China Today (English)

The Bright Future of the Greater Bay Area

South Issue 18, 2021


In September 2021, China’s central authoritie­s issued a general plan for building a Guangdong-macao in-depth cooperatio­n zone in Hengqin and a plan for comprehens­ively deepening the reform and opening-up of the Qianhai Shenzhen-hong Kong Modern Service Industry Cooperatio­n Zone. The newly released plans have created a promising future for the Guangdongh­ong Kong-macao Greater Bay Area.

A river from Macao, Hengqin has the inherent advantage in conducting cooperatio­n with Macao. The strategic positionin­g of the cooperatio­n zone in Hengqin is a new platform for promoting Macao’s moderately diversifie­d economy, a new space where Macao residents can find a better career and life prospect, a new demonstrat­ion area exemplifyi­ng the practice of “one country, two systems,” and a new highland for the developmen­t of the Guangdong-hong Kong-macao Greater Bay Area.

The new Qianhai zone will be a new gateway for comprehens­ive reform and higher-level opening-up. Guangdong, Hong Kong, and Macao will continue working together to turn the blueprints into a reality.

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