HK must play bigger role in Greater Bay Area

Editor's Note: On Feb 18, the Central Committee of the Communist Party of China, and the State Council, China's Cabinet, jointly issued an outline of the development plan for the Guangdong-Hong Kong-Macao Greater Bay Area, elevating the area's development to the level of national strategy. A Liaowang Institute article comments:

The Greater Bay Area, comprising nine cities in the Pearl River Delta region as well as the Hong Kong and Macao special administrative regions, has promoted mutually complementary development since the launch of reform and opening-up. In the early years of reform and opening-up, Hong Kong played a very important role in introducing capital, advanced technologies and managerial expertise to the Chinese mainland to help the latter build an export-oriented economy.

And the recent guidance of the State Council on supporting Shenzhen in building a demonstration pilot zone for socialism with Chinese characteristics will further boost the development of the GBA.