Core Insights - The Hong Kong-Zhuhai-Macao Bridge has become a vital economic artery and a bridge for people's livelihoods since its opening, with a total import and export value of 1.24 trillion yuan as of September this year [1][4][7] - The annual average growth rates for passenger and vehicle traffic are 16% and 45%, respectively, indicating significant increases in cross-border movement [5][7] Group 1: Economic Impact - As of September 2023, the total value of goods imported and exported through the Zhuhai port of the Hong Kong-Zhuhai-Macao Bridge has reached 1.24 trillion yuan [4][7] - The bridge has facilitated nearly 1,893.1 million vehicle crossings since its opening, showcasing its role in enhancing trade and connectivity [7] Group 2: Policy and Traffic Growth - The implementation of policies such as "Hong Kong vehicles going north" and "Macao vehicles going north" has contributed to the growth in traffic, making the bridge a key component of the Guangdong-Hong Kong-Macao Greater Bay Area's "one-hour living circle" [3] - The average daily traffic for cross-border e-commerce trucks is nearly 500, with over 1.6 million packages being shipped globally to more than 130 countries and regions [9]

Core Viewpoint - The "Yue Car South" policy is expected to be announced soon, aiming to enhance cross-border transportation and promote the development of the Guangdong-Hong Kong-Macao Greater Bay Area [1][2]. Group 1: Policy Implementation - The Hong Kong Transport and Logistics Bureau is actively discussing the practical implementation of the "Yue Car South" policy with mainland authorities, with arrangements to be announced in due course [1]. - The initial phase of the policy aims to allow "Yue Cars" to access an automated parking facility at the Hong Kong port via the Hong Kong-Zhuhai-Macao Bridge [1][2]. - The Guangdong provincial government is also working on optimizing the "Yue Car South" initiative, alongside other cross-border transportation measures [1]. Group 2: Regulatory Framework - A draft management regulation for vehicles entering and exiting the Hong Kong port via the Zhuhai port has been publicly solicited for opinions, indicating a structured approach to the policy [2]. - Vehicle owners must submit reservation applications to the Hong Kong Airport Authority and provide necessary documentation as per their regulations [2]. - The vehicles eligible for the "Yue Car South" policy are defined as non-operational small passenger cars registered in Guangdong, with specific size and seating capacity limits [2]. Group 3: Economic Impact - The "Yue Car South" policy is anticipated to significantly enhance connectivity within the Greater Bay Area, expand consumption, and facilitate the flow of innovative resources, thereby promoting economic growth [2]. - Zhuhai has positioned itself as a key city for implementing the "Yue Car South" policy, enhancing the convenience for residents traveling between Hong Kong, Macau, and the mainland [2].