Guangdong, HK and Macao to be center of world innovation
The National Development and Reform Commission said on Thursday six measures will be taken to build the Guangdong-Hong Kong-Macao Greater Bay into an area with a world-leading role.
The bay will be built as a center of international technological innovation, with a corridor connecting Guangzhou, Shenzhen, Hong Kong and Macao, the commission said. A comprehensive transport system will be built in the area to better connect Hong Kong and Macao with the mainland.
More effective exchanges of production will be achieved. A globally leading business environment will be built, with measures to promote trade liberalization, investment facilitation, and personnel exchanges.
Meanwhile, the area is set to work with Belt and Road countries in infrastructure connectivity, finance and ecological and environmental protection.
Guangdong will be supported in building industrial parks with Hong Kong and Macao to expand economic cooperation, learning from pilot zones in Qianhai in Shenzhen, Nansha in Guangzhou and Hengqin in Zhuhai. Public services will be strengthened to help Hong Kong and Macao residents, especially young people, to study, work and start businesses on the mainland.