Greater Bay Area moves toward further alignment

The Guangdong provincial government on Thursday unveiled 20 examples in which efforts have been made to further align rules and systems in the Guangdong-Hong Kong-Macao Greater Bay Area in a bid to advance market integration.

Alignment has been a difficult yet important matter in the development of the GBA, as each area is cooperating with respect to the "one country, two systems" and "three customs territories and three currencies" principles, said Zhu Wei, deputy director of the provincial development and reform commission, at a news conference in Guangzhou, Guangdong province.

Efforts in this regard over the past few years have resulted in the more efficient, cross-border flow of people, cargo and capital, have improved the business environment and have brought greater convenience to Hong Kong and Macao residents working and living in Guangdong, he said.