The opening up of the Guangdong Hong Kong Macao Greater Bay Area has launched the accelerator key .

Mondo Finance Updated on 2024-02-20

During the Spring Festival of the Year of the Dragon, the Hong Kong-Zhuhai-Macao Bridge continued to drive and set a new traffic record: on February 11, the two-way traffic flow reached 1620,000 trips, with a two-way traffic flow of 1940,000 trips, two-way traffic exceeded 2 on February 13030,000 trains. This is also driven by policies and measures such as "Optimization of the Reservation Mechanism for Hong Kong Cars Going North" and "Hong Kong-Zhuhai-Macao Bridge Tour", and the popularity of tourism, family and friend visits and business exchanges through the Hong Kong-Zhuhai-Macao Bridge continues to heat up.

On February 18, the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area" was released for five years. In the past five years, the Greater Bay Area has been "accelerating", and the grand blueprint is becoming a reality step by step. A number of policy measures have been implemented in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) – the "Bay Area Connect" project has been implemented in depth, and Hengqin's special measures to relax market access and the catalogue of encouraged industries have been successfully implemented; Guangdong, Hong Kong and Macao jointly issued Bay Area standards for food, traditional Chinese medicine, transportation, logistics and other fields, as well as ...... of the "Bay Area Certification" project in the fields of industrial consumer goods, agricultural and food products and service industries

The ability of scientific and technological innovation continues to improve.

Since the release of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, the GDP of the 11 cities in the three regions of the Greater Bay Area has been continuously refreshed: from 868 trillion yuan, to 116 trillion yuan, and then 13. in 202204 trillion yuan, always maintaining stable growth. Zhu Wei, deputy director of the Guangdong Provincial Development and Reform Commission and executive deputy director of the Provincial Greater Bay Area Office, said in an interview with ** a few days ago that the total economic output of the Greater Bay Area is expected to exceed 13 in 20236 trillion yuan.

The interviewed experts generally said that the impact of the epidemic on the global economy for three consecutive years is very large, coupled with the weak recovery of the world economy, geopolitical tensions, and the spread of anti-globalization ideology, under such conditions, the Guangdong-Hong Kong-Macao Greater Bay Area can maintain stable growth, indicating that the economic resilience of the Greater Bay Area is good, and it also stems from the continuous forging of high-level scientific and technological self-reliance and self-reliance in the Greater Bay Area.

Yu Zongliang, director of the Free Trade Innovation Center of China (Shenzhen) Comprehensive Development Research Institute, told reporters that as of the third quarter of 2023, the number of business entities in the Guangdong-Hong Kong-Macao Greater Bay Area reached 13.75 million, and the number of enterprises accounted for 144%, Guangdong's regional innovation comprehensive capacity has ranked first in the country for six consecutive years, and the "Shenzhen-Hong Kong-Guangzhou Innovation Cluster" has ranked second in the global innovation index for four consecutive years, with strong market vitality and creativity.

In 2023, Guangdong will have 750,000, an increase of 30,000 over 2018, ranking first in the country for 8 consecutive years; A total of 63 companies in the Greater Bay Area made the list of global unicorns, more than double the number in 2019.

Technological innovation is a core competitiveness of the future development of the Guangdong-Hong Kong-Macao Greater Bay Area**. Zhu Yu, a researcher at Tsinghua University's China Institute of New Urbanization, told reporters that in the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area", the country has five positions for the Guangdong-Hong Kong-Macao Greater Bay Area, and the international science and technology innovation center is one of them. It is reported that at present, there are 9 major national scientific and technological infrastructure layouts in the Greater Bay Area, and major scientific and technological infrastructure clusters to support scientific research needs in the fields of information, biology and materials have been initially built. A total of 10 provincial laboratories, 30 national key laboratories, 430 provincial key laboratories and 31 Guangdong-Hong Kong-Macao joint laboratories have been built. A total of 5 national manufacturing innovation centers such as new energy storage and 3 national industrial innovation centers such as nano intelligent manufacturing and biomanufacturing have been built.

Liu Chenli, vice president of the Shenzhen Institute of Advanced Technology of the Chinese Academy of Sciences and chief scientist of major scientific and technological infrastructure for synthetic biology research, said that as more and more large scientific devices are put into use, from basic research to application transformation, from talent introduction to talent training, the whole chain of scientific and technological innovation in the Guangdong-Hong Kong-Macao Greater Bay Area will benefit from it, and it is expected to achieve a leap in the efficiency of scientific research and achievement incubation. According to the data, by the end of 2023, the effective number of invention patents in the Guangdong-Hong Kong-Macao Greater Bay Area was 6720,000 pieces, a year-on-year increase of 232%。

The cooperation platform promotes high-quality development.

The cooperation platform is an important carrier for leading and driving the comprehensive cooperation between Guangdong, Hong Kong and Macao. With the promulgation of the Master Plan for the Development of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, the Plan for Comprehensively Deepening the Reform and Opening-up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, the Master Plan for Deepening the Comprehensive Cooperation between Guangdong, Hong Kong and Macao in Nansha, Guangzhou, and the Development Plan for the Shenzhen Park of the Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone in the Hetao, the four major cooperation platform systems in the Greater Bay Area have been established.

Zhu Wei said that the four major cooperation platforms have their own focus in terms of strategic intentions and development directions. Hengqin focuses on serving the moderate diversification of Macao's economy, Qianhai focuses on supporting Hong Kong to expand the development space of modern service industries, and Nansha is located in the geometric center of the Greater Bay Area, which needs to fully connect Macao and Hong Kong and face the world. Although the Hetao Co-operation Zone is small, it is pregnant with great hope, mainly to cooperate with Hong Kong to promote international scientific and technological innovation, and cooperate with Hong Kong to build a pattern of "science and technology innovation in the north and finance in the south".

The plans for Qianhai and Hengqin were introduced in 2021 and have already achieved positive results. According to the data, Qianhai has launched more than 200 policies to benefit Hong Kong. In 2022, the actual use of Hong Kong capital in Qianhai is 560.8 billion US dollars, an increase of 34%, accounting for 55 of Shenzhen2%, reaching 24 from January to September 2023With US$300 million, it has nearly 10,000 Hong Kong-funded enterprises and more than 10,000 Hong Kong people, making it the first stop for Hong Kong people and enterprises to develop in the mainland.

Hengqin's scientific and technological R&D and high-end manufacturing, traditional Chinese medicine, modern finance, cultural tourism, convention and exhibition commerce and other industries have accelerated their implementation, and the industrial linkage development model of "Macao platform + international resources + Hengqin space + achievement sharing" has attracted more and more domestic and foreign enterprises to invest in Hengqin, and the data shows that in the first half of 2023, the operating income of the "four new" industries above designated size in the Hengqin Cooperation Zone (excluding the modern financial industry) will reach 799.9 billion yuan, a year-on-year increase of 299%;The added value of the modern financial industry reached 877.7 billion yuan, a year-on-year increase of 29%。The proportion of registered commercial entities in the cooperation zone has increased from 13 at the beginning of its establishment77% to 35%.

Zhu Yu said that with the acceleration of the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area, there may be a number of cooperation platforms in the future such as the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, that is, in several special economic zones with the theme of in-depth cooperation between Guangdong, Hong Kong and Macao, drawing on the current system of co-consultation, co-construction, co-management and sharing between Guangdong and Macao in Hengqin.

At the end of 2023, China also issued policy documents such as the Overall Development Plan for the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, the Overall Development Plan for the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, and the Opinions on Supporting the Relaxation of Special Measures for Market Access in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, which brought the cooperation between Shenzhen, Hong Kong and Hengqin and Macao to a new level, and also pressed the "acceleration button" for the development and opening up of the Guangdong-Hong Kong-Macao Cooperation Platform.

The tide is surging, and it is the right time to struggle. The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is moving forward towards the future of a first-class bay area and a world-class city cluster with vitality and international competitiveness.

*: China ** News Author: Zhou Dongyang.

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