Guangdong-HK-Macau Greater Bay Area development steps up a gear

FOR Li Zhiping, a bus driver commuting between Guangdong and Hong Kong, the Humen Bridge is his most frequent route.

But not for long.

The Hong Kong-Zhuhai-Macau Bridge, about to open soon, will cut the travel time between the two regions from three hours to just 30 minutes.

“I will definitely take this route when it opens. It’ll be faster and no traffic jams, making things convenient for all,” Li said.

Meng Wei, spokeswoman for the National Development and Reform Commission, said earlier this year that the major tunnel project for the bridge was completed in February and preparation was under way for the official opening.

The 55-kilometer bridge, situated in the Lingdingyang, or Lingding Channel, of the Pearl River Estuary, is an example of the connectivity of infrastructure in the development of the Guangdong-Hong Kong-Macau Greater Bay Area.

On July 1, 2017, President Xi Jinping attended the signing ceremony of the framework agreement on the development of the Guangdong-Hong KongMacau Greater Bay Area, which covers Hong Kong and Macau, as well as nine cities in Guangdong Province, including the firsttier cities of Guangzhou and Shenzhen.

With the support of the central government, Guangdong, Hong Kong and Macau will improve collaboration mechanisms and facilitate win-win cooperation to build a world-class bay area and city cluster.

The Hong Kong section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link, which links Hong Kong with the Chinese mainland’s mega high-speed rail network, is also expected to begin operation in the third quarter of this year.

Policies for improved transport facilities, as well as expedited employment, education and medical services for people from Hong Kong and Macau on the mainland are also in the works.

“With promising career prospects, good income and a more friendly working and living environment, I feel like staying here even longer,” said Hong Kong resident Kevin Lee who started working in Shenzhen in 2015.

The NDRC is working on a plan to make the bay area an international science and technology innovation center, which will lay out a top-level design for innovation and cooperation in science and technology in the region.

In May, the Ministry of Science and Technology and the Ministry of Finance encouraged colleges and research institutes in Hong Kong and Macau to join in science and technology initiatives financed by the central government.

The decision to establish the Hong Kong-Shenzhen Innovation and Technology Park was published in 2017, and a business hub for startups was unveiled in the city of Zhuhai in Guangdong in July.

So far, six Hong Kong colleges have set up 72 research institutes in Shenzhen to turn discoveries into practical use.

“With an inclusive atmosphere, supportive policies, complete support facilities and the massive mainland market, the Greater Bay Area has an excellent and innovative business environment,” said Felix Lio, vice secretary-general of the Hong Kong United Youth Association and also a Hong Kong entrepreneur doing business in Shenzhen.

Over the past year, the NDRC and authorities of Guangdong, Hong Kong and Macau have joined hands to carry out the framework agreement on the GuangdongHong Kong-Macau Greater Bay Area development.

Last year saw strong economic and trade cooperation and investment among the three regions, with 82.8 percent of investment from outside the mainland in Guangdong coming from Hong Kong and Macau; and 57.5 percent of Guangdong’s investment going to Hong Kong and Macau.

More than 12,000 companies from Hong Kong and Macau have entered the pilot free trade zones in Guangdong.

“Based on the framework agreement, all parties — from the government, business sector, education and research circles, to the public — are joining forces to put words into actions to develop the Guangdong-Hong Kong-Macau Greater Bay Area,” said Wang Fuqiang, an official with the China Center for International Economic Exchanges, a government think tank.