Development of Tai Wan District Helps Solve Hong Kong Problems

After the “two sessions” in the country, the development of Guangdong, Hong Kong, and Macau in the Greater Bay Area became the focus. At the Boao Forum for Asia in Hainan last week, the speech of the Chief Executive Lam Yuet-sun and the Governor of Guangdong, Ma Xingrui, attracted particular attention. It can be seen from this that the development of the Dawan District can be seen. Helping Hong Kong to integrate into the country’s development has become the country’s main idea for solving Hong Kong’s problems. The future Hong Kong issue will be dealt with in a wider region like the Great Bay Area. Then Hong Kong is currently facing some seemingly difficult problems. It may be resolved by then. If Hong Kong can successfully integrate into the Greater Bay Area, it will usher in new developments.

Boao speech attracts attention

Last Monday (April 9th) at the Boao Forum for Asia, Lin Zhengyue stated at the Guangdong, Hong Kong, and Macao Bay Area Forum that development in the Greater Bay Area could solve the lack of land and human resources in Hong Kong. Ma Xingrui also proposed on the same occasion to enhance the six aspects of Guangdong-Hong Kong-Macao cooperation:

The first is to speed up the establishment of a coordinating agency for the construction of the Dawan District and establish a three-region cooperation mechanism with close links, efficient communication, and strong coordination. The second is to crack down on the “one country, two systems" institutional barriers and give full play to their respective advantages. The third is to deepen investment facilitation and smooth the flow of people, logistics and information flow in the three places. The fourth is to build a world-class port group and airport group, focus on international and domestic innovation resources, enhance the transformation of scientific and technological achievements, and build an international technology innovation center with global influence. The fifth is to strengthen cooperation in the fields of education and medical personnel, social security, and ecology to promote the convenience of studying and employment in Hong Kong and Macao residents in the Mainland, and to build a quality living circle suitable for living and traveling. Sixth, it is necessary to jointly participate in the construction of the “One Belt and One Road” program, benchmarking the internationally accepted rules, creating a globally competitive business environment, and nurturing new advantages in international cooperation.

The information released by the heads of government of the two regions on this important international political and economic occasion can be said to be very important. It is worthwhile for the public to read it carefully. In the 20 years since the return of Hong Kong, although the economy and society have been able to develop steadily, there have been some obstacles to the development of economic and people’s livelihood. In terms of economy, lack of land, lack of talents, and the increasingly simplistic economy, insufficient incentives for science and technology, and innovation; in terms of social and people’s livelihood, the same problems faced by inadequate supply of residential housing include polarization between the rich and the poor, aging population, and young people. Lack of opportunities for upward mobility.

These problems alone seem to be very difficult for Hong Kong. Some problems have not been able to find a way out for many years. Several chief executives have made various efforts and have made no breakthrough progress. It seems that housing problems, youth issues, etc. There is no way to solve the problem.

According to Ma Xingrui’s speech in Boao, the Central Government’s development strategy in the Greater Bay Area focuses on the word “melt”. It is necessary to assist Hong Kong’s integration into the development of the Dawan District. The six-party cooperation he proposed is also mainly from the policy perspective. The demolition of the wall to facilitate the integration of Hong Kong into the Greater Bay Area, rather than facilitating the development of personnel and funds in the Mainland, is quite different from the past.

Hong Kong Green can expand its footing in Guangdong

From the perspective of social development, the fifth point proposed by Governor Ma is particularly important. That is to say, the future direction of cooperation is to provide the Guangdong Provincial Government with a convenient policy to enable Hong Kong citizens to conveniently live and work in Guangdong Province. Studying and learning in Guangdong Province can also enjoy quality education, medical care and social security.

If this policy can be implemented, then if Hong Kong young people in the future fail to find a better development in the local area, they can flex their muscles in the neighboring cities of the Greater Bay Area. Some future youth problems that Hong Kong cannot solve will be placed in the future. The Greater Bay Area will be resolved. In the past, many young people in Hong Kong often complained that in Hong Kong, only industries related to finance and real estate can have room for development. Many outstanding young people, after graduating, have gone to the community and will eventually only be able to engage in promotions no matter what subjects they study. Staff, waiters in restaurants, etc., are unlikely to have good prospects for development. In the future, if young people have more convenient policies for employment in the Greater Bay Area, then more Hong Kong young people will find better development opportunities in the Greater Bay Area than Hong Kong, and there will be more opportunities for upstream.

The aging of the population has also been a problem that has plagued Hong Kong’s social development. Although in the past some people proposed the proposal to support the elderly, they have always faced two difficulties. One is the issue of social welfare. When elderly people in Hong Kong go to the Mainland to support their old age and fail to receive social benefits in Hong Kong, they are also unable to benefit from the welfare of the elderly in the Mainland. Later, the SAR Government introduced the Guangdong plan and the Fujian plan to solve some problems, but still Failure to fundamentally solve the problem, the incompatibility of welfare policies is still an obstacle to northward support for the elderly; the second is medical problems. Hong Kong elders can enjoy free public medical services locally, and Guangdong and Fujian cannot enjoy public medical benefits in the Mainland. In the future, the Dawan District can solve the problems of medical care and welfare. Then the elderly will be very convenient to go northward to get a pension.

From the perspective of economic development, the future development of the Greater Bay Area will combine the various advantages of Guangdong, Hong Kong, and Macao, divide labor and cooperation, develop their own advantages, and jointly improve the overall competitiveness. It can be foreseen that Hong Kong in the future can use the strength of the Greater Bay Area to better develop technology and innovate in a new economy. The economy is more diversified and worth the wait.

The development of the Tai Wan District is very important for the future of Hong Kong. Members of the Legislative Council this weekend will depart for investigation and exchanges in the Greater Bay Area. This is a rare opportunity. We hope that lawmakers will perform their functions conscientiously, put down political prejudices, and do not engage in political show. Hong Kong’s future development will explore new directions for development.