The Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) comprises the two Special Administrative Regions of Hong Kong and Macao, and the nine municipalities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing in Guangdong Province.
The development of the Greater Bay Area is accorded the status of key strategic planning in the country's development blueprint, having great significance in the country's implementation of innovation-driven development and commitment to reform and opening-up. The essence of the development of the Greater Bay Area is to leverage the comparative advantages of every Greater Bay Area city to the largest extent, deepen cooperation amongst Guangdong, Hong Kong and Macao, facilitate in-depth and organic regional integration, as well as drive coordinated regional economic development. By doing so, the Greater Bay Area will become an international first-class bay area ideal for living, working and travelling.
Being the most open and international city in the Greater Bay Area, Hong Kong is known for being international financial, transportation and trade centres with renowned professional services. Enjoying the dual advantages of "one country, two systems", Hong Kong plays an important role in the Greater Bay Area Development. On the one hand, Hong Kong provides support for regional economic development and enhances the role and function of the Greater Bay Area in the country's two-way opening-up; on the other hand, through facilitating the development of industries in which Hong Kong's strengths lie into the Greater Bay Area market can expand their scope of development, thereby contributing to the development of the Greater Bay Area.
The Chief Executive, Mrs Carrie Lam, announced in her second Policy Address on October 10, 2018 the establishment of a high-level Steering Committee for the Development of the Greater Bay Area, with her as the chairperson and its membership comprising all Secretaries of Department and Directors of Bureau. The Steering Committee is responsible for the overall co-ordination of matters relating to the Hong Kong Special Administrative Region's participation in the development of the Greater Bay Area. The Constitutional and Mainland Affairs Bureau will also set up a Greater Bay Area Development Office and appoint a Commissioner for the Development of the Greater Bay Area to implement the relevant work.
The Hong Kong Special Administrative Region Government's work in taking forward the development of the Greater Bay Area include: developing an international innovation and technology hub; facilitating the development of industries in which Hong Kong enjoys strengths into the Greater Bay Area; and through policy innovation and breakthroughs as well as facilitation measures for Hong Kong residents studying, working and living in the Greater Bay Area, fostering the flow of people, goods, capital and information and improving the overall connectivity of the Greater Bay Area according to the principle of "one country, two systems".
The commissioning of the Hong Kong-Zhuhai-Macao Bridge, the Hong Kong Section of the Guangzhou-Shenzhen-Hong Kong Express Rail Link and Liantang/Heung Yuen Wai Boundary Control Point will further improve transport connectivity within the Greater Bay Area, and greatly reduce travelling time between Hong Kong and other Greater Bay Area cities. With innovation as well as breakthroughs in policies and institutions, the overall connectivity between Hong Kong and other Greater Bay Area cities will be vastly enhanced, fully leveraging the synergy and opportunities brought about by the development of the Greater Bay Area.
The Hong Kong Special Administrative Region Government will work closely with central authorities, the Guangdong Provincial Government and the Macao Special Administrative Region Government, under the principles of innovation, coordinated development, sustainable development, mutual benefits and livelihood improvement, to refine, deepen and improve concrete cooperation items, and proactively take forward the development of the Greater Bay Area, with a view to bringing invaluable new development opportunities to different sectors of the community, especially young people, in Hong Kong.