Hong Kong and Guangdong should accelerate the integration of their services industries, Greater Pearl River Delta Business Council Chairman Dr Victor Fung says.

The future will hold unlimited possibilities for Hong Kong if it can leverage its strength in services industries and integrate with the Pearl River Delta to form a strong economic region.

He believed the Outline of the Plan for the Reform & Development of the Pearl River Delta 2008 to 2020 will bring many development opportunities for Hong Kong-Guangdong co-operation.

The council published its 2008-10 term report today. It proposes Hong Kong and Guangdong authorities increase the number of 24-hour boundary crossings as soon as possible in view of the surge of travellers from both places. One-stop customs clearance services and more Express e-Channels should also be provided to enhance clearance efficiency.

In the report the council said the two governments can jointly submit concrete proposals to Beijing with a view to elevating co-operation to the level of national strategy and having them incorporated into the National 12th Five-year Plan.

Chief Executive Donald Tsang said he is pleased to note the council has put forth very constructive views on major areas relating to Hong Kong-Guangdong co-operation, adding the private sector's participation is crucial to the development of the two places.

Click here for the term report.