Swire Group

Executive Summary

Following on its debut in the Government Work Report and being officially uplifted onto a national strategy in March 2017, the construction of Greater Bay Area has just made another key stride. On 18th February 2019, the much anticipated Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area (“The Plan”) was released by the Central Committee of the Communist Party of China and the State Council. The Plan outlines the overall design for the future development of the Greater Bay Area, defines the five strategic positionings of the region, and sets a clear short-term development objective from now till 2022 and a long-term outlook till 2035.

The Swire Group has been in China for over 150 years and has for more than a century been deeply engaged in the Greater Bay Area. It opened its Hong Kong office as early as 1870, and its earliest investment in Guangdong province was in 1882 when its Shantou office opened. We have faith in the great potential of the Greater Bay Area and believe that Hong Kong will fully seize the opportunities and strive for integrating into the overall development of the nation.

Based on the Outline Development Plan, this paper is to set out some of our thoughts and suggestions from a business point of view, which we hope would help authorities concerned with the policymaking.

Download the full report：Policy Suggestions on the Development of the Guangdong-Hong Kong-Macao Greater Bay Area