On the morning of September 29, the Greater Bay Area Fund of Funds Launching Conference and the signing ceremony of the strategic cooperation agreement of various special funds were held simultaneously in Zhuhai, Hong Kong and Beijing. 

Dr. Jonathan Choi, Standing Committee Member of CPPCC, Chairman of Guangdong-HK-Macao Bay Area Entrepreneurs Union, President of the Chinese General Chamber of Commerce, and Mr. Huang Zhihao, Deputy Party Secretary and Mayor of Zhuhai, attended the event.

Dr. Choi pointed out that the development of the Guangdong-Hong Kong-Macao Greater Bay Area is a major national strategy, planned, deployed and promoted personally by General Secretary. To contribute to the construction of the GBA and the high-quality development of Zhuhai, GBAFOF and other special funds would be committed to promoting the financing and strengthening joint cooperation of resources and industrial projects at home and abroad.

Focusing on scientific and technological innovation, characteristic finance, cultural tourism, high-end education and traditional Chinese medicine industry, GBAFOF would carry out comprehensive cooperation with Zhuhai through establishing special funds, and promote the implementation of high-quality projects in Zhuhai. The first phase of fundraising equivalent to10 billion yuan has been completed to date.