BOAO, Hainan – Attendees from Hong Kong and Macau at the annual meeting of the Boao Forum for Asia (BFA) on Tuesday called for technological innovation to spur high-quality development of the city cluster in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).
As one of the core cities in the Greater Bay Area, Hong Kong has strong basic scientific research capabilities and sound financial services, Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor said at a sub-forum of the annual meeting.
After integrating into the development of the Greater Bay Area, Hong Kong can promote high-quality development of the whole region by giving full play to the region’s manufacturing competitiveness and huge market potential, Lam said.
To achieve technological innovation-driven development, the area needs to accelerate the flow of production factors and attract more scientific research staff, Lam said.
Each city should have a reasonable layout and division of labor and plan its own complementary development and win-win results, said Edmund Ho Hau Wah, vice-chairman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC). Ho was the first chief executive of the Macau Special Administrative Region (MSAR), from December 1999 to December 2009.
Ho called for the promotion of industrial innovation through technological innovation, the upgrading of the industrial chain, and the exploration of new cooperation models between Guangdong, Hong Kong and Macau to raise the Greater Bay Area’s integrated development to a higher level.
Macau’s Secretary for Economy and Finance Lei Wai-nong said that Macau could provide legal and business services for the trade in commodities, textiles, and mechanical and electrical products between China and Portuguese-speaking countries.
– Courtesy of China Daily
* Minor edits by The Macau Post Daily
Secretary for Economy and Finance Lei Wai Nong (third from right), Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor and other representatives attend the “Invigorate Development through Vibrant City Clusters: The Guangdong-Hong Kong-Macau Greater Bay Area as a Model” session of the Boao Forum for Asia (BFA) Annual Conference 2021 in Hainan on Tuesday. – GCS
Chief Executive Ho Iat Seng (8th from right) and Chinese People’s Political Consultative Conference (CPPCC) National Committee Vice Chairman Edmund Ho Hau Wah (7th from left) pose with members of Macau’s entrepreneur delegation on the sidelines of the opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2021 in Hainan on Tuesday. Photo: GCS
