The Greater Bay Area (GBA) consists of the special administrative regions of Hong Kong and Macao as well as nine cities of the Pearl River Delta region: Guangzhou, Shenzhen, Zhuhai, Foshan, Jiangmen, Dongguan, Zhongshan, Huizhou and Zhaoqing. With a population of 67.65 million residing across a total area of 56,500 sq km, this region is one of the most developed and vibrant areas in China. The development of the GBA initiative is intended to strengthen infrastructure links among the cities involved and stimulate economic cooperation. This corner provides members with updated information on policy and development of the GBA.
|Visit to China's Smart City – Longgang, Shenzhen|
China Committee Chairman Petrina Tam led a delegation to Longgang, Shenzhen on 12 April. Members first visited Vanke Longcheng Mall Project and Longgang City Planning Exhibition Hall to learn about the latest regeneration projects taking place in the city. Delegates then travelled to Longgang Smart Center to see how the centre is applying new technologies including the Internet, IOT and AI to everyday life. The mission ended with visits to Universiade Software Town, Shenzhen Longer 3D Technology Co Ltd, and Shenzhen Landing Medical High-Tech Co Ltd.
At the Greater Bay Area Forum on 10 April, the Chamber was delighted to have many distinguished speakers sharing their insights on how Hong Kong can capture the great opportunities arising from the Outline Development Plan for the GBA. The speakers discussed how the 11 cities should work together like a football team, with each focusing on its individual strengths.
Patrick Nip, Secretary for Constitutional and Mainland Affairs, said all the conditions in terms of timing, geographical advantage and human relations are now ripe for the development of GBA, and we cannot afford to miss it.
Liao Jingshan, Director General, Hong Kong and Macao Affairs Office of the People's Government of Guangdong Province, expressed his willingness to help Hong Kong enterprises enter the GBA by serving as a bridge for communication between Hong Kong and Guangdong Province Government. Liao is also Chairman, Committee for Liaison with Hong Kong, Macao and Taiwan, CPPCC, Guangdong Province.
|Visit to China's Silicon Valley - Shenzhen|
Members enjoyed an exclusive look behind the scenes at some of China’s tech giants during a mission to Shenzhen on 29 March organized by the Digital, Information & Telecommunications Committee.The delegation first visited Huawei’s Headquarters in Bantian Industrial Zone and learnt about its latest cloud and 5G developments. Members then travelled to Tencent Headquarter in Binhai to see how the company is applying new technologies to everyday life. At Forms Syntron Information, delegates toured the new headquarters and heard how the company is driving growth of ICT industries within the GBA. The mission ended with a presentation by WeBank, China’s first digital bank, to understand how virtual banks are transforming customers’ experience and the banking landscape.
|Opportunities Ahead - Transplanting HK's Success into the Greater Bay Area|
At a roundtable on 18 March, Tommy Yuen, Director (Constitutional and Mainland Affairs), Special Duties, HKSAR Government, briefed members on the key messages of the Outline Development Plan for the Greater Bay Area, and the direction of related work for the Government. Catherine Tsang, Partner at PwC China's Tax and Business Advisory Division, also shared her views on the latest GBA developments and how Hong Kong implants its successful experience to promote the development of the region.
|The Greater Bay Area Development Blueprint and Prospect|
The Central Government released its Development Plan for the Greater Bay Area on 18 February, which contains specific guidance on the role of Hong Kong. At a Chamber luncheon on 26 February, Dr Tse Kwok Leung, Head of Policy and Economic Research at Bank of China (Hong Kong), introduced members to the key points of the Plan. Also at the event, Daniel Leung, Chief FinTech Officer at Forms Syntron Information (HK), shared from his own experience how Hong Kong-based technology companies can grow by taking advantage of the opportunities in Shenzhen and the wider region.
|Delegation to Foshan|
Members took advantage of the faster travelling time to the Greater Bay Area provided by the new High Speed Rail link on a Chamber visit to Foshan on 17-18 January. Petrina Tam, Chairman of the China Committee, and Eric Fok, Chairman of the Young Executives Club, led the joint delegation where they met with local leaders and officials to learn about the latest developments in the city and the growing cooperation between Hong Kong and Foshan. The delegates also visited a number of companies, business zones and facilities, including the newly opened GBA International Sports and Cultural Centre, the Foshan High-Tech Industrial Development Zone and Lingnan Tiandi, an old town regeneration project.
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