Too Much Integration Could Be Bad: Michael Tien
"); jQuery("#212 h3").html("

"); });
2019-02-21 HKT 14:40
A local deputy to the National People's Congress, Michael Tien, warned on Thursday that it won't be plain sailing as Hong Kong starts its integration into the Greater Bay Area and some sectors may be better left untouched.
Speaking after attending a symposium in Hong Kong on the development plans, Tien said it will be tricky to iron out some of the differences between the SAR and the 10 other bay area cities.
Tien, who is also a Roundtable lawmaker, said he thinks it will be good for Hong Kong to integrate further with the mainland in some areas. But he said there are some domains, such as law enforcement and medical services, where too much integration could be problematic.
"In terms of economic integration, there will not be a lot of resistance to it. Although, whether everything can be truly two-way, I believe is a challenge for Hong Kong," Tien said.
"Just think about it. If we were to further develop medical penetration in the Pearl River Delta area, we would have to send doctors up there. We don't even have enough doctors ourselves."
Tien said officials should listen to the views of the public and act prudently when dealing with such thorny issues.
Plantos Agentic AI CFO Takes Aim At The SME Lending Gap
Planto, a leading financial technology company specialising in AI-driven banking solutions, officially unveiled its whi... Read more
Hong Kong And Indonesia Explore QR Payment Interoperability
Hong Kong and Indonesia are exploring QR payment interoperability between the two markets. The Hong Kong Monetary Autho... Read more
Who Raises The Alarm, If Synthetic Identity Fraud Has No Victim?
Synthetic identity fraud is one of the fastest-growing fraud types globally, where fraudsters fabricate a person who ne... Read more
SFC Hong Kong Strategic Action Plan Backs Citys Five-Year Plan
Hong Kong’s Securities and Futures Commission (SFC) has unveiled a strategic action plan. It supports the city’s Fi... Read more
Tencent Launches TenPayGo Payment App For Travellers In China
Tencent has launched TenPayGo, a payment app for overseas visitors to mainland China. ITHome (IT之家) reported that i... Read more
Deutsche Bank Deploys Agentic AI To Help Trace Client Wealth For KYC
Deutsche Bank Private Bank has launched an agentic AI tool to support Source of Wealth checks, part of its Know Your Cu... Read more
