Exploring GBA Cities Series: GBA Growth Potential in Foshan and Huizhou
Greater Bay Area
The latest industrial upgrading in Foshan and Huizhou shows how the Greater Bay Area initiative is helping each of the 11 GBA cities to focus on and develop their particular strengths.
At a Chamber seminar on 22 July, Cynthia Lam, Director, China Tax and Business Advisory at PwC China, introduced the latest developments in Foshan and Huizhou. Roger Yeung, Vice President of Sales, BIEL Crystal Manufactory; Benny Wong, Chairman and Executive Director, Nameson Holdings; and Victor Lam, General Manager, Forward Winsome Industries, joined the panel discussion to share their insights on the business opportunities as well as their experiences operating in the GBA.
The speakers said that upgrading businesses to adapt to market changes was essential to success. They also advised members to consider the needs, land supply, transportation and preferential policies of each city when deciding where to expand into the GBA.
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