Cross-border planning

On October 6, 2021, Chief Executive Carrie Lam attended the press conference of the policy address.

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Yan Baogang

Former Assistant Director of Cable and Director of Financial Information Channel. FB page “Financial Dismantling Bureau”-Introduction to Moneycafe 14 years ago: “The media is fundamentally difficult to be completely neutral. The same batch of data, sample interpretations, and whether it is good or bad has a preset position. It is important that we take the investor’s position Set off and work hard to tell the truth.” I never imagined that in Hong Kong today, we need the truth even more. (Www.facebook.com/FINANALYSIS2021)

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Regarding external concerns about whether the government, as previously reported by Reuters, has to change the rules of the game in the local property market and “slay” on developers, This policy address can only say that it is quite evasive.

The Chief Executive responded to comments from outsiders that the government avoids brownfields and is unwilling to touch the interests of land in the New Territories. She provided data that more than half of the brownfields have been included in multiple development projects. In the past two years, the government has cited the “Land Resumption Ordinance” and has recovered 90 hectares of land in the New Territories for development, which is far more than the 20 hectares in the previous five years. It is estimated that the government will recover up to 700 hectares of land in the next few years.

As it has been widely reported by the outside world before, the release of ancestral land in the New Territories seems to be the quickest short-term measure to scavenge land. It is estimated that currently 7,300 ancestral halls in Hong Kong hold 2,400 hectares of ancestral halls, which can be released soon. The land for housing construction in the New Territories, and the rural forces seem to cooperate with the authorities. They are willing to be “demolished the ancestral halls”, but they only demand more compensation.

There is also the “Land Sharing Pilot Project” that is also targeting developers to integrate and develop land in the New Territories. Recently, many developers have been willing to cooperate with the appeal of the central government. I believe this part It will only get faster and faster.

It is rumored that “Lantau Tomorrow” will be downplayed. Carrie Lam, who advocates in one hand, did not give up, and once again reiterated that the Kau Yi Chau artificial island will be reclaimed and the Victoria Harbour Metropolis will also be reclaimed. It will be expanded to include the “Lantau Tomorrow Vision” and separate labor from the northern metropolis, emphasizing that the former supports Hong Kong’s status as an international financial center, while the latter focuses more on the development of innovation and technology.

Come to the top priority of this policy address: “Northern Metropolis”.

The 300-square-kilometer “Northern Metropolis” includes two local administrative regions, Yuen Long District and North District, including Tin Shui Wai, Yuen Long, Fanling/Sheung Shui, etc. which are mature There are 6 new development areas, including Kwu Tung North/Fanling North, Hung Shui Kiu/Ha Village, Yuen Long South, San Tin/Lok Ma Chau, Man Kam To and New Territories North New Town.

The Chief Executive emphasized that the northern metropolitan area is the most active area for urban construction and population growth in Hong Kong in the next 20 years.

The northern metropolitan area is obviously much better than “Lantau Tomorrow” in terms of geographic location. It can greatly increase the land available for Hong Kong in a short period of time, and the transportation and supporting facilities are relatively easy to build.

But this northern metropolitan area is definitely not new. In the past several policy addresses have proposed large-scale development, especially in the area of ​​Kwu Tung and Hung Shui Bridge. Everyone knows that it is imperative.

What are the selling points of the northern metropolitan area?

“Strategies and guidelines that cross the administrative boundaries of Hong Kong and Shenzhen in terms of spatial concepts and strategic thinking.”

I think the northern metropolitan area is the largest ” “Breakthrough” is the first time that the SAR government has broken through the “One Country, Two Systems” framework, fully integrating Hong Kong’s future planning with the Mainland, and even joint planning, with opportunities for joint governance in the future. The situation is a bit of the shadow of Macau’s “Hengqin Guangdong-Macao Intensive Cooperation Zone”.

The Chief Executive emphasized that after the implementation of the National Security Law and the improvement of the electoral system, it will return to the right track and be more capable of integrating into the overall situation of the country’s development. The area delineated by the boundary is a large-scale urban space formed by the interaction of geographical features, economic functions, ecological environment, transportation links, and development policies.

She also said that in order to effectively build the northern metropolis, the SAR government must upgrade high-level supervision, strengthen cross-bureau and cross-departmental collaboration, and closely liaise with the Shenzhen government to jointly promote related projects.

In the implementation details, the government will study the details of the implementation mechanism in detail. One possibility is that the next government will establish the position of deputy secretary, responsible for leading the “Northern Metropolis” and ” Large-scale regional development such as “Lantau Tomorrow Vision”.

It is worth noting that Carrie Lam also advocated the “Two Cities and Three Circles”. The “Two Cities” are Hong Kong and Shenzhen; the “Three Circles” are the high-quality development of Shenzhen Bay from west to east. Circle, Hong Kong-Shenzhen close interaction circle and Dapeng Bay/Yinzhoutang Ecological Recreation Tourism Circle.

This approach of strengthening close ties with Shenzhen, the policy address did not include “clear swords and guns” in a chapter or deliberately emphasized it, but it has been implemented in different parts of the report.

The reason why the “Hengqin Guangdong-Macao Intensive Cooperation Zone” has attracted the attention of the outside world is that the cooperation zone has achieved common governance in administration and has been upgraded to the same level as Zhuhai City. Under the leadership of the Bay Area Construction Leading Group, the Cooperation Zone Management Committee was established, with the Governor of Guangdong Province and the Chief Executive of the Macao Special Administrative Region jointly serving as the director of the Management Committee.

In terms of the application of law, the Hengqin Cooperation Zone proposes to gradually build a system of civil and commercial rules that connects Macau and the international community under the premise of following the Chinese Constitution and Macau’s Basic Law.

The headline of the policy address is “Working Together, Creating the Future”, which seems to be replaying the old tune, but the point is, what kind of “future” will it lead us to?

#施政报#北都市区#Across Hong Kong and Shenzhen

Originally published in Financial Demolition Bureau

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