Hong Kong Young Writers Anthologies Non-Fiction 2020 | Page 33

Hong Kong Young Writers Awards 2020 In conclusion, the ambitious Greater Bay Area plan will, without a doubt, lead to the prosperity of China. Given the strengths the Greater Bay Area has, such as the availability of a local labour force that is relatively low cost (compared with the other bay areas) yet becoming increasingly skilled, the rapidly growing talents in the prospective cities and their complementary strengths, the Greater Bay Area will have no problem developing further to overtake the other Bay Areas. Unfortunately, this dream of a utopia is not shared by all. Judging by the recent events in Hong Kong, it is not certain whether Hong Kong can remain as the primary financial/trading centre. However, considering the benefits both the US and China derive from leaving Hong Kong as it is, with the former enjoying favourable trade with Hong Kong, and the latter primarily from raising foreign currencies, it does not seem likely that Hong Kong will lose its critical role as an international financial centre. Either way, the GBA blueprint seems promising and will definitely propel China into a future of innovation and new developments. It could be a utopia for those who dreamt it, but this dream is not shared by all. 216