• Hong Kong eyed as finance hub for China’s Greater Bay Area

    A development plan has identified Hong Kong as the hub of international finance for China’s Greater Bay Area. The plan, which was released by the Central Committee of the Communist Party and the State Council on Monday night, classifies Hong Kong, Macau, Guangzhou, and Shenzhen as the four core cities in the Greater Bay Area. Hong Kong’s role is also being reinforced by developing innovation and technology. According to a Xinhua News Agency report, the development plan seeks to boost the level of the four core cities to world-class prestige…

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