A Guangzhou-based think tank suggests establishing an administrative committee led by the central government and joined by the three local governments for the Guangdong-Hong Kong-Macao Greater Bay Area development.The unique situation in the bay area, which includes two political systems, and three different legal currency and customs systems, calls for the central government to fill an important role in the region's development, said Chen Guanghan, deputy dean of the Institute of Guangdong, Hong Kong and Macao Development Studies of Sun Yat-sen University.A cooperative mechanism among the government, the corporate sector and the society is necessary, with the relationship of the government and the market in synergizing regional development to be properly addressed, Chen said. In support, he cited a development report on the bay area issued by his institute on Monday.The role of the market in distributing regional resources should be supported, with the free flow of productive factors in the region and rational industrial division to be promoted, he said.Due to differences in the systems in Guangdong, Hong Kong and Macao with a coordinating procedure yet to be fully developed, further coordination and cooperation have met impediments.The adjustment in the administrative procedure has become an urgent issue, which means employing multigovernance instead of merely making decisions on individual issues, said Liu Yungang, a professor at Sun Yat-sen University's School of Geography and Planning.He suggested such a multigovernance body to be located in the Nansha Area of Guangdong Pilot Free Trade Zone, which lies at the center of the bay area.Consisting of nine cities in the Pearl River Delta in Guangdong province, Hong Kong and Macao, it is the world's fourth major bay area following those around New York, San Francisco and Tokyo, with the highest per capita GDP among three Chinese city clusters. The plan for the bay area is expected to be issued later this year.Chen's institute also suggests an international business environment be built in the bay area, with greater and mutually benefiting infrastructure connectivity, higher innovation capacity, a more diversified and synergized industrial system, and quality living space.The institute also issued a sustainable development index for the cities in the bay area and a case study report on Hong Kong and Macao youths' entrepreneurial efforts on the Chinese mainland.Compared with their predecessors, the Hong Kong and Macao youths who have started their business on the Chinese mainland hold higher academic backgrounds, are engaged in sectors with higher technology and provide products and services with higher added value, said Zhang Guangnan, assistant dean of the institute.They have been attracted by the world manufacturers and world market advantage of the Chinese mainland and bank on their international networks.On their challenges, Zhang said the policy support from the local governments should be better communicated and more tailor-made to facilitate entrepreneurship of Hong Kong and Macao youths on the mainland.? uv braceletrubber arm bandscheap silicone wristbandsmake your own rubber band braceletsrubber arm bands24 hour wristbands couponmotivational bracelets for athletes
THAAD, nukes thought to be key topics of talks between leaders President Xi Jinping and the Republic of Korea's new president, Moon Jae-in, talked about Beijing's "major concerns" and agreed in their first phone conversation on Thursday to meet at an early date, sending positive signals for the bilateral ties. Xi said it is hoped that the new ROK government will attach great importance to the relevant major concerns of China and take tangible actions to push for the healthy, stable development of bilateral ties. Moon said he fully understands China's major concerns, according to a news release from China's Foreign Ministry. Although the release did not elaborate on China's major concerns, observers noted that the call was made since Washington and Seoul have deployed the Terminal High Altitude Area Defense antimissile system in the ROK, a move that has angered Beijing and chilled China-ROK ties. Moon said the new ROK government will communicate with China over this and work hard to seek a proper solution. Xinhua quoted an ROK senior presidential press secretary as saying Moon will send special envoys to Beijing to discuss issues concerning THAAD and Pyongyang's nuclear program. He will dispatch separate delegations to discuss the two issues with their Chinese counterparts, the report said. The leaders will keep in contact and meet at an early date. The conversation was held a day after Xi sent a message congratulating Moon on his landslide election victory. Zhang Liangui, an expert in Korean studies at the Party School of the Central Committee of the Communist Party of China, said the inauguration of a new ROK president "offers a good chance for the China-ROK ties to improve, and the talk on Thursday enhanced the chances of such a trend". "There is a shared wish on both sides for some new changes over the ties, as the chilly relations have affected many fronts of bilateral exchanges, such as trade," Zhang said. Zhang said Moon's latest comments indicated possible damage control for THAAD, and the proposed talk with Beijing on THAAD itself "is already very valuable, as there has been scant official bilateral discussion on THAAD". Ruan Zongze, vice-president of the China Institute of International Studies, said the THAAD deployment is undermining policy coordination between China and the ROK on global and regional issues. "The impact on the economic front may eventually offset the great benefits that the two sides had once harvested," Ruan said. On the Korean Peninsula situation, Xi reiterated Beijing's position regarding nuclear weapons, saying China will work with all parties, including the ROK, to continue working for peace. Moon said Seoul is ready to work with Beijing to denuclearize the Korean Peninsula by resuming the Six-Party Talks.
