Guangdong Hong Kong Macao Greater Bay Area Seizes the "New Track" of Digital Economy

2023-12-25

The launch of the "Wanshitong" mini program, the release of the Greater Bay Area Digital Economy Development Report, and the launch of the Developer Competition... Recently, the second 3-day Digital Government Construction Summit and the "Digital Bay Area Development Forum" were held in Guangzhou, Guangdong Province. As the first summit in China to focus on the construction of the "Digital Bay Area", this summit is jointly hosted by the Guangdong Provincial Government and the governments of Hong Kong and Macao Special Administrative Region. With the theme of "Innovation driven Digital Bay Area construction data empowering high-quality development", it has set up summit forums, special forums, and fruit expos, attracting more than 3000 guests including experts, scholars, and representatives of entrepreneurs to attend, accelerating digital construction and promoting high-quality development in the Guangdong Hong Kong Macao Greater Bay Area Provide suggestions and strategies to promote high-quality development in the Greater Bay Area, and build consensus. How to accelerate the digital development of the Guangdong Hong Kong Macao Greater Bay Area by promoting cross-border data flow? The key is to smooth the efficient flow channels of production factors such as data, talent, technology, and capital. "Promoting cross-border data flow is a necessary measure to promote high-quality development in the Greater Bay Area," said Chen Ximing, Chairman of the Board of Directors of Hong Kong Cyberport Management Limited. In June of this year, the Innovation, Technology and Industry Bureau of the Hong Kong Special Administrative Region Government and the National Internet Information Office signed a memorandum of cooperation to promote cross-border data flow in the Guangdong Hong Kong Macao Greater Bay Area, jointly promoting the cross-border data flow work in the Guangdong Hong Kong Macao Greater Bay Area, and promoting the orderly flow of important data in the mainland Providing a convenient channel for safe flow to Hong Kong. The Secretary for Innovation, Technology and Industry of the Hong Kong Special Administrative Region Government, Sun Dong, revealed that Hong Kong is cooperating with Guangdong and plans to implement a pilot approach in the Greater Bay Area by the end of the year to simplify compliance arrangements for the flow of personal data from the mainland to Hong Kong, and promote the development of the digital economy and smart cities in the Greater Bay Area. Zheng Yongnian, Chairman of the Guangzhou Guangdong Hong Kong Macao Greater Bay Area Research Institute, believes that Guangdong, Hong Kong, and Macao each have their own advantages and a good foundation for the development of the digital economy, "If the cross-border flow and integration of data in Guangdong, Hong Kong, and Macao are well developed, replicable and diffusible development models can be explored in the Greater Bay Area, which will become an effective means to promote the development of Digital China." "The governments of the three regions need to strengthen policy coordination, achieve the construction of digital governance systems, formulate common norms and standards through top-level policy design; strengthen technical cooperation and research and development, introduce data talents, and provide more accurate talent policies; strengthen data security and risk management, promote data sharing and trust building." Feng Wentao, Chairman of Macau Rongguan Investment Technology Co., Ltd. suggested. At the forum where leading enterprises actively layout, accounting firm PwC released the "Guangdong Hong Kong Macao Greater Bay Area Digital Economy Development Report 2023". The report shows that in 2022, the added value of Guangdong's digital economy reached 6.4 trillion yuan, ranking first in the country for six consecutive years. The scale of Hong Kong's digital economy exceeded 100 billion Hong Kong dollars, and digital cultural tourism is an important form of digital economy in Macau. Zhang Lijun, Managing Partner of Regional Economy and Southern Markets at PwC China, stated that the digital economy has a strong foundation in the Guangdong Hong Kong Macao Greater Bay Area. With the development of the Hetao Shenzhen Hong Kong Science and Technology Innovation Cooperation Zone pressing the "acceleration key", a new wave of technology and new industrialization will sweep across the Greater Bay Area on a larger scale and at a deeper level, and innovative technologies and clusters will continue to emerge and spread. To promote the digitalization process and seize opportunities in the Bay Area

Edit:Hu Sen Ming    Responsible editor:Li Xi

Source:XinhuaNet

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