Guangdong Province, Hong Kong and Macao are brothers, relying on each other to realize long-term economic growth, Guangdong Governor Huang Huahua said Wednesday, urging broader cooperation between the three regions.

The total export and import trade volume of Hong Kong and Guangdong reached US$350 billion last year, benefiting the logistics industry of Hong Kong greatly, said Huang, also a deputy of the National People's Congress, at a press conference in Beijing. "We hope to transform the Greater Pearl River Delta into the most vibrant and competitive international economic zone in the world by 2020."

Huang reiterated that the Shenzhen-Hong Kong Western Corridor will be completed on time before July 1 this year and the Guangdong government will try to start the construction of the Hong Kong-Zhuhai-Macao Bridge as soon as possible.

The governor also revealed that China plans to build two strategic oil reserves in Guangdong.

"The planned reserves will be located in Huizhou and Zhanjiang cities in Guangdong, with a combined capacity of 10 million cubic meters," Huang told the press conference.

He didn't say when construction of the facilities would begin.

The Central Government is finalizing locations for its second batch of strategic oil reserves, which are aimed at averting any domestic energy supply crises.

Guangdong, Hainan island in the south and western Gansu Province have all been cited as possible sites for new strategic storage tanks, which China could fill with oil products and crude oil.

Editor: Yan