Greater Bay Area a boon for Macao
The outline development plan for Guangdong-Hong Kong-Macao Greater Bay Area, released recently by the Communist Party of China Central Committee and the State Council, China's Cabinet, indicates the GBA is set to step into a new era of rapid integrative development.
Addressing the importance of coordinated development across regions while delivering the Government Work Report to the national legislature on March 5, Premier Li Keqiang said that "in developing the Guangdong-Hong Kong-Macao Greater Bay Area, we will work to ensure the implementation of plans, achieving compatibility between each region's rules, and facilitating flows of factors of production and the movement of people".
And at his meeting with Macao Chief Executive Fernando Chui Sai-on, last year, President Xi Jinping said the Macao Special Administrative Region should be incorporated into the country's general development plan to expand Macao's development space and cultivate new driving forces, as well as to celebrate the 20th anniversary of Macao's return to the motherland in 2019 with new development achievements.