Chinese President Xi Jinping has emphasized the need to deepen reforms and expand openness to drive high-quality development during a two-day inspection tour of Guangdong Province. The visit underscored China's commitment to advancing the Guangdong-Hong Kong-Macao Greater Bay Area initiative, a flagship project positioning the region as a global innovation and economic hub.
Xi, who also serves as General Secretary of the Communist Party of China Central Committee, highlighted the strategic importance of coordinated development across the Pearl River Delta during his visits to tech enterprises and cultural landmarks in Guangzhou and Shenzhen. "Reform and opening up remain China's fundamental national policy," Xi stated, reaffirming support for market vitality and international cooperation.
The Greater Bay Area plan, encompassing 11 cities across three regions, aims to create an integrated economic zone rivaling global counterparts like the San Francisco Bay Area. Analysts suggest Xi's personal engagement signals accelerated infrastructure investments and policy coordination, particularly in emerging sectors like green energy and artificial intelligence.
Business leaders and investors are monitoring potential cross-regional financial reforms, including streamlined capital flows and enhanced intellectual property protections. The tour coincided with announcements of new high-speed rail connections and digital trade platforms designed to strengthen supply chain resilience across Asia.
