Core Viewpoint - The Hong Kong government emphasizes the importance of expanding the Guangdong-Hong Kong-Macao Greater Bay Area's openness through three key strategies: stabilizing relations with Europe and the United States, integrating with East Asia, and expanding the Belt and Road Initiative [1][2]. Group 1: Economic Data and Importance - The Greater Bay Area has a significantly higher export-to-GDP ratio of 67% compared to the national average of 19%, with Guangdong at 42% and Hong Kong exceeding 150% [1]. - The investment landscape shows that the "Hong Kong + Guangdong" combination has a substantial global presence [1]. Group 2: Strategies for Expansion - The first strategy is to stabilize relations with Europe and the United States, which account for over 50% of the global economy and trade [2]. - The second strategy involves integrating with East Asia, which includes 16 economies that contributed to 30% of global GDP in 2021, potentially rising to 40% in the coming years [2]. - The third strategy focuses on expanding the Belt and Road Initiative, leveraging Hong Kong's unique advantages in openness and internationalization [2]. Group 3: Innovation Environment - The suggestion includes creating a broader innovation environment that encompasses innovative thinking, models, effective government support, integration of innovation with finance, industry connections, talent development, and intellectual property protection [3].