Boosting co-operation with Guangdong

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The Chinese province of Guangdong will strive to increase co-operation with the MSAR for the development of e-commerce, entrepreneurship, investment and the MICE [Meetings, Incentives, Conventions and Exhibitions] industry, as well as tourism, announced the Mayor of Guangzhou, Wen Guohui, following a meeting with MSAR Chief Executive Fernando Chui Sai On on Monday.
In order to pursue such development Mr. Wen pledged the reinforcement of inter-regional initiatives such as the Guangdong-Hong Kong-Macau Greater Bay Area plan proposed by Chinese Premier Li Keqiang at this year’s National People’s Congress.
After the meeting, the MSAR Secretary for Economy and Finance, Lionel Leong Vai Tac, said he believes youth entrepreneurship in both regions could be improved by increasing exploration of the Nansha area of the Guangdong Free Trade Zone.
Together with Hengqin and the Qianhai and Shekou Industrial Zone in Shenzhen, Nansha comprises the 116.2 square kilometre Guangdong Free Trade Zone created in 2015.
The Secretary also suggested the MSAR serve as a financing platform for the exploration of e-commerce for markets in Portuguese-speaking and European Union countries and the creation of a joint regional brand for the MICE industry.