The "Hong Kong and the Greater Bay Area" TV forum hosted by CGTN and supported by Hong Kong Polytechnic University wrapped up in Shenzhen on Tuesday. Panelists ranged from academics, researchers, business leaders and representatives from financial institutions attended the forum, discussed GBA's internationalization and integration.

Chen Qidong, CEO of the PolyU Shenzhen Base, was pleased with the region's environment for innovation. She told CGTN that "people are always encouraged to innovate here. Failure will be tolerated, and one can also receive strong support from the government."

The region has a good environment not only for innovation, but also entrepreneurship. Yu Xiaojie, founder of an educational institution said the government offers many help for companies here such as subsidiary for startups. She added that the stable political environment, strong economy, and good domestic demand also contributed a lot to the entrepreneurship upsurge in the Greater Bay Area.

A good environment for innovation and entrepreneurship is inseparable from good infrastructure, such as transportation. With the development of the transportation network, communication between cities becomes more convenient.

Cheung Honwan, a Hong Kong resident who has spent over 30 years living and working in Chinese mainland, was amazed at the development of the transportation network. He said, when people talk about the distance between two cities now, they usually talk about how many times they need to travel, not the actual distance, anymore.

Michael Sung, the co-director of the FISF Fintech Research Center at Fudan University, said the region's block chain, artificial intelligence, digital finance technology, as well as tech in other areas, are at the forefront globally and, through the international financial hub of Hong Kong, fintech movements are able to cross the border.

Sung calls the GBA as the "junction point of China", connecting the international ecosystem and the internal circulation and so will boost China's new dual circulation economic model.