Creating a world-class business environment in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is crucial for the region's development and will enhance China's economic innovation and competitiveness, an official from China's top economic planner told a press conference on Thursday.

Guangdong province and the Hong Kong Special Administrative Region signed a water supply agreement in the provincial capital Guangzhou on Dec. 27, to ensure a stable, safe and high-quality water supply to Hong Kong over the next three years.

On December 26, the one-stop joint services lanes for passengers and commercial vehicles at Hengqin Port Phase II has been in trial operation for 3 months. Vehicles cleared through the port reached nearly 500,000, a year-on-year increase of approximately 12.6 percent and a quarter-on-quarter increase of approximately 8 percent. The number of vehicles with single license plates exceeded 332,000, accounting for 67.7 percent of the total.

Guangdong held an economic conference on December 29 to review the province's economic work in 2023, and to analyze the current economic situation and arrange for next year's economic work. Top leaders in Guangdong attended the meeting.

Inside the export inspection area at the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge, a 55-kilometer-long mega sea-crossing span in the Guangdong-Hong Kong-Macao Greater Bay Area, intelligent machines are sorting e-commerce goods daily.

The international communication capabilities of Guangdong-Hong Kong-Macao Greater Bay Area (GBA) cities in Guangdong Province are increasing and have been highly recognized by multiple institutions at home and abroad, an analysis report has showed. Additionally, these GBA cities have performed well in terms of international exchange, culture and tourism, and overseas media exposure, as per the report released at the Greater Bay Area International Communication Forum of the fifth World Media Summit in Guangzhou yesterday.

The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is key to investors who seek promising investment opportunities in China, according to Ben Powell, chief investment strategist at BlackRock, the world’s largest asset manager.

Participants of the World University Leadership Summit held yesterday in The Chinese University of Hong Kong, Shenzhen (CUHK-Shenzhen) in Longgang District underscored the critical importance of strengthening collaboration between universities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and global academic institutions.