[New ideas lead a new journey]Reform boosts the construction of the Guangdong-Hong Kong-Macao Greater Bay Area to a new level

The construction of the Guangdong-Hong Kong-Macao Greater Bay Area is a major national strategy personally planned, deployed and promoted by General Secretary Xi Jinping. It is a new measure to promote the formation of a new pattern of comprehensive opening up in the new era and a new practice to promote the development of “one country, two systems”. Today, the Guangdong-Hong Kong-Macao Greater Bay Area has become one of the regions with the strongest economic development vitality in China. It has made significant progress in key areas such as rules and mechanisms, technological innovation, and improvement of people’s livelihood. Reform is injecting new momentum into the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area. .

These days, the Guangdong-Hong Kong-Macao Greater Bay Area has made new breakthroughs in reform in the connection of rules and mechanisms. A new batch of more than 50 “Bay Area Standards” have passed the review and will be announced to the public before the end of the year. From mooncakes and herbal teas to buildings and cold chains, with unified access standards and consistent execution processes, the flow of people, funds, and information between Guangdong, Hong Kong, and Macao has greatly increased, breaking circulation barriers, and the Guangdong-Hong Kong-Macao Greater Bay Area The formation of a unified market is accelerating.

Reform will continue to deepen the “soft connectivity” of Guangdong, Hong Kong and Macao, and accelerate the construction of a new open economic system. Measures such as “Shenzhen-Hong Kong Stock Connect”, “Southbound Trading” for bonds, and “Cross-border Financial Management Connect” have been implemented. RMB has become the largest settlement currency for cross-border receipts and payments between Guangdong, Hong Kong and Macao. Guangdong has promoted two-way mutual recognition through unilateral recognition. Doctors, More than 3,100 Hong Kong and Macao professionals in eight fields including teachers have obtained mainland registered professional qualifications, and a collaborative development model of the science and technology industry of “Hong Kong and Macao universities – Hong Kong and Macao scientific research results – transformation in the Pearl River Delta” has gradually taken shape.

At the same time, the curtain of reform has also begun in the field of science and technology. In terms of application for major projects, barriers to cross-border flows and regional integration of talents, capital, and technology have been removed, and projects are open to scientific research institutions in Hong Kong and Macao. In terms of scientific and technological resources, key scientific and technological infrastructure such as supercomputing centers are shared among Guangdong, Hong Kong and Macao. At the same time, the Guangdong-Hong Kong-Macao Greater Bay Area (Guangdong) Talent Port was officially opened, and Shenzhen’s participation in the pilot reform of scientific and technological talent evaluation is progressing in an orderly manner. This year, Shenzhen also continued to launch the Shenzhen-Hong Kong “joint policy package” to address issues such as insufficient cross-border policy supply and connectivity, proposing 28 specific measures and formulating application guidelines to allow scientific and technological innovation projects and talents to enjoy the benefits of Shenzhen and Hong Kong at the same time. With policy support, the scientific and technological innovation capabilities of the Guangdong-Hong Kong-Macao Greater Bay Area have been completely improved.

Use reform to draw greater “concentric circles” for the integration of people’s livelihood. This year, the Guangdong-Hong Kong-Macao Greater Bay Area has completely canceled the employment permits for Hong Kong and Macao personnel in Guangdong, and the agreement between the mainland and Macao on the mutual recognition and exchange of driver’s licenses has officially come into effect. With the implementation of the customs clearance policies of “Hong Kong Cars Going North” and “Macao Cars Going North”, it has become more convenient for residents to travel between Guangdong, Hong Kong and Macao. At present, in the “Macau New Neighborhood” project, which is about 5 minutes’ drive from Hengqin Port, there is an endless stream of Macau people coming to view the properties. “Macau New Neighborhood” is the first comprehensive livelihood project jointly developed by Guangdong and Macao. It provides an orderly connection in public services such as education, civil affairs, and medical care, and accelerates the creation of a high-quality living area suitable for living, working, and traveling.

In 2022, the total economic volume of the Greater Bay Area will exceed 13 trillion yuan, and the “Shenzhen-Hong Kong-Guangzhou Innovation Cluster” has ranked second in the Global Innovation Index for four consecutive years.

In the next step, Guangdong, Hong Kong and Macao will further strengthen the connection of rules and mechanisms, launch more reform measures to serve key areas such as technological innovation, investment and financing, and continuously improve the level of market integration in the Greater Bay Area. Accelerate the construction of the Shenzhen Pilot Demonstration Zone and the three major cooperation platforms of Hengqin, Qianhai, and Nansha, and strengthen the coordinated development of the Greater Bay Area and Beijing-Tianjin-Hebei, the Yangtze River Delta, and the Hainan Free Trade Port. Today’s Guangdong-Hong Kong-Macao Greater Bay Area is deepening reforms with greater vigor, and the construction of the Guangdong-Hong Kong-Macao Greater Bay Area has accelerated into a new stage.

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This news article has been translated from the original language to English by WorldsNewsNow.com.

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