Recently, the Opinions on Financial Support for the Construction of Hengqin Guangdong Macao Deep Cooperation Zone and the Opinions on Financial Support for the Comprehensive Deepening of Reform and Opening up of Qianhai Shenzhen Hong Kong Modern Service Industry Cooperation Zone have been issued, increasing financial support for the construction of Hengqin and Qianhai, and supporting and promoting the better integration of Hong Kong and Macao into the overall national development situation. The two opinions have a strong and significant impact. In accordance with the idea of "combining the near and far, giving priority to people's livelihood, proceeding step by step, and preventing and controlling risks", 30 financial reform and innovation measures have been launched in six major areas, covering people's livelihood finance, financial market connectivity, the development of modern financial industry, promoting cross-border trade, and investment and financing facilitation. The issuance of the opinions has provided solid financial support for Hengqin and Qianhai to build a major cooperation platform in the Greater Bay Area of Guangdong, Hong Kong and Macao. Adhering to the principle of "giving priority to people's livelihood" is a prominent feature of the two opinions. Focusing on the livelihood financial needs of Hong Kong and Macao residents in the Greater Bay Area, such as working, living, innovation and entrepreneurship, the innovative measures proposed are concrete and practical, such as "facilitating Hong Kong residents to open mainland bank accounts", "facilitating Hong Kong residents' credit financing", and promoting the interoperability of mobile electronic payment tools in the cooperation zone ", which provide Hong Kong and Macao residents with better quality, more diverse, and more convenient livelihood financial services for working and living in the Greater Bay Area. The opinions not only focus on the key points of Guangdong Hong Kong Macao cooperation such as financial convenience for people's livelihood and market connectivity, but also propose characteristic projects for Guangdong Macao cooperation and Shenzhen Hong Kong cooperation, such as in Hengqin, serving entities, diversified development, innovative development of modern financial industries such as asset management, bond market, financial leasing, green finance, etc; In Qianhai, comprehensively strengthen the functions of the Qianhai Cooperation Zone's national financial industry opening up pilot demonstration window and cross-border RMB business innovation pilot zone. I believe that with the continuous strengthening of financial support, the work and life of Hong Kong and Macao residents in the Greater Bay Area will become more convenient, and the experimental and exemplary role of the two platforms in further deepening reform, expanding opening up, and promoting cooperation will be brought into greater play. The construction of the Greater Bay Area will reach a new stage. (Liao Xinshe)
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