Since the announcement of the Outline of the Development Plan of Guangdong-Hong Kong-Macao Greater Bay Area in February 2019, the construction of Guangdong-Hong Kong-Macao Greater Bay Area has surged with fervor, significantly enhanced its comprehensive strength, made significant progress and achieved remarkable results in collaborative innovation, industrial collaboration, infrastructure interconnection and major cooperation platform construction, and continuously marched toward the goal of an international first-class bay area and world-class city cluster.


Recently, the State Council issued the "Overall Plan for Guangzhou Nansha to Deepen Comprehensive Cooperation among Guangdong, Hong Kong and Macao for the World" (hereinafter referred to as the "Overall Plan"), adding new momentum to the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area. The Master Plan specifies the guiding ideology, spatial layout, development goals, major tasks and safeguard measures to accelerate the construction of the major cooperation platform of Guangdong, Hong Kong and Macao in Nansha, Guangzhou, and supports the deepening of comprehensive cooperation among Guangdong, Hong Kong and Macao with more comprehensive, stronger and more precise measures.


Nansha is a major cooperation platform in the Greater Bay Area

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Experts generally said that accelerating the construction of the major cooperation platform of Guangdong, Hong Kong and Macao in Nansha, Guangzhou, is a strategic deployment to implement the Outline of the Development Plan of Guangdong, Hong Kong and Macao Greater Bay Area, an important initiative to build a high-level opening gateway to the outside world, promote innovative development and create a quality living circle, which is of great significance to promote the construction of Guangdong, Hong Kong and Macao Greater Bay Area to make new and greater progress, and support and promote better integration of Hong Kong and Macao into the overall development of the country .


"The Outline of the Guangdong-Hong Kong-Macao Greater Bay Area Development Plan specifically proposes three major cooperation platforms, namely Qianhai in Shenzhen, Nansha in Guangzhou and Hengqin in Zhuhai, of which the proposals for Qianhai and Hengqin were introduced last year, and the proposal for Nansha was not released until June this year, which was late, but there were also surprises." Zhu Yu, a researcher at the China Institute of New Urbanization at Tsinghua University, said in an interview with China Trade Daily that the policy on corporate income tax, which Nansha has been calling for more than a decade, has finally landed. The General Plan specifies that corporate income tax will be levied at a reduced rate of 15% on enterprises in the encouraged industries in the three blocks of Nansha Bay, Qingsheng Hub and Nansha Hub, which are the early start-up areas, and a preferential industrial directory will be formulated according to the procedures, which is a major breakthrough.


Xie Jiasheng, executive president of Guangdong Medical Valley Industrial Park Investment Management Co., Ltd. said that our enterprises are very excited to hear this exciting good news. "The reduction of corporate income tax rate from 25% to 15% for encouraged industries is a real tax reduction bonus for us, and the confidence and bottom line of enterprises rooted in Nansha's development is stronger."


Zhu Yu told reporters that Nansha has many advantages in the cooperation of Guangdong, Hong Kong and Macao in the Greater Bay Area. One is the spatial advantage. Nansha District, with a total area of about 803 square kilometers, was not the center of development in Guangzhou before, so it currently has a relatively abundant space reserve and is in a position to carry out high-standard and high starting point planning. The second is the advantage of transportation hub. Nansha port is now the main port of Guangzhou, and all three early start areas have large integrated transportation hubs, such as Qingsheng with a high-speed railroad station, Nansha hub block will build Nansha station in the future, and the Shen Mao Railway and Nansha Port Railway will pass through. "The positioning of Nansha is a comprehensive cooperation of Guangdong, Hong Kong and Macao for the world. Hengqin is close to Macau, Qianhai is close to Hong Kong, and Nansha is impartial and in the geometric center, which, in comparison, highlights the comprehensive cooperation with Hong Kong and Macao even more."


Strengthen the scientific and technological innovation capacity of Guangdong, Hong Kong and Macao


"In the Outline of the Guangdong-Hong Kong-Macao Greater Bay Area Development Plan, there are five national positions for the Guangdong-Hong Kong-Macao Greater Bay Area, and the international science and technology innovation center is one of them, and science and technology innovation is a core source of competitiveness for the future development of the Guangdong-Hong Kong-Macao Greater Bay Area." Zhu Yu said that Guangdong has a strong manufacturing base and an extremely strong industrial supporting capability, forming a very closely connected supply chain network, but the technological innovation capability, especially basic research and original innovation, is insufficient and internationalization is not enough. The main advantage of Hong Kong and Macau is the high degree of internationalization, its business environment, management system and international highly integrated, especially in international exchanges, is a very important hub node to the world, but there is a problem of industrial "hollowing out", just complementary to the advantages of Guangdong.


The "Overall Plan" clearly proposes to promote Nansha to deepen the comprehensive cooperation among Guangdong, Hong Kong and Macao, and the construction of science and technology innovation industrial cooperation base is one of the main tasks, specifically including strengthening the joint innovation of science and technology of Guangdong, Hong Kong and Macao, creating a major science and technology innovation platform, cultivating and developing high-tech industries, and promoting the internationalization of high-end talent gathering. In the cultivation and development of high-tech industries, the "overall plan" emphasizes the development of intelligent manufacturing, accelerate the construction of a number of intelligent manufacturing platform; promote the construction of specialized robotics innovation center, promote the development of unmanned aircraft, unmanned boats and other unmanned systems industry; play the role of the national Internet of Things public identification management service platform, promote the Internet of Things, cloud computing and other emerging industries clustered development; promote combustible ice, marine biological resources It also promotes the development and application of comprehensive development technology of combustible ice and marine biological resources, and promotes the industrialization of energy technology such as marine energy generation equipment and advanced energy storage technology.

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At present, Nansha's science and technology innovation has already taken off, and on May 27, the artificial intelligence company Cloud Technology was listed on the SSE, which is the first science and technology innovation board enterprise cultivated in Nansha; on June 1, Zhongke Aerospace Exploration Technology Co. This is the first major project signed in Nansha after the release of the Master Plan. According to the investment agreement, Rongjie Investment Holding Group Co., Ltd. will focus on the layout of advanced manufacturing, new energy and other high-tech industries in Nansha.


Relevant experts said that the "Overall Plan" also emphasizes the function of Nansha as a gateway hub for opening up to the outside world, and specific initiatives include building a comprehensive service base for Chinese enterprises to "go global", enhancing the function of an international shipping and logistics hub, and building a new platform for international exchanges, which will help Nansha join hands with Hong Kong and Macao to build a high-level gateway for opening up to the outside world and make a contribution to This will help Nansha, together with Hong Kong and Macao, to build a high-level opening gateway to the outside world and make positive contributions to accelerate the construction of a new development pattern.


In order to better play the leading role of Nansha in the construction of Guangdong-Hong Kong-Macao Greater Bay Area, Zhu Yu suggested that, on the one hand, the policy coordination mechanism needs breakthrough and innovation. For example, in Nansha, the most efficient method of cooperation affairs involving Hong Kong and Macao should be coordinated directly by the functional departments of Nansha or Guangzhou with the functional departments of Hong Kong and Macao, but at present, it is mainly a vertical coordination mechanism, that is, the functional departments of Nansha first go through Guangzhou to Guangdong Province, then to the Hong Kong and Macao Affairs Office of the State Council, and then the Hong Kong and Macao Affairs Office of the State Council coordinates and communicates with the functional departments of Hong Kong and Macao, which is relatively costly. On the other hand, Nansha needs to speed up the establishment of port clearance cooperation mechanism, simplify the customs clearance procedures and flow of people and logistics, etc., and implement the comprehensive cooperation with Hong Kong and Macao more efficiently.


Translated with www.DeepL.com/Translator (free version)