China Hosts Press Conference on Guangdong-Hong Kong-Macao Greater Bay Area Development video poster

China Hosts Press Conference on Guangdong-Hong Kong-Macao Greater Bay Area Development

Beijing, October 2023 – China’s State Council Information Office held a significant press conference today to discuss the development of the Guangdong-Hong Kong-Macao Greater Bay Area. Officials from the State Council, along with representatives from Guangdong Province, the Hong Kong Special Administrative Region, and the Macao Special Administrative Region, addressed the media to provide insights into the region’s future growth plans.

The Greater Bay Area, comprising nine cities in Guangdong Province and the Hong Kong and Macao Special Administrative Regions, is a strategic initiative aimed at fostering economic integration and development within the region. The initiative seeks to enhance connectivity, innovation, and competitiveness, positioning the area as a leading global economic hub by 2035.

During the press conference, officials highlighted key achievements since the launch of the Greater Bay Area development plan, including infrastructure improvements, increased cross-border cooperation, and advancements in technology and innovation sectors. They emphasized the importance of continued collaboration among the regions to achieve shared economic prosperity and social development.

The speakers also addressed questions from the media regarding challenges faced in the integration process, measures to promote sustainable development, and efforts to enhance the region’s global competitiveness. They reaffirmed their commitment to overcoming obstacles and implementing policies that support the region’s long-term goals.

The development of the Guangdong-Hong Kong-Macao Greater Bay Area is expected to play a crucial role in China’s economic growth and integration into the global economy. The initiative offers significant opportunities for businesses, investors, and communities within the region and beyond.

The press conference underscored the Chinese government’s dedication to advancing the Greater Bay Area’s development, highlighting its potential to become a dynamic and innovative economic powerhouse in Asia.

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