In the past, Hong Kong's economic hubs were concentrated in the Admiralty area of Central, but with the changes in the global economy and the vision of the development of the Greater Bay Area, the situation will gradually change.
In terms of residential development, the development of Kwu Tung in the "Northern Metro Area" is an additional new town in the middle of Sheung Shui and Tin Shui Wai, which should not be a problem in terms of development.
There are many successful examples of new town development in Hong Kong, such as Shatin, Sheung Shui and Fanling.
One of the key points of the new town is to be self-sufficient and provide employment opportunities. If the Kwu Tung area can be integrated into the Greater Bay Area in the future, it can complement the nearby technological support and have cross-border employment opportunities to Qianhai.
When it comes to business development opportunities, another goal of the "Northern Metro Area" is to slowly relocate Admiralty and Central to the north to connect with the mainland and integrate Shenzhen and Hong Kong to become the next new CBD.
Hong Kong's economy has always been externally oriented, and will change due to the international situation, as seen in the current global atmosphere, many foreign-invested economic activities in Hong Kong in the past, I believe the next few years will slowly close to the Mainland.
To match the development of the country's Greater Bay Area, if the economic center stays in Admiralty and Central, the distance is relatively far.
The key to this policy address is more practical, because the development of the metropolitan area, but also the development of transport support.
The "Northern Metropolis" can connect the existing financial facilities between the Mainland and Hong Kong, and can be connected by technology, and can also rely on transport support to close the distance, so that the whole development is better.