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

Revolut Considers China Expansion Amid UK Regulatory Hurdles

UK fintech giant Revolut is exploring a potential move into China, setting the stage for competition with domestic heav... Read more

ZA Global Backs RD Technologies With US$40M To Boost HKs Stablecoin Ecosystem

ZA Global has led a US$40 million Series A2 funding round for HK fintech firm, RD Technologies (RD), marking a signific... Read more

WeLab Hit Profitability And Now Wants 500 Million Customers Across Asia

From its humble beginnings as an online lender to its rise as one of Asia’s most ambitious fintechs, WeLab Group (WeL... Read more

HKMA Finalises Guidelines For Stablecoin Issuer Regulatory Regime

The Hong Kong Monetary Authority (HKMA) has published several documents in preparation for the implementation of the re... Read more

Cybercrime Is Surging Across APAC Yet Defences Remain Fragmented

APAC saw a sharp rise in human-led attacks in 2024, with attack rates growing over 60% year-on-year and increasing 37% ... Read more

Hong Kong Advances Trade Digitalisation With MLETR Adoption

Digitalisation is reshaping the global economy, and businesses must adapt to capitalise on emerging opportunities. In t... Read more