Chief Executive Fernando Chui Sai On said yesterday that Macau will adapt a “two-pronged” approach to increase its own capacity and strengthen regional cooperation as a key approach to ensuring sustainable development.
Chui made the remarks in his keynote speech at the Symposium on the Outline Development Plan for the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) at Hong Kong Ocean Park Marriott Hotel in Hong Kong yesterday.
The local governments of Hong Kong, Guangdong and Macau co-hosted the half-day symposium which also included a senior representative of the Department of Regional Economy of the National Development and Reform Commission (NDRC). The leaders of the three local governments and the NDRC representative as well as a senior official of the Office of the Leading Group for the Development of the Guangdong-Hong Kong-Macau Greater Bay area addressed the symposium which was attended by hundreds of government officials, community leaders, businesspeople and journalists.
In his speech Chui said that the dissemination of the Planning Guidelines for the Development of the Guangdong- Hong Kong-Macau Greater Bay Area was a “magnificent” undertaking for the future that has clarified the direction and content of the development of the Greater Bay Area, apart from also establishing new models of regional cooperation.
Chui said that the “biggest difference” in the nation’s GBA project compared to its counterparts overseas was the model of “One Country, Two Systems”, which he described as its “biggest advantage”.
As one of the central cities of the GBA, Chui said that Macau was now actively organising, articulating and accelerating all its GBA-related activities and also fully promoting the institutional advantage of the principle of “One Country, Two Systems” and the values of patriotism and loving Macau so that local people will be able to participate fully in the GBA development.
5 key elements
Chui mentioned five key elements for Macau’s active participation in the GBA development.
Two-pronged policy
Chui said that Macau would continue to adopt a “two-pronged” policy to increase its own capacity and strengthen regional cooperation as a key approach to achieving sustainable development. In accordance with the planning guidelines for the GBA development, Chui said that Macau would continue to maximise its advantages as a world tourism and leisure centre as well as a service platform for business cooperation between China and Portuguese-speaking countries, with the aim of promoting the development and “good performance” of new industries and accelerating the development of adequate diversification of Macau’s economy.
Chief Executive Fernando Chui Sai On addresses yesterday’s GBA symposium in Hong Kong. Photo: GCS
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