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Free trade zones, "Belt and Road" initiatives take priority at Hong Kong-Guangdong cooperation conference

Xinhua, September 9, 2015 Adjust font size:

The development of free trade zones and opportunities brought along by the "Belt and Road" initiatives took priority at the 18th Hong Kong-Guangdong Cooperation Joint Conference held here on Wednesday.

Zhu Xiaodan, Governor of China's Guangdong Province, said Guangdong and Hong Kong are taking the lead in liberalizing trade in services. Guangdong could make more use of Hong Kong's competitive edge as the city is an international shipping center, financial center and trade center.

Zhu, who led the Guangdong delegation to the conference, said the newly formed Guangdong Free Trade Zone would open to Hong Kong companies and investors. He also mentioned that the "Belt and Road " development initiatives provided ample opportunities for Guangdong province and Hong Kong and enabled the two places to deepen their cooperation.

Chief Executive of the Hong Kong Special Administrative Region Leung Chun-ying said Hong Kong highly values cooperation with Guangdong, and the two places could make joint efforts in seizing the vast opportunities provided by the "Belt and Road" initiatives in the coming decades.

Guangdong and Hong Kong signed a number of cooperative agreements on education, food safety, e-commerce, intellectual property and joint rescue coordination during the conference. Endi