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 Pear River Delta?

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

Dongguan's Ever-changing Development

Members visited Dongguan, a key city in the Greater Bay Area

Greater Bay Area: An Update on Zhuhai

City's Deputy Mayor shared the latest developments on investment and business policies


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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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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.

Greater Bay Area: Enterprise Value Chain and Tax Opportunities

Cathy Jiang, Partner of Tax and China Business Advisory Services, PwC Hong Kong, and Roger Di, R&D Incentive Services Leader, PwC China, discussed the R&D tax incentives available in the Chinese Mainland at a Chamber roundtable luncheon on 25 January. They also shared their views on how Hong Kong enterprises can make use of the R&D preferential policies to promote trade and services cooperation in the Greater Bay Area.

Exploring Business Opportunities in GBA's Huizhou

PC Yu, Chairman of China Committee HKGCC, led a 28-member delegation to Huizhou, one of the cities in Greater Bay Area, on 14-15 December. Delegates exchanged views during meetings with Huizhou leaders and ministries on the latest development of Huizhou and Hong Kong. They also visited Tonghu Ecological Intelligent Zone, Zhongkai Hi-tech Industrial Development Zone, three Hong Kong enterprises - Nameson Group, Biel Crystal, Opal Cosmetics, and a Huizhou enterprise - Blueway New Energy Technology.

Guangdong-Hong Kong-Macao Greater Bay Area: Outlook of Commercial Real Estate Opportunities in the Retail Sector

Alva To, Vice President and Head of Consulting, Greater China, Cushman & Wakefield, spoke at a roundtable luncheon entitled Outlook of Commercial Real Estate Opportunities in the Retail Sector, on 17 November. He explained that the intercity railway networks and expressway networks in the Greater Bay Area would increase by 37% and 57% respectively by 2020. He added that he believes the improvement in the transport infrastructure will foster the formation of one-hour living circles in the whole region by 2020.