Beijing rolls out seven key measures to support further integration of Shenzhen, Hong Kong and Macau
- Measures announced by the National Development and Reform Commission come just ahead of third anniversary of blueprint for Greater Bay Area on February 18
- Measures include an ‘insurance connect’ and a plan to develop a number of yuan-denominated data trading exchange marketplaces
Beijing has rolled out a series of new measures to deepen the integration of Shenzhen, Hong Kong and Macau by encouraging more cross-border development in sectors such as insurance, health care, tourism and aviation.
The range of measures, which can be seen as seven major highlights, were announced by the National Development and Reform Commission (NDRC) on Thursday.
A key development is to establish an “insurance-connect scheme” to allow mainlanders who have bought insurance products in Hong Kong and Macau to more easily make claims.
It will include a pilot scheme that will allow mainlanders who go to public hospitals in Shenzhen to opt to use overseas imported drugs, while making health claims with insurers in Hong Kong and Macau.
A related measure is to allow the Shenzhen government to have the power to approve the medical providers in Hong Kong and Macau to operate in the southern Chinese city, while also supporting Shenzhen-based medical organisations to provide services in public hospitals in Hong Kong and Macau.