Hong Kong and other Greater Bay Area cities pledge more cooperation as Beijing’s cross-border powerhouse plan marks fifth anniversary
- Hong Kong Financial Secretary Paul Chan says stronger links between city’s financial sector and rest of Greater Bay Area being forged
- Guangdong party chief calls on bay area cities to join forces with Hong Kong and Macau to speed up creation of hub capable of fostering top talent
The officials were exploring ways to fine-tune Beijing’s plan to create a cross-border economic powerhouse by linking 11 cities and more than 86 million people on the fifth anniversary of the blueprint on Sunday.
The minister said during an interview with state broadcaster CCTV on Saturday that Hong Kong had delivered an “impressive report card” on bay area development over the past five years.
“The interconnection in the financial sector within the Greater Bay Area is further deepening and expanding, while industry-oriented innovation and technology is bringing new economic impetus and increment to Hong Kong,” he said.
Chan argued that Hong Kong’s ability to connect the mainland with the rest of the world was a major advantage, adding: “Different companies can bring in upstream, midstream and downstream companies in their respective categories to form an industrial chain. We will help them find companies to work with.”