The Hong Kong University of Science and Technology (HKUST) has started a new chapter as The State Ministry of Education (MoE) has approved its application for proceeding to establish The Hong Kong University of Science and Technology (Guangzhou) (HKUST(GZ)). The new campus will synergize with and maintain the same academic standard as that of its Clear Water Bay (CWB) counterpart. HKUST(GZ) will nurture talent and facilitate collaboration amongst Hong Kong, the Greater Bay Area (GBA) and beyond on education, research and commercialization, while strengthening knowledge transfer to bridge Hong Kong’s gap in high-tech manufacturing.

Greater Bay Area

The Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area) comprises the two Special Administrative Regions of Hong Kong and Macao, and the nine municipalities of Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing in Guangdong Province. The total area is around 56 000 km2. At end 2018, the total population is over 71 million, the GDP is USD 1,642.5 billion and GDP per capita is USD 23,342.

The development of the Greater Bay Area is accorded the status of key strategic planning in the country's development blueprint, having great significance in the country's implementation of innovation-driven development and commitment to reform and opening-up. The objectives are to further deepen cooperation amongst Guangdong, Hong Kong and Macao, fully leverage the composite advantages of the three places, facilitate in-depth integration within the region, and promote coordinated regional economic development, with a view to developing an international first-class bay area ideal for living, working and travelling.