Group 1 - The Hong Kong Chief Executive, John Lee, presented his fourth policy address on September 17, which includes various measures aimed at improving the livelihood of citizens and boosting the economy [3][5] - The policy address proposes to extend the additional tax allowance for newborns from one year to two years, starting from the 2026/27 tax year, allowing taxpayers to claim a double tax allowance of HKD 260,000 for each child during the first two years after birth [3] - The government plans to increase the supply of public and private housing, and optimize the sale and transfer arrangements to assist public housing residents in home ownership [4] Group 2 - The policy address includes initiatives to support the elderly, such as the establishment of three new elderly neighbor centers and the addition of approximately 700 new subsidized elderly care places [4] - The government is actively encouraging the development of artificial intelligence, which is seen as a positive opportunity for young professionals in technology-related fields [3] - The report emphasizes the importance of aligning with national development strategies, particularly in areas like the Northern Metropolis planning and the Greater Bay Area development [3]

Group 1 - The Hong Kong government will establish a "Commodity Strategy Committee" led by the Financial Secretary to enhance the top-level design and long-term strategy formulation for commodity policies [1] - The government aims to develop a commodity trading ecosystem in Hong Kong, including supporting the establishment of more recognized warehouses and providing tax incentives for commodity traders [1] - The initiative is expected to strengthen Hong Kong's position as an international financial, shipping, and trading center, integrating existing advantages and creating new economic growth points [1] Group 2 - Guangdong Province and Guangzhou have expressed support for cross-border cooperation between the Guangzhou Futures Exchange and the Hong Kong Stock Exchange [2] - The collaboration is seen as a practical measure to enhance the influence of Hong Kong's capital market and promote the integration of financial resources in the Guangdong-Hong Kong-Macao Greater Bay Area [2] - Strengthening cooperation between the two exchanges is crucial for the development of the Greater Bay Area and will facilitate efficient allocation of production factors [2]

任鸿斌表示，举办粤港澳大湾区发展工商大会，是贯彻落实习近平主席重要讲话精神、推动粤港澳大湾 区建设的实际行动，也是促进中外工商界交流合作的务实举措。大会自创办以来，受到国际工商界广泛 关注，有力推动各国企业深入参与粤港澳大湾区建设，促进形成区域与企业协同发展、互利共赢的良好 局面。中国贸促会将调动全国贸促系统力量，加强与粤港澳有关机构交流合作，搭建更多元平台，提供 更优质服务，助力企业更好搭乘中国湾区建设快车。 9月15日，由中国贸促会、广东省人民政府、香港特别行政区政府、澳门特别行政区政府共同主办的第 三届粤港澳大湾区发展工商大会在广州开幕。广东省委书记黄坤明出席，全国政协副主席姜信治出席并 讲话，广东省省长王伟中、中国贸促会会长任鸿斌、中国工商银行行长刘珺出席并致辞，香港特别行政 区行政长官李家超、澳门特别行政区行政长官岑浩辉发表视频致辞。 姜信治表示，建设粤港澳大湾区，是习近平主席亲自谋划、亲自部署、亲自推动的重大国家战略，也是 推动"一国两制"事业发展的新实践。《粤港澳大湾区发展规划纲要》发布6年来，粤港澳三地紧密携 手，推动大湾区经济实力、区域竞争力显著增强。希望与会各方深化交流合作，共同谱写粤港澳 ...

女士们，先生们，朋友们！ 粤港澳大湾区是中国经济活力最强、开放程度最高的区域之一，在国家发展大局中具有重要战略地位。 《粤港澳大湾区发展规划纲要》实施6年来，中央和地方政府连续推出多项配套支持政策，推动粤港澳 大湾区向融而进、向新而行、向强而立，向着国际一流湾区和世界级城市群稳步迈进。 很高兴与大家相聚在美丽的羊城，共同参加第三届粤港澳大湾区发展工商大会。我谨代表中国贸促会， 对姜信治副主席在百忙之中亲临大会表示由衷的敬意！对与会中外嘉宾表示热烈的欢迎！对长期以来关 心支持中国贸促事业发展的各界朋友表示衷心的感谢！ 粤港澳大湾区发展工商大会已经举办两届，受到国际工商界广泛关注，有力推动各国企业深入参与粤港 澳大湾区建设，促进形成区域与企业协同发展、互利共赢的良好局面。第三届粤港澳大湾区发展工商大 会以"赋能大湾区，共拓新机遇"为主题，契合当前形势，顺应各方关切，深具现实意义。希望与会工商 界充分利用这一平台，广泛凝聚共识，加强务实合作，为粤港澳大湾区建设贡献智慧和力量。 9月15日，第三届粤港澳大湾区发展工商大会在广州举行，中国贸促会会长任鸿斌致辞。 中国贸促会会长 任鸿斌： 大家上午好！ 工商界是全球经济最 ...

Core Insights - The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) has achieved significant development milestones over the past six years, with an expected economic total exceeding $2 trillion by 2024, representing 1/9 of China's total economic output despite only accounting for 0.6% of the country's land area and 6% of its population [1][2] - The GBA has seen a continuous improvement in its innovation capabilities, with Guangdong ranking first in national innovation capacity for eight consecutive years and the "Shenzhen-Hong Kong-Guangzhou" tech cluster recently becoming the world's top innovation hub [1] - The GBA's industrial system is becoming increasingly robust, featuring nine trillion-yuan industrial clusters and a thriving ecosystem for emerging industries such as artificial intelligence and biomanufacturing [1][2] - Guangdong has optimized its business environment, ranking first in the national business environment reputation for four consecutive years, with over 20 million registered business entities, accounting for 10% of the national total [1][2] Economic and Trade Developments - The GBA's development is closely linked to its integration into international supply chains, evolving from processing trade to international collaboration in research and innovation [2] - Guangdong has over 210,000 registered foreign-invested enterprises, making it the leading province in China for foreign investment, with significant inflows into sectors like electronic information and green petrochemicals [2] - The province's total import and export volume is projected to exceed 9 trillion yuan in 2024, maintaining its position as China's top trading province for 39 consecutive years [2] Future Outlook - The GBA aims to enhance its open cooperation strategy to address external economic uncertainties, focusing on high-quality development and optimizing the business environment for global investors [3] - The region will continue to deepen its integration into international supply chains and expand its global cooperation network, leveraging both domestic and international markets [3] - The GBA is positioned as a key driver of China's high-quality development and a promising growth area on the global stage, inviting further international engagement and investment [4]

Core Viewpoint - The Hong Kong Special Administrative Region is committed to enhancing cooperation with cities in the Guangdong-Hong Kong-Macao Greater Bay Area, leveraging its unique advantages to facilitate high-level connectivity and contribute to national development goals [1][2][3]. Group 1: Economic Cooperation and Development - The Greater Bay Area initiative is a significant national strategy personally planned and promoted by President Xi Jinping, serving as an important engine for high-quality national development [2]. - Hong Kong plays a dual role as a platform for "bringing in" and "going out," utilizing its highly law-based, market-oriented, and international business environment [2][3]. - The implementation of measures such as "Hong Kong vehicles going north" and the upcoming "Guangdong vehicles going south" will enhance the convenience of personnel flow [2][3]. Group 2: Logistics and Trade - Hong Kong and Dongguan are promoting "sea and air cargo intermodal transport," which significantly improves the efficiency of cross-border air cargo transit [3]. - The CEPA framework's second revised agreement on service trade, effective since March, supports the expansion of "Hong Kong capital and law" in various cities within the Greater Bay Area, providing broader opportunities for Hong Kong enterprises and professionals [3]. Group 3: Financial Integration - The "Cross-Border Wealth Management Connect" initiative has been continuously developing and optimizing since its launch, while the newly introduced "Cross-Border Payment Connect" links payment systems between the two regions, laying a foundation for financial cooperation in the Greater Bay Area [3]. Group 4: Future Outlook - Hong Kong will continue to promote high-level connectivity among the three regions, deepening regulatory alignment and mechanism integration to facilitate the efficient flow of people, goods, capital, and information [3]. - The conference's theme, "Empowering the Greater Bay Area, Exploring New Opportunities Together," focuses on international supply chain collaboration, global trade risk response, cross-border financial cooperation, commercial legal cooperation, and artificial intelligence industry discussions [3][4].

Core Insights - The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is positioned as a strategic support for the new development pattern, aiming to be a model for high-quality development and a leader in Chinese-style modernization [1][2] Infrastructure Development - The GBA is advancing its infrastructure connectivity, with the opening of the first long-distance drone logistics route between Guangzhou and Zhuhai, and ongoing exploration of cross-border drone logistics routes between Guangdong and Hong Kong-Macao [2] - The Lion Rock Tunnel project is under construction, expected to be completed by 2028, enhancing the "one-hour living circle" in the GBA [3] - The GBA airport cluster, with seven transport airports, is projected to handle 420 million passengers annually by 2035 [3] Economic Integration - The GBA is implementing breakthrough policies such as "Hong Kong vehicles going north" and "Macao vehicles going north," optimizing the integration of markets [3] - Over 5,500 professionals from Hong Kong and Macao are practicing in Guangdong, and 187 high-frequency government services have achieved cross-border processing [3] Technological Innovation - The GBA is enhancing technological innovation and industrial collaboration, with the establishment of the National Technology Innovation Center's international headquarters in the He Tao Innovation Center [4] - The GBA leads globally in patent capabilities, with one in three industrial robots in China produced in Guangdong [4] - In the first seven months of this year, the GBA's nine cities reported imports and exports totaling 5.2 trillion yuan, accounting for over 20% of the national total, with significant growth in new export drivers like drones [4]

Group 1 - The National Bureau of Statistics will hold a press conference to introduce the national economic operation situation for August 2025 [1] - The National Bureau of Statistics will release data on the sales price changes of commercial residential properties in 70 large and medium-sized cities for August 2025 [2] - The third Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference will be held, focusing on promoting supply chain openness and cooperation [3] Group 2 - A total of 14 companies will have their restricted shares unlocked today, with a total unlock volume of 309 million shares, amounting to a market value of 8.932 billion yuan [4] - Six companies will have unlock volumes exceeding 10 million shares, with Yonghe Co., Weiman Sealing, and Jiquan Technology leading in unlock volume [4] - The People's Bank of China will have 191.5 billion yuan of 7-day reverse repos maturing today [5]

Group 1 - The 2025 summer grain purchasing season is nearing completion, with over 100 million tons of wheat purchased nationwide [2][10] - The financial support for the real economy continues to increase, with the social financing scale stock reaching 433.66 trillion yuan, a year-on-year increase of 8.8% [11] - From January to August, the national railway completed fixed asset investment of 504.1 billion yuan, a year-on-year increase of 5.6% [12] Group 2 - During the 14th Five-Year Plan period, Shanxi is focusing on promoting new industrialization, with the added value of manufacturing growing at an average annual rate of 8.1% [8] - Inner Mongolia has completed over 10 million acres of the "Three North" project and has effectively increased forest coverage to 21.77% [9]

Core Insights - The construction of the Northern Metropolis in Hong Kong is expected to significantly benefit both the service industry in Shenzhen and expand opportunities for technological collaboration between the two regions [1][2] Group 1: Development Overview - The Northern Metropolis encompasses approximately 300 square kilometers, which is about one-third of Hong Kong's total area, and is divided into four development parts: high-end professional services and logistics hub, innovation technology zone, port commerce and industrial area, and a recreational ecological zone [1] - The Hong Kong government plans to provide around 3,000 hectares of land over the next decade, with approximately 1,700 hectares coming from the Northern Metropolis, which is expected to yield nearly half of the future residential supply of about 210,000 housing units [1] Group 2: Population and Employment Impact - Once fully developed, the Northern Metropolis is projected to accommodate 2.5 million people and create 500,000 new jobs, transforming it into an international innovation and technology hub for Hong Kong [2] - The anticipated population increase of 1.5 million in the Northern Metropolis will significantly alter Hong Kong's internal population distribution and have profound effects on neighboring Shenzhen [2] Group 3: Economic Opportunities - The construction of the Northern Metropolis is expected to create opportunities for Shenzhen's retail, leisure, and dining sectors due to the significant consumer demand from the new population [3] - The Northern Metropolis's positioning as an "international innovation and technology city" aligns well with Shenzhen's industrial development direction, fostering collaboration in the technology sector [3] Group 4: Infrastructure and Challenges - The influx of 2.5 million people will place higher demands on cross-border transportation infrastructure, necessitating upgrades to existing land ports and the acceleration of the Hong Kong-Shenzhen West Railway [4] - There are challenges related to breaking down institutional barriers that hinder the integration of Hong Kong and Shenzhen, requiring innovative approaches to facilitate the flow of people, goods, capital, and data [5]