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Hong Kong launches projects for youth to seek opportunities in Greater Bay Area

2021-03-01 14:51

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HONG KONG, March 1 (Xinhua) -- The Hong Kong Special Administrative Region (HKSAR) government Friday launched three projects aimed at encouraging young people to seek opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

When addressing a ceremony, HKSAR Chief Executive Carrie Lam said the GBA will provide Hong Kong with infinite opportunities and the government encourages various sectors, in particular young people, to participate in the GBA development.

The projects came amid the second anniversary of a national master plan on GBA development.

The projects include a 130-million-Hong Kong dollar (16.76 million U.S. dollars) scheme expected to fund 230 startups and provide incubation services to over 4,000 young entrepreneurs and a short-term program that will allow some 700 young people to experience the process of setting up businesses at GBA bases.

The last one is an employment scheme under which the HKSAR government subsidizes enterprises dispatching college graduates to work in mainland GBA cities. As far, about 200 businesses have joined the scheme.

Zhang Xin, vice governor of Guangdong province, delivered a speech online and vowed full support for Hong Kong youth studying and working in the province. Nearly 600 teams from Hong Kong and Macao are setting up businesses in Guangdong, and more than 4,000 people are working there.
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