In recent years, under the leadership of the CPC Central Committee and the State Council and the direct command of the Leading Group for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Financial Stability and Development Committee under the State Council, the GBA has witnessed continuously enhanced connectivity in infrastructure and regulations, accelerated flow of key factors including capital, technology, talent and information, and constantly enhanced market integration.
To implement the decisions and arrangements of the central government and to continuously ramp up financial support for the GBA, the PBC worked with other financial regulators to jointly release the Opinions on Providing Financial Support for the Development of Guangdong-Hong Kong-Macao Greater Bay Areato advance financial connectivity in the Area in an orderly manner.