Published : 05/06/2024
What should we do for the development of the Greater Bay Area (GBA)? In the programmatic document of the Greater Bay Area called the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area", seven main sectors are concerned. This year is the 5th anniversary of it. Over the pass five years, what achievements have been made?
In this series of articles, we will explore 7 places for each main sector, trying to conclude some key achievements. This article is the third one, about "building a Globally competitive Modern Industrial System". We further separate the article into two. Here is the second part.
Dongguan—Hong Kong International Airport Logistics Park
Cross-border logistics is an important sector of the modern service industry.
The "Hong Kong-Dongguan International Airport Logistics Park" (hereinafter "The HKIA Logistics Park" located in the Humen Comprehensive Bonded Zone, Dongguan, was opened in April 2023. It pioneered the "cross-border security check in advance" sea-air transport model, extending the cargo service scope of Hong Kong Airport cross-border to Dongguan, creating a new corridor for "Made in Bay Area" to go global.
In the past, if mainland goods needed to be exported through Hong Kong Airport, they are needed to go through customs clearance procedures in the local customs first, then transported via land route at Shenzhen port to the cargo station of Hong Kong Airport for another safety check. After the safety check done in Hong Kong Airport, the mainland goods need to be repacked according to the international unified specifications before flying into all over the world.
After the Aviation Centre is put into use, the goods from the mainland can go through the "one-stop" security check and customs declaration procedures in Dongguan, and then be directly transported to Hong Kong Airport for the flight arrangement, reaching 220 countries and regions worldwide.
One year after its launch, the volume of import and export goods of Hong Kong-Dongguan International Aviation Centre exceeded CNY 3.8 billion, saving 30% of logistics costs and increasing efficiency by 20% compared to the past.
The "Outline" proposes to promote the development of Guangdong-Hong Kong-Macao logistics cooperation, vigorously develop third-party logistics and cold chain logistics, improve supply chain management level, and construct an international logistics hub.
In the past five years, a series of new logistics channels, models and technologies have been launched, making the multi-dimensional "water-land-air-space" logistics channels constantly flowing smoothly.
Guangzhou Green Financial Reform Innovation Pilot Zone
The "Guangzhou Green Financial Street" located along the subway line of Yingbin Avenue in the Huadu District of Guangzhou is 600 meters long. It is one of the first green financial special pilot projects approved by the State Council in China, and also the first green financial reform and innovation experimental area in the South China region.
Green financing (Green Financing) is a type of investment and financing activity, financial product and financial service that can support "environmental sustainability".
As the core area of the experimental zone, Huadu District has formulated and launched supporting policies to support the development of green finance and green industry, providing financial incentives for green industries and financial institutions to settle in, and financial subsidies for carrying out green credit, green bonds, green insurance and other green financial businesses.
Up to now, a batch of pioneering cases has been formed in the experimental zone, including the first "Insurance + Futures + Bank" scheme for pig raising, national first "New Drug Liability Insurance" pilot, and the release of the first national carbon credit report. Huadu District has 11 typical cases selected into the first batch of "Green Financial Reform and Innovation Case Compilation" by The People's Bank of China, providing experiences for replication and promotion.
Financial service to the real economy is an important support for the construction of a modern industry system. The "Outline" mentions the development of characteristic financial industry, which includes green finance.
In the 112 cases of green financial reform and innovation announced by the Headquarters of the People's Bank of China in 2022, Guangzhou has innovatively formed 20 cases, ranking first in all experimental areas.
Shenzhen Nanshan District China International Marine Containers
China International Marine Containers, headquartered in the Nanshan District of Shenzhen, is the world's largest container manufacturer and one of China's leading marine engineering companies.
Its subsidiary company "CIMC Raffles", independently developed the ultradeep semi-submersible drilling platform "Blue Whale 1" and "Blue Whale 2", which are regarded as representing the highest level of design and construction of offshore drilling platforms in the world today.
"Blue Whale 1" successfully exploited "combustible ice" in the deep sea of the South China Sea in 2017, creating the first ever in China and in the world. "Blue Whale 2" successfully exploited it once again in 2020, creating world records for daily production and total production volume. "Combustible ice" or "natural gas hydrate" is hailed as one of the ideal clean energies of the 21st century.
Read more:July 9, 2017｜China's combustible ice test mining breaks the world record
The "Outline" mentions comprehensive land-sea development and scientific development, strengthening Guangdong-Hong Kong-Macao cooperation, expanding the blue economic space, and jointly building a modern marine industry base.
In the past five years, Shenzhen has initially formed an industry chain of high-end marine equipment covering upper, middle and lower streams including design and research and development, assembly and construction, and application.
"Guangdong Marine Economy Development Report (2023)" shows that the total volume of Guangdong's marine economy has ranked top nationwide for 28 consecutive years. In 2022, Guangdong's ocean production totaled CNY 1.8 trillion, a year-on-year increase of 5.4%, accounting for 14% of the region's total production. The marine economy provides an inexhaustible "blue power" for Guangdong's economic development.
Read More:Chinese Super Project Using "Giant Slide at Sea" Slides Down to 300 Meters of Deep Sea in 1 Minute!