Hong Kong and Guangdong yesterday signed eight pacts to strengthen co-operation, including a letter of intent on the development of service sectors and high-end industries in Qianhai , Shenzhen, and collaboration in other areas. The agreements covered proposals to increase exchanges in financial development, disease prevention and control, education, environmental protection and intellectual property protection. The deals were struck at the 12th plenary session of the Hong Kong-Guangdong Co-operation Joint Conference. About 50 Guangdong officials, led by governor Huang Huahua , travelled to Hong Kong for the two-hour meeting, with their counterparts led by Chief Executive Donald Tsang Yam-kuen. Under a document, signed by Chief Secretary Henry Tang Ying-yen and acting Shenzhen mayor Wang Rong , the two cities will jointly study ways to promote service industries in Qianhai, a 10 square kilometre zone in Shekou . The two sides will also encourage Hong Kong enterprises to run businesses there. After the meeting, Mr Tsang said: 'We believe there is ample opportunity to develop Qianhai into a modern industrial area that will complement what is happening in Hong Kong - complement what we are trying to achieve in Hong Kong as an international financial and trading centre.' He said the planning of the area was still at a very early stage and he did not think the development of financial services would pose a threat to Hong Kong. 'Even the reclamation works of Qianhai haven't been completed yet ... These are only some preliminary ideas and we will conduct in-depth studies later.' Both sides agreed to rename the Hong Kong-Shenzhen Airport Rail Link the Hong Kong-Shenzhen Western Express Link, to accurately reflect the area it would serve. A team of experts will be set up under an existing task force to advise the governments on construction of the railway and other transport connections in the western areas of the two cities. A new group of experts will be set up under the joint conference to strength Hong Kong-Guangdong co-operation in the financial sector. Members will include government officials, market regulators and financial professionals. To boost co-operation in the education sector, the governments will explore the feasibility of private schools in Shenzhen offering a Hong Kong curriculum for local children living on the mainland. On health care services, the two administrations will encourage cross-border research and production of drugs and vaccines, and strengthen exchanges between medical personnel from both sides. Health authorities from the two sides will hold a conference next month to review the accreditation system of Hong Kong medical practitioners who want to provide services in Guangdong. Mr Huang said he believed the co-operation measures would aid the economic recovery in both places. By promoting collaboration among Hong Kong, Macau and Guangdong, he said the region would hopefully become the most competitive place in the Asia-Pacific area. The governor said he had visited Hong Kong Exchanges and Clearing, the Hong Kong Monetary Authority and the University of Science and Technology on Tuesday. Looking to the future The eight agreements signed by the Hong Kong and Guangdong governments: To develop modern service industries in Qianhai , Shenzhen; To implement the sixth Cepa supplementary agreement in October; To form a task force on financial co-operation; To discuss construction of a rail link between Hong Kong and Shenzhen airports, and a checkpoint at Qianhai along the link; To jointly launch vaccine research, development and production; To encourage local tertiary institutes to establish schools in Guangdong; To improve regional air quality, promote resource recycling and reuse, and clean production among enterprises; To enhance intellectual property protection.