offices and support facilities will be built on this Qianhai site over the next few years.

Qianhai economic zone chief says it won't compete with Hong Kong

The 15-square-kilometre site of the Qianhai special economic zone looks more like a construction site than a booming financial centre. But the top official in charge of the development says it will not only play a key role in liberalising the yuan but also help Hong Kong keep its status as a world-leading financial centre - a status many fear is threatened by Shanghai's ambitious rise.