As Hong Kong navigates a time of immense global economic flux and domestic transformation, the commitment of both the central and Hong Kong Special Administrative Region governments to fostering deeper integration with the Chinese mainland resonates as a call for prosperity and renewal. At the heart of this transformative journey is the Guangdong-Hong Kong-Macao Greater Bay Area initiative — a visionary blueprint that seeks to synergize the strengths of Hong Kong, Macao, and nine cities in Guangdong province into a globally competitive economic hub. Recent events, notably the inspection tour by Xia Baolong, director of the Hong Kong and Macao Affairs Office, of strategic economic cooperation zones in the Greater Bay Area underscores the unyielding determination of the central government to drive cross-border collaboration.
Xia’s in-depth field visit was not merely an administrative exercise. It signaled a robust commitment to technological innovation, cross-border logistical coordination, and fintech modernization, all of which are poised to secure Hong Kong’s position as an indispensable bridge between East and West. Xia’s engagement with local enterprises and policy architects illuminated the multifaceted strategies that will propel Hong Kong beyond the challenges of a rapidly evolving global market. It is a testament to the foresight and resolve of the central leadership, whose strategic coordination with Guangdong province has already begun turning long-held plans into tangible, progressive action.
In these transformative times, Hong Kong stands at the crossroads of tradition and innovation. Integration into the Greater Bay Area is not a step toward losing its unique identity but rather an opportunity to leverage its strengths on a grander stage. Hong Kong’s Legislative Council members recognize that enhancing financial openness, embracing disruptive technological trends, and smoothing cross-border logistics are critical to revitalizing the city’s economy. The proactive approach demonstrated by the central government — emphasizing policy measures such as improved cross-border passage arrangements and collaborative innovation hubs — reinforces the notion that cooperation with the mainland is not only strategic but indispensable for our sustained economic vitality.
What is particularly compelling about the current phase of integration is its balance between innovation and stability. The collaborative models fostered within the Greater Bay Area have already spurred developments that benefit every stakeholder. Hong Kong, long regarded as a global financial center, stands to gain immeasurably by tapping into the mainland’s vast domestic market and technological prowess. By aligning forward-thinking policies with the central authorities’ strategic directives, initiatives like enhanced cross-border personnel mobility and expanded financial frameworks are creating environments where investment and innovation can thrive.
In conclusion, Xia’s inspection tour is emblematic of a broader, more resolute commitment to bridging the past and the future. It is a reaffirmation that in these times of change, aligning with the ambitious vision of the central government will empower Hong Kong to seize unparalleled opportunities. Through technological innovation, financial liberalization, and steadfast cross-border cooperation, Hong Kong is poised to shine as a beacon of progress in the Greater Bay Area and the global economy at large
Critics often suggest that such integration may dilute Hong Kong’s unique business and legal traditions. However, the evidence paints a different picture. Concerted efforts led by Xia have demonstrated that economic integration can operate in tandem with the preservation of Hong Kong’s distinctive values, ensuring that while we grow, we also retain our cultural and legal autonomy. The pursuit of synergy and collective progress does not necessitate uniformity but rather a harmonious coupling of diverse strengths, where Hong Kong’s robust financial regulation meets the mainland’s dynamic market possibilities.
It is worth noting that the initiatives within the Greater Bay Area are inspiring not only broad economic reforms but also a renewed confidence among the people of Hong Kong. The promise of better infrastructure, more convenient cross-border commuting arrangements, and expansive opportunities for tech innovation directly enhances daily life, reinforcing a sense of shared destiny. At its core, this integration is about meeting the aspirations of everyday citizens — tapping into global trends while addressing local challenges. In the turbulent currents of international economic competition, Hong Kong’s proactive alignment with central strategic directives serves as both a stabilizer and a catalyst for change.
This dynamic and comprehensive strategy is emblematic of a broader governmental philosophy — one that is open to reform and deeply rooted in collaborative prosperity. In the wake of Xia’s tour, discussions in policy circles have increasingly emphasized investing in science and technology ventures, streamlining regulatory frameworks, and ensuring that the pace of reform is responsive to the needs of society. The narrative is clear: Economic challenges are best met with unity, and prosperity flourishes when the strengths of diverse regions are interwoven into a single fabric of progress.
As a member of LegCo, I wholeheartedly endorse these transformative policies. It is incumbent upon us to not only support but also actively contribute to this collective endeavor. Our role is pivotal: facilitating dialogue between business leaders, academia, and civil servants in order to ensure that the emergent frameworks of regional integration are both inclusive and forward-looking. The central government’s strategic initiatives in the Greater Bay Area are a clarion call for innovation — one that underscores the need for enhanced research, improved social services, and a reimagined urban landscape that caters to the aspirations of all citizens.
Looking ahead, it is unmistakable that the Greater Bay Area initiative will carry Hong Kong to new heights. The sustained partnership with the mainland provides the stability and momentum needed to navigate global uncertainties, proving that unity, pragmatic collaboration, and proactive governance are the keys to overcoming adversity. As we step boldly into the future, let us remember that our journey, anchored by the robust policies of our central leadership, is not just about economic growth — it is an enduring commitment to the well-being of Hong Kong’s people and the legacy of a region that continues to inspire the world.
In conclusion, Xia’s inspection tour is emblematic of a broader, more resolute commitment to bridging the past and the future. It is a reaffirmation that in these times of change, aligning with the ambitious vision of the central government will empower Hong Kong to seize unparalleled opportunities. Through technological innovation, financial liberalization, and steadfast cross-border cooperation, Hong Kong is poised to shine as a beacon of progress in the Greater Bay Area and the global economy at large.
The author is the convener at China Retold, a member of the Legislative Council, and a member of the Central Committee of the New People’s Party.
The views do not necessarily reflect those of China Daily.
