Nansha eyeing closer ties with Hong Kong and Macao

In light of the development plan outline released in February for the Guangdong-Hong Kong-Macao Greater Bay Area, Nansha will give full play to its advantages and becomea new district in many respects.

Cai Chaolin, member of the Standing Committee of the CPC Guangzhou Municipal Committee and Party secretary of the CPC Nansha District Committee made the remarks at a recent interview.

Nansha's most distinctive characteristic is openness, which is the lifeline of its development.

It is necessary to give full play to the advantages of the state-level new zone and the pilot free trade zone, strengthen comprehensive cooperation with Hong Kong and Macao, and accelerate the construction of the area responsible for international shipping, finance and technological innovation in the Greater Bay Area, hesaid.

Nansha will strengthen integration with the surrounding areas and build a “half-hour traffic circle”. A comprehensive service base and an international exchange platform for Chinese enterprises will be built to create akey channel for the country’s opening-up in the south.

Innovation is the most essential developmental gene and driving force of Nansha. It will actively promote institutional and technological innovationand strive to build a high-quality development model led by innovation.

Financial servicesare a pivotal function of Nansha. Nansha will actively build an innovative financial services system while encouraging innovation and entrepreneurship, he noted.

Nansha will focus on the development of special financing for shipping, technology, and aircraft and ship leasing, and explore cooperation with Hong Kong and Macao financial institutions to develop offshore finance.

Nansha is striving to build a quality life circle. It will adopt Hong Kong and Macao's advanced urban planning concepts to provide a public service and social management environment that is connected with those cities.

When talking about the detailed measures, Cai said that Nansha will focus on the construction of the Guangdong-Hong Kong In-depthCooperation Industrial Park and the Guangdong-MacaoIndustrial Park for Enterprises from Portuguese-speaking Countries.

The district will strengthen cooperation with industries in Hong Kong and Macao. In addition, a number of policy measures will be launched to support Hong Kong and Macao residents in Nansha and elsewhere on the Chinese mainland.