Business Daily Media
Times Affiliate Marketing


.

Hong Kong outlines strategies for deepening development of the Guangdong-Hong Kong-Macao Greater Bay Area and enhancing green transformation

HONG KONG SAR – Media OutReach Newswire – 22 September 2026 – Hong Kong's Chief Executive John Lee announced the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (HKSAR) (2026-2030) and his fifth Policy Address on September 16, rolling out measures to further sharpen Hong Kong's edge amid global competition, consolidate development of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and promote green transformation.



image-1.jpeg

Initiatives aim to support high-quality development of the GBA, align rules and mechanisms within the region, and promote cross-boundary collaboration.

"The HKSAR Government will continue its efforts in fostering synergistic development of the GBA," said Mr Lee. "We will strengthen co‑operation in technological innovation, promote 'hard connectivity' in infrastructure, foster 'soft connectivity' by deepening the alignment of rules and mechanisms, and achieve 'connectivity of hearts' among residents of the three places."

The HKSAR Government will continue to actively participate in the development of the various major co-operation platforms, including Qianhai of Shenzhen, Nansha of Guangzhou, Hengqin of Zhuhai and the Hetao Shenzhen-Hong Kong Co-operation Zone, to promote mutual benefits.

In terms of "hard connectivity" the HKSAR Government will support Nansha in its role as a high‑standard gateway for opening up, including encouraging the trade to participate in Nansha's infrastructure development.

"To promote the co‑ordinated development of rail transit in Guangdong, Hong Kong and Macao, we are pressing ahead with the Northern Link Project and the Hong Kong‑Shenzhen Western Rail Link (Hung Shui Kiu‑Qianhai), with target commissioning in 2034 and 2035 respectively, to fully connect the rail transit networks of Hong Kong and Shenzhen," Mr Lee said.

Regarding "soft connectivity", Mr Lee said the HKSAR Government will set up a Task Force to explore ways to advance the alignment of rules and mechanisms within the GBA.

To achieve "Connectivity of Hearts" among residents across the GBA, Hong Kong will strengthen co-operation between its higher education institutions and those in other GBA cities by establishing cross‑disciplinary partnerships, facilitating scientific research, knowledge transfer, and commercialisation, with a view to promoting high‑level research.

Hong Kong's Secretary for Constitutional and Mainland Affairs, Janice Tse, noted that the First Five-Year Plan clearly states that Hong Kong will participate in the development of the GBA into an international first‑class bay area and a world‑class city cluster with global influence.

"Hong Kong will forge closer alignment and synergy with the nine GBA cities in Guangdong Province and Macao, making full use of our respective advantages to jointly promote the high-quality development of the GBA," Miss Tse said.

To foster financial development in the GBA, Hong Kong will continue to capitalise on institutional innovation, financial infrastructure upgrading and enhanced regulatory alignment to encourage the orderly flow of financial elements among GBA cities.

The Hong Kong Exchanges and Clearing Limited's Core Climate, in collaboration with the Guangzhou Power Exchange Centre, is working towards the pilot trading of national renewable‑energy, green electricity certificates in Hong Kong in 2026.

"On connecting the Chinese Mainland and the world, the HKSAR Government will continue to support green technology development through the HK$400 million (aboutUS$51 million) Green Tech Fund, leveraging Hong Kong's function as a springboard for green technology and assisting national green technologies and products in going global," said Hong Kong'sSecretary for Environment and Ecology, Tse Chin-wan. "On the development of hydrogen energy, we have participated in drafting national hydrogen energy standards with a view to helping these standards align with international practice."

To meet the country's "dual carbon" targets and fulfil Hong Kong's commitment to achieving carbon neutrality before 2050, the HKSAR Government steered the establishment of a production base for sustainable aviation fuel (SAF) in Dongguan, leveraging the leading position of Hong Kong enterprises in the international SAF industry.

"By combining technology strengths with industrial foundation, Hong Kong and Guangdong will jointly develop a globally influential green industry," Mr Lee said.

The HKSAR Government will take forward the construction of an SAF blending facility in Hong Kong to build an end‑to‑end SAF value chain and reduce logistics costs to make SAF prices more competitive. The target is to achieve an SAF consumption ratio of 1% to 3% for flights departing from Hong Kong International Airport in 2030.

Hong Kong's Five-Year Plan promotes the integrated development of culture, sports, and tourism, to develop the GBA into a cultured bay area.

Under the strategic framework of the Agreement on Strengthening of Sports Cooperation and Promotion of Integrated Development, Hong Kong will deepen co-operation, and strive to co‑organise important regional and international single‑sport events. It will also strengthen cultural exchanges, pass on Cantonese opera and the characteristics of Lingnan culture, and promote the sales and cross‑boundary exhibition of Hong Kong publications.






Hashtag: #HongKong #PolicyAddress #First5YearPlan #GBA #Green #Transformation






The issuer is solely responsible for the content of this announcement.

News from Asia

Andamanda Phuket: A Must-Visit Water Park for Family Holiday

36 slide lanes, family splash zones and time to unwind at The Great Water Kingdom, with internationally trained lifeguards and recognition from Trip.com and Tripadvisor.PHUKET, THAILAND - Media Ou...

Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It

At just 20, Kimi Antonelli becomes the youngest-ever Formula 1® World Champion. STING Energy Boost™ celebrates the energy behind the championship: the fans who backed Kimi through...

Bourbon Princess Joins French Royal-Level Skincare Brand PinkPrincess for Global Debut

PARIS, FRANCE – Media OutReach Newswire – 5 November 2026 – French luxury skincare brand PinkPrincess today announced its official international launch, alongside the debut of a new precision-car...

From Aba to Paris: Hearth Light Opens a New Chapter in International Intangible Cultural Heritage Exchange

PARIS, FRANCE – Media OutReach Newswire – 5 November 2026 – The 31st International Heritage Fair was held from October 29 to November 1, 2026, at the Carrousel du Louvre in Paris, France...

LINE OpenChat Introduces New Community Discovery Experience on LINE App’s Third Tab, Reaching 24 Million Monthly Active Users in Thailand

BANGKOK, THAILAND – Media OutReach Newswire – 5 November 2026 – LINE Thailand has announced strong growth in LINE OpenChat, with monthly active users (MAU) reaching 24 million, up from 20 million ...

After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire – 5 November 2026 – Skyro, a high-growth digital finance group that reached operational break-even in the Philippines just over three years after l...

Over 40% of Hong Kong Women Fall Below Well-being Benchmark - Mannings Wellness for Women x YWCA GenSHE to Bring Women’s Wellness Support into the Community

More than 20 outreach activities over the coming year will support women who are “too busy to care for themselves” HONG KONG SAR – Media OutReach Newswire – 5 November 2026 – Hong Kong women j...

Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region

Several report full or near-full cage-free egg sourcing in all or part of Europe or North America. Their own reports show far lower figures, or none, for Asia. BANGKOK, THAILAND – Media OutRea...

UstarPay announces custody arrangement with BitGo Bank & Trust for Real-World Crypto Payments

HONG KONG SAR – Media OutReach Newswire – 5 November 2026 – As digital assets move from investment holdings into everyday payment scenarios, the industry is entering a new stage of adoption...

CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the "AI and Cybersecurity Research Centre"

HONG KONG SAR – Media OutReach Newswire – 5 November 2026 – CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance Limited (GCSA) announced a partnership to establish the "AI and Cy...

Why the secrecy around car insurance?

Every year, millions of Australians receive their car insurance renewal and promise themselves they’ll look at it properly later. Then life gets in ...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...