(Yicai Global) Feb. 18 --China unveiled a blueprint for the Guangdong-Hong Kong-Macao Greater Bay Area on Monday.
According to the blueprint, building the Greater Bay Area comes as a latest attempt to enhance China's reform and opening-up policy, as well as a fresh practice of promoting the principle of "One Country, Two Systems".
The blueprint outlines short-term plans for the area until 2022 and long-term outlook for 2035.
The Greater Bay Area encompasses Special Administrative Region (SAR) of Hong Kong and SAR of Macao, as well as nine cities in southern China's Guangdong Province, including Guangzhou, Shenzhen, Zhuhai, Dongguan, Huizhou, Zhongshan, Foshan, Zhaoqing and Jiangmen.
The Greater Bay Area Initiative, which was first mentioned in China's 13th Five-Year Plan (2016-2020), plans to combine the three regions in order to turn it into one of the world's top bay areas and world-class city clusters.