Beijing approves blueprint for ‘Greater Bay Area’ to rival Silicon Valley with document expected to be released on February 21
- Hong Kong will be positioned as a leading finance platform due to its strengths as a global financial centre
Beijing has just approved a much-awaited blueprint to create an IT-led economic powerhouse in southern China after ironing out intricate competition and technical issues, and will unveil it in late February, the Post has learned.
“No party or agenda, including even environmental protection, will be left behind by this all-inclusive blueprint,” the official said.
Another source said the details were expected to be disclosed on February 21, barring unforeseen circumstances, or before the start of the annual sessions of China’s top legislative and advisory bodies, known as the Two Sessions, on March 5.
Hong Kong and Macau Affairs Office director Zhang Xiaoming revealed on Saturday night that the blueprint had been completed as “big progress” was made last year.