Budget Speech

Guangdong-Hong Kong-Macao Greater Bay Area

69. As mentioned earlier, the GBA is the best entry point for Hong Kong to participate in the domestic circulation of our country's economy.  Be it for the mutual market access for financial services and products, cooperation and collaboration in respect of innovation and technology, or people's stay and living across the boundary, continued innovation in institutional and policy arrangement is needed so as to ensure a smoother two-way flow of funds, people and factors of production.  The Guangdong-Hong Kong-Macao Greater Bay Area Development Office has been set up to strengthen the planning, coordination and promotion of the various policies and measures relating to GBA development, and enhance the community's understanding of GBA development.  The Government also helps Hong Kong's businesses and youths to grasp the opportunities arising from GBA development through various schemes.