Hong Kong Business News

The Hong Kong Special Administrative Region Government today held a seminar to promote the Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone at the Central Government Offices.

National Development & Reform Commission (NDRC) Department of Regional Economy Director General Wu Shulin was the keynote speaker and delivered a thematic presentation.

Representatives from the Communist Party of China (CPC) Central Committee Hong Kong & Macao Work Office, Guangdong Provincial Development & Reform Commission, and Shenzhen Municipal Government were also present.

Hong Kong Deputies to the National People's Congress (NPC) and Hong Kong Members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) as well as relevant Hong Kong SAR Government officials attended the seminar.

They learnt about embracing the central government's requirements and objectives in regard to the Qianhai Overall Development Plan and discussed with the NDRC delegation how to resolutely uphold the central government's strategic decisions on Qianhai development.

At the seminar, Mr Wu focused on studying and upholding President Xi Jinping's important steer on Qianhai's development, profoundly explained the significance of promoting Qianhai's development and opening up, and comprehensively analysed the situation facing Qianhai's development.

Following closely the overall requirements of full implementation of the Qianhai Overall Development Plan, with important missions including to facilitate Guangdong-Hong Kong and Hong Kong-Shenzhen co-operation and expand Hong Kong's scope of development, Mr Wu also systematically elaborated on various specific measures on industry development, business environment, urban development, public services and institutional mechanisms.

In his speech delivered at the seminar, Secretary for Constitutional & Mainland Affairs Erick Tsang said: “The Qianhai Overall Development Plan has a significant bearing on not only the high-level development of Qianhai and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), but also the country's continued deepening reform and opening up and high-quality development in a comprehensive manner.”

Mr Tsang also remarked that Hong Kong will continue to support Qianhai in trying out new policies on a pilot basis and pursuing more policy innovation and breakthroughs, with a view to spreading the successful policies to the rest of the GBA and even the entire country, and making greater contributions to the further reform and opening up of the country.

He encouraged Hong Kong Deputies to the NPC and Hong Kong Members of the National Committee of the CPPCC to appeal to different sectors to proactively take forward the development the Qianhai Co-operation Zone and the GBA.

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