Government To Set Up Greater Bay Area Office

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-05-06 HKT 11:19

Share this story

facebook

  • Writing in his weekly blog, Cheung said the plan is of strategic importance to Hong Kong. File photo: RTHK

    Writing in his weekly blog, Cheung said the plan is of strategic importance to Hong Kong. File photo: RTHK

The Chief Secretary Matthew Cheung says the government will set up an office to coordinate plans relating to the Greater Bay Area, a Beijing initiative to develop Hong Kong, Macau, Shenzhen and eight other cities in Guangdong into a mega metropolitan hub.

Writing in his weekly blog, Cheung said the plan is of strategic importance to Hong Kong. He said the city has unique advantages under "One Country, Two Systems" due to its legal system and protection of intellectual property rights.

He also said transport in the area will be more convenient once infrastructure projects, like the Hong Kong-Zhuhai-Macau bridge and the Express Rail Link, are up and running.

RECENT NEWS

Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access

Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more

HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site

The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more

Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects

The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more

Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China

At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more

HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus

The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more

How Gaming Giants Are Redefining The Experience Of Paying

Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more