CGCC and Hong Kong’s industrial and business community earnestly look forward to the implementation of the Bay Area’s development plan, which will provide enormous new opportunities for Hong Kong businesses.
We look forward to various sectors of the society taking hold of the opportunities to deepen Hong Kong’s role as a hub for regional cooperation. CGCC will further perform its function as a bridge to explore more development opportunities at home and abroad for member companies and the business community.
The Budget should offer more financial support in driving industrial research, development and innovation, and that concrete policies should be formulated to assist the business and industrial community to effectively take part in regional construction.
Although deepening economic, trade and investment exchanges are an important driver, cultural and social interaction is also an essential element for driving market cooperation along the B&R.
It can be anticipated that the Greater Bay Area plan will bring unprecedented opportunities for Hong Kong’s economy. In particular, we can combine the strengths of Hong Kong and Shenzhen in the IT field and work together to give new impetus to the GBA’s development.
As an international financial center, Hong Kong can form a win-win alliance with Singapore and other ASEAN financial hubs to serve as a connection platform for international capital investing in ASEAN, East Asia and markets along the B&R.
We hope that the Policy Address will strengthen the growth of industries and introduce new elements to achieve the diversified development of Hong Kong’s economy and society.
To maximize the economic benefits of the Guangdong-Hong Kong-Macau Greater Bay Area, it is essential that the regional city cluster must break away from past limitations, so that the level of cooperation can transcend the traditional Pearl River Delta model.
On this occasion when we celebrate the important day of the 20th anniversary of Hong Kong’s reunification with the Motherland, we congratulate the new Chief Executive, Carrie Lam, and officials of the new HKSAR Government on assuming office.
At a reception for the Chamber’s new term of Committee Members in Beijing last month, Zhang Dejiang, Chairman of the Standing Committee of the National Peopleʼs Congress, stressed that “One Country, Two Systems” is the best framework for the interests of Hong Kong’s development, and its successful implementation is widely recognized by the international community.