[Introduction] Paul Chan: Opportunities abound in the Greater Bay Area and we are full of confidence in Hong Kong! Source: Voice of the Greater Bay Area This year marks the fifth anniversary of the public release of the "Outline Development Plan for the Guangdong-Hong Kong-Macao

[Introduction] Paul Chan: Opportunities abound in the Greater Bay Area and we are full of confidence in Hong Kong!

Source: Voice of the Greater Bay Area

This year marks the fifth anniversary of the public release of the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area". Hong Kong has achieved new breakthroughs in integrating into the overall development of the country, and has achieved new achievements in the practice of "one country, two systems".

"We need to identify where our advantages are, and then find the right positioning to find our good development opportunities." The Financial Secretary of the Hong Kong SAR Government, Paul Chan Mo-po, recently attended the "Opportunities in Hong Kong" themed interview event and was interviewed, emphasizing the importance of Hong Kong. confidence in development prospects. Where does

opportunity come from? Chen Maobo conducted an in-depth analysis.

OpportunitiesHong Kong: Tell the story of Hong Kong through grand events

Hong Kong has always been known as the "city of grand events", and this year it has become even more lively. Not long ago, the Hong Kong SAR government announced the calendar of major events in Hong Kong for the second half of 2024. There are more than 210 major events throughout the year, an increase of more than 40%.

Chan Moo-po said that Hong Kong adopts the strategy of hosting multiple events in the hope of attracting as many visitors as possible through different types of activities. According to estimates, the direct economic growth brought about by Hong Kong's "event economy" is approximately 10 billion Hong Kong dollars. But the benefits of the “event economy” don’t end there.

▲Paul Chan Mo-po, Financial Secretary of the Hong Kong SAR Government

In Chan Mo-po's view, the importance of major events lies in telling Hong Kong's story well and promoting the Hong Kong brand. "Before they came, they didn't know that Hong Kong was so dynamic, so safe, and had such good business opportunities. When they go back and tell their friends, it is our best publicity."

Opportunities in the Bay Area: Leveraging Hong Kong's advantages to contribute to the Bay Area Construction

As one of the central cities in the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong has an irreplaceable role and unique advantages. For example, in terms of basic scientific research, five Hong Kong universities rank among the top 100 in the world. The Hong Kong SAR government has invested heavily in recent years to promote the transformation of basic scientific research results into actual products. Chan Mo-po pointed out that in the development positioning of the Greater Bay Area, technological innovation is one of Hong Kong’s key development directions.

At the same time, as an international financial center, Hong Kong is a good financing and listing platform for mainland enterprises; Hong Kong has a high level of internationalization, which is conducive to attracting international enterprises and talents to Hong Kong; in terms of international trade, Hong Kong can also provide supply chain management, Contribute to trade finance, etc.

"Opportunities are everywhere, and the development of the Guangdong-Hong Kong-Macao Greater Bay Area is very promising!" said Chen Maobo.