Since the beginning of the year, the Central Committee of the Communist Party of China and the State Council have successively introduced plans or programs for major cooperation platforms, making the framework of the major cooperation platform system, which is centered on the Hengqin-Macao In-Depth Cooperation Zone, the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Guangzhou Nansha, and the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, clearer and more complete.

Guangdong deepens comprehensive reforms in "five external linkages" - foreign trade, foreign investment, outsourcing, foreign economic cooperation, and foreign intelligence - focusing on optimizing the structure of foreign trade, building an integrated domestic and international economic and trade network, enhancing the alignment of rules and mechanisms, accelerating the formation of new advantages in international cooperation and competition, and exploring paths for expanding high-level open development.

◆ In the first three quarters of the year, Guangdong's foreign trade import and export contributed more than % to the national foreign trade growth.

◆ Unlike the initial phase of reform and opening up, which relied on geographical and cost advantages to attract foreign investment, Guangdong is now focusing on creating a "strong magnetic field" for business environment, actively attracting high-quality multinational enterprises to deepen their development, and continuously upgrading its investment structure.

◆To optimize its external economic layout, Guangdong has implemented the "Guangdong Headquarters + Overseas Manufacturing Base" development model, guiding the orderly investment and layout of its advantageous industries and enterprises in Southeast Asia, Europe, and Africa.

◆ "We enhance the construction and layout of inland ports, improve the efficiency of multimodal transport and the level of comprehensive services, bringing international ports to the 'doorstep' of inland customers."

◆作为全球化工巨头，巴斯夫选择将科研创新平台落地广东，具有风向标意义，其背后的战略深意耐人寻味。作为全产业链布局的重要组成部分，与科研创新平台相伴生的人才链，是广东探路高水平对外开放的关键一步。 Article by "Outlook" News Weekly reporters Xiao Wenfeng, Zhan Yijia, Ding Le

Openness is a distinctive hallmark of Chinese-style modernization.

High-level deployment and supportive policies have been rolled out one after another. In [year], the State Council issued the "Plan for Further Deepening the Reform and Opening-up of the China (Guangdong) Pilot Free Trade Zone," granting the free trade zone greater autonomy in reforms. In [year], the CPC Central Committee and the State Council issued the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area," further enhancing the role of the Greater Bay Area as a support and leading force in national economic development and opening-up. Since [year], the CPC Central Committee and the State Council have consecutively introduced plans or programs for major cooperation platforms, making the framework of the major cooperation platforms, including the Hengqin-Macao In-Depth Cooperation Zone, the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Guangzhou Nansha, and the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, clearer and more comprehensive.

Issuing the "Action Plan for the Promotion Strategy of the China (Guangdong) Pilot Free Trade Zone," and the "Opinions on Implementing the 'Five External Linkages' to Advance High-level Opening-up"... Following the direction set by General Secretary, Guangdong has deepened comprehensive reforms in foreign trade, foreign investment, outsourcing, foreign economic relations, and foreign intelligence, focusing on optimizing the structure of foreign trade, building an integrated domestic and international economic and trade network, strengthening the alignment of rules and mechanisms, accelerating the formation of new advantages in international cooperation and competition, and exploring paths for expanding high-level opening-up.

From January to September, Guangdong's foreign trade import and export contributed more than % to the national foreign trade growth. From January to October, Guangdong's non-financial direct investment abroad amounted to $. billion, and the completed business turnover of foreign contracted projects reached $. billion; from January to October, the province established new foreign direct investment enterprises, an increase of .% year-on-year.

In the new era and on the new journey, the tide of openness, integration, transformation, and innovation surges forward. Facing the future, Guangdong is continuously improving the high-level open economy system, constantly gaining advantages, initiative, and a promising future in high-level openness.

采购商在第 136 届广交会家电展区洽 谈采购（2024 年 10 月 15 日摄） 刘大伟摄 / 本刊Be a "pillar" for the development of open economy.****

Thousands of years ago, Chinese silk made its way to the world along the Maritime Silk Road from the coast of the South China Sea; in the past decade, made-in-China products have crossed the oceans to reach the globe through cross-border e-commerce from the Guangdong-Hong Kong-Macao Greater Bay Area.

Through continuous optimization of trade structure and fostering new drivers for foreign trade, Guangdong has seen a new trend of mutual promotion and dual strength in both domestic and foreign trade, as well as domestic and foreign investment. In the year, Guangdong's total foreign trade import and export volume surpassed the trillion yuan mark. Currently, it has accumulated over 100,000 foreign-invested enterprises, with actual use of foreign capital reaching nearly 100 billion US dollars; indicators such as service outsourcing execution amount, foreign investment amount, and the number of overseas talents introduced are all among the top in the nation.

Cultivating New Foreign Trade Formats and Enhancing New Advantages in International Trade. Thousands of overseas buyers watched, nearly a hundred potential clients connected – at the 130th Canton Fair, Shenzhen Xizhiwang Technology Co., Ltd. achieved results far beyond expectations for the first time by live streaming on Alibaba International Station. "By integrating offline exhibition with online live streaming, we quickly reached buyers, as if we were holding a global press conference!" said Cheng Mo, General Manager of Xizhiwang.

This is a snapshot of Guangdong's foreign trade achieving new growth through new business forms such as cross-border e-commerce.

Targeting the pain points and bottlenecks in the development of new foreign trade models, Guangdong has successively introduced special policies such as the "High-Quality Development of Cross-Border E-Commerce," "High-Quality Development of E-Commerce," "High-Quality Development of Overseas Warehouses," and "Sustainable and Stable Development of Cross-Border E-Commerce." These policies have achieved full coverage of cross-border e-commerce comprehensive pilot zones across all prefecture-level cities in the province.

Numerous traditional foreign trade factories are leveraging cross-border e-commerce to open new channels for foreign trade and even build their own brands, continuously climbing to higher positions in the value chain. "The cross-border e-commerce platform under Pinduoduo Group has penetrated into more than 100 manufacturing industry clusters in Guangdong, Zhejiang, and other regions in China, promoting high-quality products to enter multiple countries and regions around the world," said Fan Jiezhen, co-founder of Pinduoduo.

The total import and export volume of cross-border e-commerce in Guangdong Province has surged from RMB X billion in the year to RMB X billion in the year, with an average annual growth rate of X.X%, accounting for more than X/X of the national total.

New business forms have facilitated the simultaneous progress of traditional and emerging industries, with both the "old three" and "new three" sectors thriving, driving a strong growth in Guangdong's exports. Zhang Ke, Deputy Director of the Guangdong Sub-administration of the General Administration of Customs, introduced that in the first three quarters of the year, Guangdong's foreign trade import and export reached 7.62 trillion yuan, a year-on-year increase of 1.3%, contributing 20.6% to the national foreign trade growth, playing a leading role in the national foreign trade landscape.

High-quality foreign investment attraction, continuous upgrading of investment structure. On the day, the project of Daikin Industries, Ltd.'s South China Air Conditioning Production Base in Boluo County, Huizhou City, held its official production commencement ceremony. The project has a total investment of 1.7 billion yuan, and upon full completion, it will be Daikin's largest air conditioning production base in China.

"We have established a multi-connected air conditioning production base in South China specifically due to the favorable conditions here in terms of industrial clusters, professional talents, and business environment," said Yasuhiro Ishikawa, Managing Director of Daikin Air Conditioning (Huizhou) Co., Ltd.

Focusing on ensuring national treatment for foreign-invested enterprises in aspects such as access to factors of production, qualification licensing, standard setting, and government procurement, Guangdong has successively introduced high-quality measures to attract foreign investment, including the Foreign Investment Regulation, the Foreign Investment Stability Regulation, the Measures to Encourage Multinational Corporations to Establish Regional Headquarters, the Foreign Investment Rights Protection Regulation, the Investment Promotion Regulation, and the New Round of Foreign Investment Incentive Policies, emphasizing the enhancement of investment attraction.

In the first half of the year, Guangdong province established 10,000 new foreign-invested enterprises, a year-on-year increase of 40.6%; the actual utilization of foreign capital reached 70.22 billion yuan, with 21 large projects exceeding 100 million U.S. dollars, and the absorption of foreign capital from developed countries and regions such as Europe, the United States, Japan, and South Korea increased by 10.4% year-on-year.

Unlike the initial phase of reform and opening up, which relied on geographical and cost advantages to attract foreign investment, Guangdong is now focused on creating a "strong magnetic field" for business environment, actively attracting high-quality multinational enterprises to deepen their development, and continuously upgrading the structure of investment attraction.

Since then, Guangdong has implemented targeted industrial chain investment promotion around key areas such as biomedicine, new energy storage, artificial intelligence, and low-altitude economy; introduced new foreign investment incentive policies, improved the direct communication mechanism between provincial leaders and multinational companies, organized on-site investment promotion activities at the provincial and municipal levels, and created an attractive policy environment. In the field of biomedicine alone, Guangdong has held multiple investment promotion events, signed projects totaling billions of yuan in investment, and attracted the establishment of headquarters and foreign R&D centers by hundreds of multinational companies.

Currently, Guangdong's actual utilization of foreign capital has consistently exceeded $10 billion for consecutive years, with over 500 Fortune Global 500 companies investing and setting up operations in the province.

Outsourcing Services Enhance Efficiency and Quality, Building the "World's Office." "This is so cool!" exclaimed Raul Lopez Parra, a businessman from Mexico, as he sat in the passenger cabin of an electric vertical takeoff and landing aircraft. "It has great potential in Mexico, especially for entrepreneurs who want to improve efficiency and shorten commuting time." At the China International Fair for Trade in Services, the drones from EHang, a representative enterprise of Guangdong's low-air economy industry, became a hit. Other "Cantonese" smart manufacturing products, such as the naked-eye holographic fan screen, intelligent spinal adjustment robots, and industrial glasses, also attracted significant interest from merchants from various countries with their rich application scenarios.

In recent years, Guangdong has been making efforts to promote the development of service trade, driving the construction of a national service outsourcing city cluster in the Pearl River Delta, consolidating and upgrading traditional service trade sectors such as tourism, transportation, culture, and traditional Chinese medicine, and accelerating the development of high-value-added service trade areas such as finance and insurance, management consulting, technology trade, intellectual property, and bonded maintenance, aiming to build a service outsourcing hub region with global influence.

In the first half of the year, the total value of Guangdong's service trade reached USD 100 billion, an increase of 10% year-on-year, accounting for 10% of the national total. Among them, the import and export of knowledge-intensive services grew rapidly, with a total value of USD 50 billion, up 20% year-on-year, accounting for 50% of the total.

Next, Guangdong will continue to enhance the energy levels of the national service outsourcing demonstration cities such as Guangzhou, Shenzhen, and Foshan, cultivate provincial digital service export bases, and promote the construction of outsourcing public service platforms; attract and cultivate a group of global outsourcing giants, leading Chinese service outsourcing enterprises, and top 100 companies, and drive at least 100 service outsourcing enterprises to transform into digital trade leading companies.

Workers at the GAC Aion Thailand Smart Factory in Rayong Province, Thailand (Photo taken on [Year] [Month] [Day]) by Sun Weitong / This Journal

Strengthening the "Connecting Ground" for Domestic and International Dual Circulation

Launching measures to stabilize the economic foundation and promote growth, export of new energy storage products, intermediate goods trade, integration of domestic and international trade, cross-border e-commerce... Guangdong is pooling the efforts of the entire province to build an integrated economic and trade network that connects both domestic and international markets. It is simultaneously advancing the construction of both soft and hard infrastructure, focusing on optimizing the province's open development layout, and constructing an international economic and trade network that is globally oriented, internally and externally integrated, and open and accessible. The aim is to strengthen Guangdong's role as a "linkage hub" for the dual circulation development pattern.

"Sea, land, and air" efficient interconnection, logistics network seamlessly integrated. On a certain date, a batch of goods weighing approximately 100 tons was shipped from the Czech Republic, boarded a cargo vessel in Hamburg, Germany, and set sail for Guangzhou's Nansha Port. Before the vessel's departure, enterprises could "declare in advance" to Nansha Customs, completing customs clearance procedures such as document review before arrival at the port, allowing direct release upon arrival at the Nansha port, followed by land transport to the Guangzhou Baiyun Airport Comprehensive Bonded Zone for storage. The process from "declaration—release—transport" was completed in one go, significantly enhancing efficiency.

The Pearl River waterway sees a constant flow of cargo ships; the China-Europe freight trains are accelerating; the airport clusters in the Greater Bay Area have planes crisscrossing... Focusing on enhancing connectivity and smoothness of transportation infrastructure, Guangdong is expediting the construction of an international logistics corridor that integrates sea, land, and air transportation.

By adjusting and optimizing the combination methods, Guangdong has continuously enhanced the integrated efficiency of various logistics and transportation infrastructure networks, making the open logistics corridors increasingly smooth in their efficient interconnection across "sea, land, and air" and in the multi-modal transportation of "air, rail, water, and road." From January to October, only Guangzhou Port saw its container volume for sea-rail intermodal transportation exceed the total for the entire year of 2022, with a year-on-year increase of 100%, maintaining a good growth momentum.

Today, Guangdong has built about a certain number of 10,000-ton berths and a number of billion-ton ports; it has opened more than a certain number of international container shipping routes, covering major trading ports worldwide; it has constructed airports such as Guangzhou Baiyun and Shenzhen Bao'an, with a certain number of general aviation airports on record, and the general aviation industry has begun to take shape.

Local R&D + Overseas Production, Laying Out a Global Economic and Trade Network. Shenzhen Transsion Holdings Co., Ltd. is increasing its technological investment for the African market, with its wholly-owned subsidiary in Ethiopia and large-scale production and manufacturing center now operational. By providing localized services, it meets the growing business demands, and its products are highly acclaimed in Africa.

Since January, GAC Aion has officially entered Indonesia, GAC Group's first CKD (Completely Knocked Down) project in Malaysia has started small-scale production, and Aion's Thailand factory has obtained the bonded zone operation license, becoming its first bonded factory overseas.

……

More and more Guangdong enterprises are building a transnational business network through models such as "local R&D + overseas production" and "domestic headquarters + global layout," gradually establishing an economic and trade network that is rooted domestically, radiates to the surrounding areas, and connects globally.

The relevant official from the Department of Commerce of Guangdong Province introduced that to optimize the layout of foreign economic cooperation, Guangdong has implemented the development model of "Guangdong headquarters + overseas manufacturing bases", guiding the province's advantageous industries and enterprises to invest and layout in Southeast Asia, Europe, Africa, and other regions in an orderly manner. Currently, provincial-level overseas economic and trade cooperation zones have been cultivated in countries such as Vietnam, Nigeria, and Poland. In the year, the province's foreign investment reached USD billion, with a growth rate of %.

During the China (Guangdong) and GCC Countries Economic and Trade Matching Event held during the Canton Fair, journalists learned that Guangdong is actively promoting cross-border e-commerce leaders to improve their international marketing networks and establish overseas warehouses in the Gulf Cooperation Council (GCC) countries. The import and export trade volume between the two sides has already approached RMB 100 billion in the first few months of the year, with a year-on-year growth rate of 20.4%.

Optimize regional synergy and expand the layout of openness. Not long ago, the first fully loaded train carrying printers, labor protection supplies, and second-hand cars departed from Shaoyang East Freight Yard, heading towards Yantian Port, and subsequently exported to multiple countries in Asia, Africa, and Europe. With the unveiling of the Shaoyang Inland Port, Shenzhen Port has now accumulated the operation of inland ports, covering five provinces and municipalities including Guangdong, Hunan, Jiangxi, Guizhou, and Chongqing.

"We are enhancing the construction and layout of inland ports, improving the efficiency of multimodal transport and the level of comprehensive services, bringing international ports right to the doorsteps of inland customers," said a relevant official from the Shenzhen Transportation Bureau.

Opening up to the domestic market and opening up to the international market are closely interconnected organic entities. From supporting Ganzhou's integration into the construction of Shenzhen's global logistics hub, to actively building an industrial collaboration system of "R&D in the Guangdong-Hong Kong-Macao Greater Bay Area + Manufacturing in Guangxi + ASEAN Market," Guangdong has taken the initiative to strengthen inter-provincial cooperation mechanisms, deepen domestic economic ties, and expand economic depth.

Facing the future, Guangdong is strengthening the linkage between the Guangdong-Hong Kong-Macao Greater Bay Area and other major regional strategies such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Hainan Free Trade Port, and the Chengdu-Chongqing region's Twin Cities Economic Circle. It is leveraging mechanisms like the East-West Cooperation, counterpart support, and counterpart cooperation; seizing the opportunities of the construction of the Western Land-Sea Corridor, and playing the role of a bridgehead for connecting with ASEAN; advancing together with Hainan, and promoting the coordinated high-quality development of the Qiongzhou Strait.

Facing profound changes in the international environment, our country urgently needs a high-quality internal circulation based on the domestic regional large market. Zheng Yongnian, Dean of the School of Public Policy at The Chinese University of Hong Kong, Shenzhen, believes that as an economically powerful province, Guangdong has both the responsibility and the capability to exert a radiating and diffusing effect on neighboring provinces and regions, which is also what these neighboring provinces and regions need for their development.

A China-Europe freight train (Shenzhen) loaded with household appliances such as dishwashers, electric ovens, and robot vacuum cleaners departed from the Pinghu South National Logistics Hub in Shenzhen, to be subsequently transported through the Alashankou Port to Russia (photographed on [year] [month] [day]). Photo by Li Yanwei / This Magazine.

Dare to be the "trailblazer" in institutional opening-up.

Guangdong is focusing on strengthening the alignment of rules and mechanisms, enhancing the functionality of internal and external connectivity, and deepening cooperation with Hong Kong and Macau. It is vigorously cultivating leading enterprises such as industrial chain giants, large platform companies, and local multinational corporations, attracting more innovative and international talents, and better allocating global resources to participate in global competition.

Strengthen the Greater Bay Area mega-platform, creating a new highland for opening up to the outside world. The Hengqin-Macao In-Depth Cooperation Zone, the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Guangzhou Nansha, the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone, the China (Guangdong) Pilot Free Trade Zone, and various large-scale exhibitions are important opening platforms for Guangdong. Relying on these platforms, Guangdong fully leverages the role of institutional innovation and experimental fields for opening up and pressure testing.

In the Hengqin-Macau Deep Cooperation Zone, Macao single-license vehicles are a common sight.

Since the establishment of the Cooperation Zone three years ago, the overall operation of the Guangdong-Macao co-construction, co-management, and shared governance mechanism has been smooth, with significant agglomeration of innovative elements, accelerated development of distinctive industries, and orderly connection of public services and social security systems with those of Macao. This was stated by Fu Yongge, Deputy Director of the Executive Committee of the Cooperation Zone.

From midnight on the specified date, the Hengqin-Macao Deep Cooperation Zone officially implemented the differentiated management measures for goods, with "first line" open and "second line" controlled. Since the implementation of differentiated management until the specified date, the number of people passing through the "first line" Hengqin Port exceeded 10 million, with over 1 million vehicles passing through, and approximately 1.7 million Macao residents quickly cleared through the new residential area channel; over 1 million vehicles were cleared out of the zone through the "second line" channel. After the implementation of the "differentiated management policy in the financial sector," by the end of the specified month, nearly 10,000 multi-functional free trade (FT) accounts were established in the cooperation zone, with cumulative cross-border fund transfers exceeding 100 billion yuan between the "first line" and "second line."

Not only Hengqin. Qianhai has taken the lead in piloting cross-border civil and commercial legal services, implementing the "Hong Kong-funded, Hong Kong-law" and "Hong Kong-funded, Hong Kong-arbitration" policies; Nansha is advancing the full implementation of pilot measures for aligning with high international standards to promote institutional opening-up, taking the lead in exploring cross-border trade and investment with high-level opening-up pilots, climate investment and financing pilots, and other businesses; Hekou is exploring an efficient and convenient regulatory model for the cross-border flow of innovative elements, expected to complete a total of four aspects including the regulatory models for the cross-border flow of innovative scientific researchers, scientific research goods, scientific research funds, and scientific research data.

In recent years, the China (Guangdong) Pilot Free Trade Zone has focused on areas such as investment and trade facilitation, financial opening-up and innovation, and cooperation among Guangdong, Hong Kong, and Macau, breaking through bottlenecks, unblocking blockages, and invigorating the entire system. To date, the Free Trade Zone has accumulated institutional innovation achievements, with items replicated and promoted nationwide, accounting for .% of the national centralized replication and promotion results, exceeding /. The Free Trade Zone currently has over , enterprises, attracting investment projects from of the world's top companies, and has attracted headquarters enterprises.

Deepening the alignment of rules and mechanisms, expanding institutional-type openness. As one of the first batch of Qianhai's investment attraction "partners," Hua Shang Lin Li & Li (Qianhai) Joint Law Firm has witnessed and benefited from the fruitful results of Qianhai's institutional innovation.

After relocating to the International Arbitration Building, where the legal services industry is relatively concentrated, our rent was discounted by 30% off the market price, significantly reducing our costs. Without any concerns about expenses, we will continue to focus on business involving Hong Kong, Macao, and foreign affairs," said lawyer Wang Min of the law firm.

Hong Kong and Macao lawyers practicing in Mainland China are a reflection of the efforts to align rules and mechanisms in areas such as cross-border flow of elements, business environment, and people-to-people integration in the Greater Bay Area.

After the pilot implementation of the talent visa for traveling between Mainland China and the Hong Kong and Macao Special Administrative Regions, by the end of the year, over 10,000 high-level professional talents from Mainland China have been approved for the talent visa, effectively facilitating the convenient travel of various talents within the Greater Bay Area; the launch of the Guangdong-Hong Kong "Cross-border Convenience" service zone and the "Bay Connect" platform has provided over a hundred livelihood services for residents of the Greater Bay Area, with the "Bay Connect" platform also launching the "Overseas Visitors Service Zone" during the 134th Canton Fair, serving over 10,000 overseas merchants; the "Hong Kong and Macao Pharmaceutical and Medical Device Access" program has been continuously promoted, with the number of designated medical institutions reaching 19, achieving full coverage in all 9 mainland cities of the Greater Bay Area, better meeting the needs of the public for medicines and medical devices.

Zhu Wei, Executive Deputy Director of the Guangdong-Hong Kong-Macao Greater Bay Area Office, stated that the Greater Bay Area will take further comprehensive and deepened reform and opening-up as the fundamental driving force. It will continuously advance the alignment of rules and mechanisms in the Greater Bay Area, promote the establishment of a regular communication mechanism among Guangdong, Hong Kong, and Macao, focus on hot and difficult issues of concern to the public, push for the implementation of a series of landmark policy matters, and facilitate the efficient and convenient flow of various elements through "points" to drive "surfaces", thereby effectively enhancing the level of market integration in the Greater Bay Area.

Attracting Investment and Retaining Talent: A "Strong Magnetic Field" Leading to Higher Value Chains. On a certain date, BASF (Guangdong) Integrated Base Technology Center was officially inaugurated. This marks BASF's first corporate research and innovation platform established in South China, where the company's global innovation team, composed of experts and engineers, began to gather in Zhanjiang.

This will further enhance BASF's innovation capabilities in South China. Dr. Martin Brudermüller, Chairman of the Executive Board of BASF SE, stated that BASF is optimistic about Guangdong and investing in Guangdong, aiming to focus on the development of the entire green petrochemical industry chain, further deepening cooperation in areas such as technological innovation, process research and development, environmental protection, and intelligent manufacturing, to drive the achievement of more cooperation results.

As a global chemical giant, BASF's decision to establish its research and innovation platform in Guangdong serves as a significant indicator, with profound strategic implications behind it. As an integral part of the overall industrial chain layout, the talent chain accompanying the research and innovation platform is a crucial step for Guangdong in exploring high-level openness to the outside world.

Foreign capital is brought in, and foreign intelligence is retained. Today's Guangdong is more eager than ever for talent, and also more capable than ever of realizing the potential of talent.

Shenzhen Siemens Energy Global Innovation Center, ExxonMobil Daya Bay R&D Center... Guangdong encourages and guides more foreign investment to flow into the field of technological innovation, attracting a number of high-level foreign R&D institutions to establish operations. At the same time, relying on major platforms, key institutions, and leading enterprises, it aims to attract more "high-end, sophisticated, and scarce" talents, and to introduce and cultivate more professionals in international trade, investment, logistics, exhibitions, and foreign-related legal affairs.

With the implementation of a series of policies such as personal income tax incentives, talent visas, professional qualification recognition, and cross-border research funding, Hong Kong and Macau universities have established new research institutions in the Mainland Bay Area. Joint laboratories with Guangdong, Hong Kong, and Macau have been established, forming new advantages in talent openness. In the year, Guangdong had . million valid foreign talent certificates.

A spokesperson from the Department of Human Resources and Social Security of Guangdong Province stated that Guangdong will continue to deepen cooperation with Hong Kong and Macau, aiming to develop the Greater Bay Area into an ideal place where talents can innovate, create, and achieve great success.

Opening stands at the forefront, development leads the way. At the new historical starting point, leveraging the traditional advantage of promoting reform through openness, implementing more comprehensive, high-quality, and global policy measures, and promoting high-level opening-up from multiple dimensions will undoubtedly further expand the development level and strategic space of the modernization practice in Guangdong, China.

At the 25th China Hi-Tech Fair held in Shenzhen, merchants exchanging at the Polish booth (photographed on [year] [month] [day]) by Mao Siqian / This publication

END

Source: "Outlook" Issue No.

监      制：李晓明
责任编辑：乐艳娜编      辑：张海鑫