Core Viewpoint - The Hong Kong government is accelerating the development of the Northern Metropolis, which is seen as a strategic area for economic growth and innovation, with the establishment of the "Northern Metropolis Development Committee" to streamline processes and attract investment [1][2]. Group 1: Government Initiatives - The Hong Kong government has announced the formation of the "Northern Metropolis Development Committee" to expedite the development of the Northern Metropolis, which is expected to occupy one-third of Hong Kong's area and future population [1]. - The government aims to simplify administrative processes and introduce fast-track approval systems to encourage investment and development in the Northern Metropolis [2]. - The Northern Metropolis is positioned as a key driver for Hong Kong's future development, particularly in the context of collaboration with the Greater Bay Area [1][2]. Group 2: Economic and Development Potential - The Northern Metropolis is anticipated to create numerous job opportunities and enhance productivity, serving as a vital economic engine for Hong Kong [1][2]. - The area is expected to integrate various industries and foster innovation, with a focus on technology and research collaboration between universities and enterprises [3]. - The development of the Northern Metropolis is seen as a significant step towards transforming Hong Kong's traditional development model and addressing current challenges [2][4]. Group 3: Stakeholder Perspectives - Experts emphasize the importance of the Northern Metropolis as a strategic interface for Hong Kong's integration into national development, highlighting the need for collaborative efforts across various sectors [2][4]. - The establishment of specialized working groups under the Northern Metropolis Development Committee aims to enhance operational efficiency and focus on specific areas such as financing and higher education [2]. - Stakeholders from the real estate sector express optimism about the government's initiatives to lower construction costs and encourage market participation in the Northern Metropolis development [3].