Savantas E-Newsletter - August 2017

01 August ,2017

Consultation Sessions on the Guangdong-Hong Kong-Macau Greater Bay Area 

The development plan for a city cluster in the Guangdong-Hong Kong-Macao Bay Area, which encompasses Hong Kong, Macau, and 9 cities in the Guangdong province, has become a project of regional and national significance. The Greater Bay Area developmental plan is expected to make the Pearl River Delta region comparable to other major bay areas (such as the New York Metropolitan area, Greater Tokyo area, San Francisco bay area… etc.) around the globe once it is completed; the project has received repeated mentions in multiple major working reports published by the Chinese government. The Greater Bay Area will be an invaluable economic opportunity for Hong Kong if realised. 

In light of these developments, the Savantas Policy Institute is collaborating with the research team from Institute of Guangdong, Hong Kong and Macao Development Studies, Sun Yat-sen University to formulate a shared vision of the Greater Bay Area, clarify each city’s positioning, facilitate the flow of factors of production, identify potential hindrances in the process and further engage the public in the process of development. 

To gauge views from key sectors and formulate recommendations for the Greater Bay Area Development Plan, Savantas Policy Institute and the Sun Yat-Sen University have been co-hosting a series of consultation sessions since 10th August, inviting key leaders from various sectors to meet and explore opportunities and roles for Hong Kong in the Greater Bay Area, as well as how the industries themselves may participate and benefit from the development plan. 

The research team is aiming to propose our development vision and policy suggestions to the State Council and the Hong Kong government this autumn. Summary of the consultation sessions will be posted on our website on a later date. For fast facts on the Guangdong-Hong Kong-Macau Greater Bay Area

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