HK and Guangdong sign cooperative agreement

HONG KONG - Donald Tsang, chief executive of Hong Kong, and Huang Huahua, governor of Guangdong province, signed the first framework agreement on Hong Kong-Guangdong cooperation in Beijing on Wednesday in the presence of Vice-President Xi Jinping.

At the ceremony, Tsang said the agreement is the first on Hong Kong-Guangdong cooperation ever endorsed by the State Council and signed by the two local governments since the Hong Kong-Guangdong Cooperation Joint Conference was founded in 1998.

He described the agreement as "the key to the door of development" and hoped the measures would be included in the country's 12th Five Year Plan (2011-2015).