HK, Guangdong Seal Deals As In-person Talks Return

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

Related News Programmes

"); });

2023-03-22 HKT 11:58

Share this story

facebook

  • HK, Guangdong seal deals as in-person talks return

Government leaders from Hong Kong and Guangdong have held their first in-person conference in four years, sealing agreements in areas such as technology, healthcare and finance.

The talks on Tuesday took place in the Central Government Offices, with a Hong Kong delegation led by Chief Executive John Lee, who co-chaired the talks with Guangdong Governor Wang Weizhong.

Noting that this year marks the fourth anniversary of the outline development plan for the Greater Bay Area initiative, Lee said: “We must seize every moment to actively promote the high-quality development of the Greater Bay Area in accordance with the spirit of the 20th Party Congress and the Two Sessions.

“This requires close cooperation between Guangdong and Hong Kong to lead the high-quality development of the Greater Bay Area and embark on a new journey to reach new heights.”

After the talks, the two side signed five co-operation agreements on areas including technology exchanges and the development of a smart city cluster.

Financial regulators from both sides signed a deal on promoting financial co-operation, while the Labour and Welfare Bureau and the Human Resources and Social Security Department of Guangdong Province sealed an agreement on labour inspections and law enforcement.

The final agreement is intended to improve exchanges and cooperation on the regulation of drugs and medical devices in the GBA.

Meanwhile, the two governments said they would arrange more exchange programmes and study tours for Hong Kong school groups. They said this would help teachers and pupils enhance their understanding of the nation’s development and deepen their sense of national identity.

RECENT NEWS

TOPPAN Edge Becomes Japans First Qualified VLEI Issuer

The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more

SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more

Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin

South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more

China Funds Research On Stablecoins And Cross-Border Oversight

China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more

XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership

XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more

Brinc Launches VentureVerse Through Acquisition Of OG Club

Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more