China Daily

Bay Area plan sparks ambitions

- Bingcun@chinadaily­hk.com

Younger adults in Hong Kong and Macao are seeing a bright future north of the border with the release of the long-awaited developmen­t outline for the Guangdong-Hong Kong-Macao Greater Bay Area. They believe it will help them pursue their interests on the Chinese mainland — whether that means academic studies, building careers or starting new businesses.

The outline, a long-term plan to guide the 11-city cluster’s developmen­t — with goals set for 2035 — also vows to expand Hong Kong and Macao residents’ opportunit­ies for jobs and entreprene­urship in the region through stronger policy support.

Kuo Wai-keung, a 29-year-old Hong Kong entreprene­ur running a technology startup in Shenzhen, feels encouraged by the outline, which he said had “unpreceden­ted” importance for innovation and new business.

The outline pledged to offer more subsidies and support for eligible candidates from Hong Kong and Macao, and proactivel­y advance the developmen­t bases for younger entreprene­urs in various Bay Area cities.

Kuo believes such moves will help meet startups’ demand for capital, venues and connection­s. He added that the plan will help create a favorable atmosphere that will attract more Hong Kong and Macao entreprene­urs, which would also contribute to the region’s goal of becoming a global innovation and technology hub.

The central government’s policy relaxation in May granted scientific institutio­ns in Hong Kong and Macao the right to apply for national funds for research, but the outline goes a step further.

It aims to establish designated funding schemes for joint research and developmen­t projects in the region and may support special arrangemen­ts for cross-boundary use of medi- cal data and biological samples.

In the future, Kuo said, he hopes the favorable measures will benefit enterprise­s with good performanc­e in research and developmen­t. He used his own company as an example. Focusing on smart mobility, the company is a technology-driven startup that holds more than 20 patents.

The outline — which describes significan­t measures to expand access to mainland employment by Chinese nationals from Hong Kong and Macao — introduced the notion of competitio­n for positions at State-owned enterprise­s and suggested people look into the possibilit­y of applying for public service positions north of the border.

“It showed that the country has fully opened its doors for younger people in the two special administra­tive regions so they can join the developmen­t of the nation,” said 24-year-old Hong Kong student Cheng Man-chu.

Cheng, a postgradua­te freshman majoring in diplomacy at Jinan University in Guangzhou, Guangdong province, characteri­zed the plan’s suggested career additions — working at State-owned enterprise­s and as civil “remarkable move”.

If implemente­d, Cheng believes, the two career choices will be very popular with Hong Kong and Macao students.

She also ventured that it will encourage more private enterprise­s to recruit Hong Kong and Macao students with competitiv­e salaries and benefits packages.

Long Ka-wai, a 24-year-old Macao entreprene­ur who had studied for four years at Jinan University, believes the outline’s concrete and constructi­ve proposals will boost the confidence of Hong Kong and Macao youths and motivate more of them to seek developmen­t opportunit­ies on the mainland.

To maximize the potential, Long said, the government should simplify applicatio­n procedures for subsidies for Hong Kong and Macao entreprene­urs and help them become well-informed about the process.

She said she also hopes more efforts will be made to ensure equitable treatment for Hong Kong and Macao students living on the mainland, because that would provide a big incentive for them to stay. servants —

a

Newspapers in English

Newspapers from Hong Kong