What kind of assistance and support does Mainland China provide to Hong Kong?

Mainland China's help and support for Hong Kong include promoting the development of the Guangdong-Hong Kong-Macao Greater Bay Area, consolidating and upgrading Hong Kong's international financial center, consolidating and upgrading Hong Kong's position as an international aviation hub, constructing an international science and technology innovation center, improving the construction of Hong Kong and Shenzhen's land border crossings, exploring the mainland market by Hong Kong enterprises, and preventing and combating the spread of epidemics.

One is about promoting the development of the Guangdong-Hong Kong-Macao Greater Bay Area, the central government supports the full implementation by the end of 2020 of the 24 policies and measures adopted in principle earlier by the Guangdong-Hong Kong-Macao Leading Group on the Construction of the Greater Bay Area, following the earlier tax incentives, the purchase of housing facilitation, support for youth entrepreneurship, science and technology funding "river crossing", liberalization of lawyers and construction professional services, and other measures already implemented.

The measures to be introduced in the near future include allowing designated Hong Kong-funded medical institutions in cities in the Greater Bay Area to use medicines and commonly used medical instruments registered in Hong Kong, relaxing the transit of human genetic resources from the Mainland to Hong Kong for research purposes, facilitating "Hong Kong vehicles travelling northward" on the Hong Kong-Zhuhai-Macao Bridge, and speeding up the implementation of the "Cross-boundary Financial Management System". The "cross-border financial management pass".

The second is about consolidating and upgrading Hong Kong's international financial center, the central government supports deepening the financial interconnection between the two places, gradually expanding the scope of eligible stocks for "interconnection", and agrees to speed up the process of including Hong Kong-listed unprofitable biotechnology companies and Mainland's Science and Technology Innovation Board (STB) stocks into the target list under specific conditions. The government has agreed to expedite the inclusion of Hong Kong-listed unprofitable biotechnology companies and mainland science and technology innovation board stocks into the underlying under specific conditions.

Third, on consolidating and upgrading Hong Kong's position as an international aviation hub, the Central Authorities support the Hong Kong International Airport's investment in Zhuhai's airport in accordance with market-oriented principles, to participate in its operation and development, and to further deepen the cooperation in the construction of a world-class airport cluster with international competitiveness.

Fourth, on the construction of an international science and technology innovation center , the Central Authorities support Hong Kong and Shenzhen *** with the construction of Shenzhen park of Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone and Hong Kong Park in the Lok Ma Chau Loop, the practice of "one country, two systems", located in the "two sides of the river". "One district and two parks on both sides of the river" under the practice of "one country, two systems".

Fifth, on perfecting the construction of Hong Kong-Shenzhen land crossings, the Central Authorities support Hong Kong to deepen cooperation with Shenzhen, optimize the Lok Ma Chau-Huanggang border crossing, and adopt the "co-location of immigration and customs facilities" at the new Huanggang border crossing in Shenzhen, so as to release more than 20 hectares of land in Hong Kong's border crossing areas for other uses. We will also further explore the optimization of the Lo Wu Control Point later. After making reference to the experience of the Hong Kong-Zhuhai-Macao Bridge in allowing Hong Kong vehicles to go northward, we will study the implementation of the policy of allowing Hong Kong vehicles to go northward at the Hong Kong-Shenzhen land boundary control points as well.

Sixth, on the development of the mainland market by Hong Kong enterprises, the Central Authorities support the Guangdong Province to join hands with the Hong Kong Trade Development Council and the relevant chambers of commerce to provide Hong Kong enterprises with policy consultation, training and business matching services, so as to facilitate Hong Kong enterprises to develop domestic sales channels and to connect with e-commerce platforms.

Seventh, on the prevention of and fight against the epidemic, the Central Authorities support and request the HKSAR Government to take all the necessary measures to "prevent the importation of foreign products and the rebound within the territory", so that the epidemic in Hong Kong can be controlled through the "health code" and "mutual recognition". "In the event that the epidemic in Hong Kong can be contained, the mutual recognition of health codes should be adopted to resume the flow of people between Guangdong and Hong Kong in a gradual and orderly manner, and Hong Kong should be supported in ensuring the supply of vaccines for CKP and reserving a certain quantity of vaccines developed or produced in the Mainland for use by Hong Kong people when necessary.

Reference to the above: Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region - The Central Authorities will fully support Hong Kong's development in seven areas