Hong Kong, September 12 (Xinhua) - The newly released Qianhai plan establishes a plan for the long-term development of Hong Kong, Paul Chan, financial secretary of Hong Kong Government From the Special Administrative Region, Sunday said on Sunday.

The central authorities recently issued a new plan to comprehensively deepen the reform and opening of the Qianhai Shenzhen-Hong Kong area of ​​cooperation of the modern service industry. The total area of ​​the area will be expanded to 120.56 square kilometers of 14.92 square km.

With the extended cooperation zone, Hong Kong will have a wider development room and the Earth. The scarcity that has been hampening the growth of the Hong Kong industries will also be hidden will also be alleviated, Chan said in an online article.

Chan believes that the Hong Kong pillar sectors will benefit from the plan, as there will be a wider opening to the Hong Kong service industries and a better Connectivity for cooperation in finance, technology and innovation, among other areas.

With the new plan, Hong Kong can gradually realize the update of its industrial structure, Chan said.

Young people from Hong Kong who study or work in Qianhai will also enjoy more favorable policies. And they have more opportunities, said Chan.

Concerning the wealth The connection pilot scheme (WMC) of the administration in the Guangdong-Hong-Macao Greater Bay area, which was launched on Friday, the Head of Government Finance of Hsar, said the program has been widely anticipated by the financial sector of Hong Kong and will generate enormous new opportunities.

Chan called it a breakthrough in Continental-Hong Kong connectivity and a milestone in the capital flows of the crossbirds in the area of ​​the Bay Major.

Chan urged companies and individuals in Hong Kong to better understand the new favorable policies recently launched and take advantage of the opportunities for Hong Kong's economy to upload the chain of value and integrate better in the National Development Panorama. Enditem follow by China.org.cn on Twitter and Facebook to join the conversation. Download applications from ChinaNews

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