ORGANIZED by the Futian District Committee of the CPPCC, a new economy forum themed “Make full use of the capital market of Guangdong-Hong Kong-Macao Greater Bay Area to facilitate the quality development of strategic emerging companies in Futian” was held at the Shenzhen Stock Exchange on Sep. 19. The forum focused on current opportunities in the Greater Bay Area and the advantages of the cooperation between the capital markets of Shenzhen and Hong Kong. All the political advisers of the district, representatives from different departments including Futian Development and Reform Bureau, and representatives of 50 enterprises from the district attended the forum. Cao Erbao, professor at Tsinghua University and Peking University and visiting professor at Shenzhen University, commented that there is no precedent in the international community for the building of a bay area under the “one country, two systems” policy. “We need to stick to the one country principle and make good use of the two systems policy to build a platform that complements the advantages of Hong Kong, Macao and Guangdong,” said Cao. Chen Ming of Hong Kong Exchanges and Clearing Ltd. made a detailed analysis of the advantages of the Hong Kong capital market. The Hong Kong capital market is one of the biggest capital markets in the world and enjoys obvious advantages for companies seeking stock listings on the stock exchange. Firms going public in Hong Kong can realize their internationalization to a greater extent, according to Chen. Futian political adviser Zou Xiong pointed out that Futian, with its unique economic development advantage, is one of the three financial gathering places in China. It not only has policy support, but is also connected with the Lok Ma Chau Loop. Located in central Shenzhen, Futian has a large number of professional institutes and talents. To further facilitate the quality development of strategic emerging enterprises, several Futian political advisers put forward suggestions on the financial development of Futian from different perspectives including the financial advantages of Shenzhen and Hong Kong, biotechnology, and supply chain. (Chen Xiaochun) | 