President Xi Jinping on Saturday attended the signing ceremony of a framework agreement on the development of the Guangdong-Hong Kong-Macao Greater Bay Area.
With the support of the Central Government, Guangdong Province, Hong Kong and Macao will make joint efforts to improve their collaboration mechanisms and facilitate win-win cooperation, according to the agreement.
All sides will deepen cooperation to build the bay area into a more dynamic economic zone that is suitable for living, doing business and traveling, said the agreement, noting it will become a first-class bay area and city cluster in the world.
According to the Central Government’s annual work report in 2017, China is planning to develop a city cluster in the Greater Bay Area, which plays to the distinctive strengths of Hong Kong and Macao, and elevates their positions and roles in the mainland’s development and opening-up drive.
The bay area will include Hong Kong, Macao and nine cities in Guangdong Province, namely Shenzhen, Dongguan, Foshan, Guangzhou, Huizhou, Jiangmen, Zhaoqing, Zhongshan and Zhuhai.