Shanghai, Hong Kong, Macao tighten youth ties
Updated: 2017-11-30

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The economic and development forum for young people from Shanghai, Hong Kong and Macao opens at the Shanghai Science Hall on Nov 23. [Photo by Liu Ying/Xinhua]

The annual conference for young people from Shanghai, Hong Kong and Macao began on Nov 23, fostering new perspectives on the regions' economy and development.

More than 200 young elites, government officials, entrepreneurs and scholars attended the event and shared their ideas for Creative Youth and Excellent Cities.

As the most prosperous regions in China, Shanghai, Hong Kong and Macao have long enjoyed close economic, cultural and educational ties. Hong Kong had invested $195 billion in 28,428 Shanghai projects by the end of 2016, while Shanghai had invested $31.9 billion in 1,727 Hong Kong projects.

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Representatives from Shanghai, Hong Kong and Macao onstage at Shanghai Science Hall, on Nov 23. [Photo by Liu Ying/Xinhua]

Shi Xiaolin, a senior official from Shanghai, illustrated the great development potential of the three cities.

"China has deepened its supply-side reform in recent years," Shi said. "Its efforts to optimize economic structure, especially to boost the digital economy, will help develop integration of the internet, big data, artificial intelligence and the real economy, and hence create dynamic changes in science and technology, industrial patterns and commercial modes."

"The presentation of the Belt and Road Initiative, as well as the establishment of the Guangdong-Hong Kong-Macao Greater Bay Area and Shanghai Pilot Free Trade Zone, also add momentum to the regions' development and, moreover, encourage young people to realize their potential on broader stages."

The event, initiated in 1999, stemmed from an economic and development forum targeting young people from Shanghai and Hong Kong. With Macao's performance garnering attention more recently, the three cities have made the event an annual gala for young people seeking to cooperate and exchange ideas.

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Lou Yongqi, head of the College of Design and Innovation at Tongji University, delivers a keynote speech at the forum. [Photo by Liu Ying/Xinhua]

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