The construction of the Greater Bay Area is steadily advancing, and Hong Kong and Macao are actively integrating into the overall development of the country
CCTV News: The construction of the Guangdong Hong Kong Macao Greater Bay Area is steadily advancing, and Hong Kong and Macao are actively integrating into the overall development of the country.
Just a few days ago, the Development Plan for the Shenzhen Industrial Park of the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone was announced to the public, further helping Shenzhen and Hong Kong break through the constraints of cross-border flow of scientific and technological innovation factors and open sharing of resources. The Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone, with an area of only 3.89 square kilometers, spans across Shenzhen and Hong Kong, committed to building a world-class innovation highland. Nowadays, here, top scientists gather, major scientific research institutions gather, multiple high-quality scientific research projects from 5 Hong Kong universities have landed, and Guangdong Hong Kong Macao youth innovation and entrepreneurship bases have become places where many Hong Kong and Macao youth start their dreams.
From the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone, to the Hengqin Guangdong Macao Deep Cooperation Zone, and then to the Qianhai Shenzhen Hong Kong Modern Service Industry Cooperation Zone, the connection of rules and mechanisms continues to deepen, and the integration and development of Guangdong, Hong Kong, and Macao are deepening. Through mutual recognition of professional qualifications, Huang Jingxi, a young man from Macau, became a lawyer in the Guangdong Hong Kong Macao Greater Bay Area in 2021, providing cross-border legal services to residents in the three regions.
![The construction of the Greater Bay Area is steadily advancing, and Hong Kong and Macao are actively integrating into the overall development of the country](https://a5qu.com/upload/images/f531d71f977af7fbfe308ff0bcae8702.jpg)
This year, the policies of "Macau cars heading north" and "Hong Kong cars heading north" have been successively implemented, allowing eligible Hong Kong and Macau motor vehicles to enjoy convenient travel in the Greater Bay Area. Cross border infrastructure such as the Hong Kong Zhuhai Macao Bridge and the Guangzhou Shenzhen Hong Kong High Speed Railway have been successively built, and the three regions are more closely connected, accelerating the formation of a "one hour living circle". The "Shenzhen Hong Kong Connect" and "Cross border Wealth Management Connect" are promoting deep integration of the financial markets in the Greater Bay Area, further consolidating Hong Kong's position as an international financial center. The Guangdong Macao Cooperation Industrial Park and the Hengqin Macao New Neighborhood Comprehensive Livelihood Project promote moderate and diversified economic development in Macau, creating a livable "new home" for Macau residents. The rapid development of the Greater Bay Area provides broad space for Hong Kong and Macao to better integrate into the overall development of the country, and also brings new opportunities for the development of Hong Kong and Macao.
Data shows that in 2022, the total economic output of the Guangdong Hong Kong Macao Greater Bay Area exceeded 13 trillion yuan, with significantly enhanced comprehensive strength. The construction of world-class bay areas and world-class urban clusters has taken solid steps.