The Greater Bay Area

What is the Greater Bay Area (GBA), and what benefits will it bring for Hong Kong and the other cities in the Pearl River Delta?

Exploring GBA Business Opportunities

Investors should be aware of favourable tax policies in certain sectors and support for green development in the Greater Bay Area

Mission to Shenzhen

Members get an update on technology developments and meet some of the city’s new generation of entrepreneurs

GBA in Action

The Greater Bay Area initiative is already having a visible impact as new industrial parks and transport networks help transform the GBA into a modern engine for growth, write Helen Sloan and Scarlet Qian


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Greater Bay Area Survey

A survey on key drivers for success

Businesses overwhelmingly support China’s Greater Bay Area initiative, according to a YouGov survey commissioned jointly by KPMG and the Hong Kong General Chamber of Commerce. The two-month survey was conducted in June and July 2017 and received responses from 614 business executives in Hong Kong (410), Guangzhou (91), Shenzhen (82) and other GBA cities (31).

Of the total respondents, close to 65 percent were at a senior management level, while around 35 percent were middle management or below. The companies they represent were from a wide range of industries, including manufacturing (157), distribution (143), e-commerce (73), retail (70), logistics (58), and others. The idea of Hong Kong, Macau and Guangdong working together to create GBA resonated with the survey respondents with 80 percent indicating their support for integrated development across the region.

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Exploring GBA Opportunities in Zhaoqing and Zengcheng

PC Yu, Chairman of the Chamber’s China Committee, led a 34-member delegation to Zhaoqing and the Zengcheng Qiaomengyuan Overseas Chinese Entrepreneurs Industrial Zone in Guangzhou - both located within the Greater Bay Area - on 24-25 May. Delegates had the opportunity to exchange views during meetings with local leaders and officials on the latest development and cooperation between Hong Kong and Guangdong. The delegation also visited Zhaoqing New District, Chengfu Rehabilitation Project, Seven Star Crags scenic area and the Zhaoqing Hi-tech Development Industrial Zone.
 

Greater Bay Area: Visit to Shenzhen Innovation and Technology Industries

Home to more than 10,000 high-tech firms, Shenzhen today is truly a “city of innovation.” It is a key base for advanced R&D and manufacturing in the Mainland, and is particularly known for its world-class technologies in drones, DNA sequencing, monitors and 4G technology. Companies that have set up headquarters or R&D facilities in the city include many well-established high-tech enterprises, and the number of start-ups choosing Shenzhen as their base has also risen in recent years. Chamber Chairman Stephen Ng and China Committee Chairman PC Yu led a 40-member delegation to visit Shenzhen on 25 April to learn more about the latest developments, as well as the positioning of the city in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

Greater Bay Area: An update on Zhuhai

At a full house roundtable luncheon on 20 April, speakers from government, academic and business points-of-view shared with members the latest investment environment and policies in Zhuhai. As part of the Greater Bay Area, Zhuhai is striving to establish itself as an innovation-driven city complemented by high-end manufacturing. It is also focusing on areas such as ship and oceanic engineering, aviation and aerospace, rail transport and electric vehicles.

HKGCC Delegation to Greater Bay Area: Dongguan

PC Yu, China Committee Chairman, led a business mission to Dongguan from 22 to 23 March. Members visited OPPO Mobile Telecommunications, Tianan Cyber Park and Lianke International Information Industrial Park, among others.