The 2021 Guangdong-Hong Kong-Macao Greater Bay Area Innovation Economy Summit Forum was grandly unveiled on November 5

The Guangdong-Hong Kong-Macao Greater Bay Area, a major national strategy personally planned, personally deployed and personally promoted by General Secretary Xi Jinping, is writing a new chapter of "one country, two systems" in this fertile land on the South China Sea. In 2021, the development of the Greater Bay Area will be comprehensively upgraded and accelerated. The 3rd Guangdong-Hong Kong-Macao Greater Bay Area Innovation Economy Summit Forum in 2021 will be held on November 5 at Grand Hyatt Shenzhen. The theme of this forum is " New Era, Greater Future: Innovation and Advancement in the Greater Bay Area under the Acceleration of Connectivity.

The Greater Bay Area Forum was initiated and hosted by Southern Finance and Economics All Media Group since 2019, co-sponsored by the People's Government of Luohu District of Shenzhen, co-hosted by the Guangdong Guangdong-Hong Kong-Macao Greater Bay Area Research Institute and 21st Century Business Herald, and invited heavy guests from government agencies, academia, financial circles, industry and other fields. It is worth noting that the third "Guangdong-Hong Kong-Macao Greater Bay Area Innovation Economy Summit Forum" in 2021 will also debut hong Kong's annual financial event "Fintech Week" (HKFW) for the first time, inviting people of insight from all over the world who pay attention to the innovation and development of the Greater Bay Area to discuss the development plan of the Greater Bay Area!

The themes of the forum respectively covered financial connectivity, building an international science and technology innovation center and new opportunities under cross-border wealth management, and the speakers included Xu Zhengyu, Secretary for Financial Affairs and the Treasury of Hong Kong, Wu Shicun, Founding President of the South China Sea Research Institute, Chen Wenling, Chief Economist of China Centre for International Economic Exchanges, Zhou Wenzheng, Chief Fintech Director of the Hong Kong Monetary Authority, Lin Yuandong, Chief Executive Officer of Standard Chartered Bank Greater Bay Area, and other industry leaders, and dozens of heavyweight guests from home and abroad will gather together. Share their thoughts and suggestions on the high-quality development of the Greater Bay Area.

As a new highlight of the economic development of the world bay area, the construction of the Guangdong-Hong Kong-Macao Greater Bay Area is opportune. With the introduction of the two major reform plans of the "Hengqin Guangdong-Macao In-depth Cooperation Zone Construction" and the "Plan for Comprehensively Deepening the Reform and Opening Up of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone", the Guangdong-Hong Kong-Macao Greater Bay Area is bound to carry a new mission and usher in greater development opportunities.

On 10 September 2021, Guangdong, Hong Kong and Macao simultaneously issued the Detailed Rules for the Implementation of the Pilot Business of "Cross-border Wealth Management Connect" in the Guangdong-Hong Kong-Macao Greater Bay Area, and the pilot business of "Cross-border Wealth Management Connect" was officially launched. It has been nearly two years since it was first proposed to the final landing, and it has been nearly two years since the "Cross-border Wealth Management Connect" was officially launched, and major financial institutions have been preparing for a long time. Cross-border Wealth Management Connect is a milestone in the financial development of the Greater Bay Area, an important measure to deepen and expand the interconnection of the financial markets between the Mainland and Hong Kong, and is conducive to the high-quality construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the promotion of national financial development and market opening up.

The pace of high-quality development of the Greater Bay Area is steadily advancing: the digital industry has taken the lead in development, the modern service industry in Hong Kong and Macao and the advanced manufacturing industry in the Pearl River Delta have promoted each other, and the competitiveness of the industry has been continuously enhanced.

From deepening cooperation to mutual benefit and win-win results, the comprehensive strength of the Guangdong-Hong Kong-Macao Greater Bay Area has been significantly enhanced, and the people's sense of gain has been more fulfilled. In 2020, the Greater Bay Area created 12% of the country's total economic output with less than 0.6% of the country's land area. Today, on the shores of the South China Sea and on both sides of the Pearl River, a first-class bay area and world-class city cluster with great vitality and international competitiveness are accelerating.

The construction of the Guangdong-Hong Kong-Macao Greater Bay Area will not only promote the gathering and open sharing of internal resources, but also become an important link connecting China and the world economy.

From industrial pull and financial opening up to regional drive and innovation drive, the Guangdong-Hong Kong-Macao Greater Bay Area will strive to build a model of high-quality development, continue to give play to the advantages of reform and opening up, emancipate the mind, and pioneer and innovate.

Located in one of the regions with the highest degree of openness and the strongest economic vitality in China, the construction of the Guangdong-Hong Kong-Macao Greater Bay Area is based on a new development pattern of "double circulation". The forum will focus on deepening cooperation to mutual benefit and win-win results, adhering to the foundation of "one country", making good use of the benefits of "two systems", and supporting and promoting the better integration of Hong Kong and Macao into the overall situation of national development. From the aspects of top-level design, institutional mechanism innovation, rule convergence, regional cooperation, interconnection, industrial innovation and upgrading, etc., we will explore the development code of the world-class bay area and the investment opportunities contained in it!

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