In the Hong Kong Hetao area near the Shenzhen River, construction workers and several tower cranes are busy and busy. The earliest buildings to start construction in the Hong Kong campus of the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone are about to be completed one after another. This is the key area for an ambitious development plan in the northern metropolitan area. Entering 2024, the construction of the northern metropolitan area is gradually accelerating. This plan, which undertakes an important driving force for Hong Kong's future development, is striving to create new opportunities, realize a beautiful vision, and make Hong Kong more closely integrated into the overall development of the country. Beidou has pressed the "acceleration button" to build the northern part of Hong Kong into a livable, business friendly, and tourist friendly metropolitan area, to establish an international innovation and technology center, and to create a unique urban landscape that combines urban and rural development with conservation, comparable to the Victoria Harbour metropolitan area marked by an international financial center - this is the long-term vision of Hong Kong's proposal to build Beidou in 2021. Over the past three years, after continuous adjustments and planning, the development of Beidu is now pressing the "acceleration button". Not long ago, under the leadership of the SAR government, 85 enterprises signed a letter of intent to support and participate in the development of the northern metropolitan area, and 35 enterprises signed 32 agreements to participate in the development of the northern metropolitan area, with a total amount exceeding HKD 100 billion. The Hong Kong business community sees a very comprehensive development blueprint After conducting on-site inspections to understand the overall planning and on-site construction situation of the northern metropolitan area, Huang Yongguang, Vice Chairman of Xinhe Group, said, "The development of the northern metropolitan area is far sighted and has enormous potential. The group is full of confidence in this and the Hong Kong economy, and will fully support it." In fact, by establishing a "special team for coordinating the development strategy of the northern metropolitan area," we will strengthen communication and cooperation between Hong Kong and the mainland; By proposing the Northern Metropolis Plan with "industry driven, infrastructure first" as the main axis, it has become an important node for Hong Kong to integrate into the overall development of the country; In October of this year, the Chief Executive of the Hong Kong Special Administrative Region, Carrie Lam, proposed in the 2024 Policy Address that the SAR government would accelerate the promotion of projects related to economic and housing development in the northern metropolitan area while maintaining stable public finances. The northern region will gradually enter the harvest period... Since taking office, the construction of the northern region has continued to accelerate. According to relevant plans, about 60000 housing units will be completed in Beidu in the next 5 years, and the first batch of land in Xintian Science and Technology City will be put on the market. This will greatly drive economic development, promote the development of research and technology industries, and provide a better living environment. The development plan for the northern metropolitan area covers the next 20 years and will provide unprecedented huge development opportunities for various industries Cai Guanshen, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and President of the Hong Kong Chinese General Chamber of Commerce, said. The northern metropolitan area, which accounts for about one-third of Hong Kong's total area, is seen as a new engine for solving livelihood problems such as housing, healthcare, employment, and youth development in Hong Kong. In the era of governance and prosperity in Hong Kong, the bright prospects of the northern metropolitan area have attracted many people's attention to "look north". It is understood that the SAR government will seek funding for the first phase of the infrastructure project of Xintian Science and Technology City, striving to gradually launch about 20 hectares of new technology land from 2026 to 2027. In the future, the newly completed housing units in the northern metropolitan area will increase by about 150000, with a total floor area of over 10 million square meters for economic purposes. The northern metropolitan area plays an important role in promoting Hong Kong's innovation and technology industry, building a regional education hub, promoting the integrated development of Shenzhen and Hong Kong, and even improving the living conditions of Hong Kong people. It deserves the concerted support of all sectors of society Chen Zhihao, a member of the National Hong Kong and Macao Research Association, said. On November 29th, Bank of China (Hong Kong) Limited signed intention to cooperate agreements with 9 companies, with an intention to cooperate amount exceeding HKD 20 billion. Bank of China Group has formulated and issued the "Comprehensive Financial Service Plan for the Northern Metropolitan Area of Hong Kong" in 2022. The company will cooperate with the SAR government to increase investment promotion efforts and provide high-quality financial services for investment and development in the northern metropolitan area, "said Wang Huabin, Vice President of the company. In the view of Hong Kong SAR Legislative Council member Claudia Mo, the prospects of Beidou are vast. It is not only a large-scale land development project that solves livelihood problems such as land and housing for Hong Kong, but also related to the development of innovation and technology, the integration of the Guangdong Hong Kong Macao Greater Bay Area, and provides high-quality business opportunities for various industries. Integrating into the new national practice of developing the northern capital is a crucial step for Hong Kong to deeply participate in the construction of the Guangdong Hong Kong Macao Greater Bay Area and integrate into the overall development of the country. As one of the major cooperation platforms among Guangdong, Hong Kong, and Macao under the national "14th Five Year Plan", the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone is built on both sides of the Shenzhen River with the concept of "one river, two banks" and "one district, two parks", including an 87 hectare Hong Kong park and a 300 hectare Shenzhen park, becoming a highlight of the development of the northern city. On November 20th, the SAR government announced the "Development Outline of the Hong Kong Park of the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone". The Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone is a natural intersection between the northern metropolitan area that Hong Kong is vigorously developing and the Guangzhou Shenzhen Hong Kong Science and Technology Innovation Corridor. With a superior geographical location, it is the bridgehead for Hong Kong's integration into the Greater Bay Area Ye Jianming, a member of the National Committee of the Chinese People's Political Consultative Conference and Executive Vice Chairman of the Hong Kong Island Federation, said. In fact, the entire northern metropolitan area, including the Hetao region, will fully utilize its geographical advantages and actively integrate into the overall development of the country. We particularly emphasize the docking and cooperation prospects between the region and the corresponding area in Shenzhen, each other's positioning and potential, as well as the transportation and port connections between Hong Kong and Shenzhen The Director of the Development Bureau of the Hong Kong Special Administrative Region Government, Ning Hanhao, introduced that the "Special Task Force for Coordinating the Development Strategy of the Northern Metropolis" formed by the governments of Hong Kong and Shenzhen has met and communicated multiple times, and the corresponding departments have visited each other and conducted on-site inspections, allowing the SAR government to grasp first-hand information on Shenzhen's development and make the most suitable planning for the Northern Metropolis. The geographical location of the northern metropolitan area can not only provide a large amount of land for Hong Kong's development, but also bring industrial development to new heights Qiu Zhuoheng, Director of the Northern Metropolitan Area Coordination Office, is full of confidence in the future, stating that "this land can facilitate better interaction between Hong Kong and related industries in mainland cities in the Greater Bay Area, bringing greater development vitality to Hong Kong