GBA Express

20 STATION 2: EXPAND WITHIN GBA THE GBA ADVANTAGES The state-endorsed “ Outline Development Plan for the Guangdong-Hong Kong- Macao Greater Bay Area ” is the masterplan encapsulating the vision and mission for GBA development. The Plan articulates GBA’s strategic role in facilitating “the implementation of China’s new vision of development, the stepping up of supply-side structural reform, the accelerated development of new economic drivers and the early realisation of innovation-driven development to support continued growth in the innovation capability and competitiveness of the Chinese economy”. The GBA initiative serves a critical purpose in “further deepening of China’s reform and further opening up, the building of a new system of open economy in line with international standards, and the development of a new platform for high- level international cooperation”. The Greater Bay Area is a vital place for advancing China’s strategically important Belt and Road Initiative for connecting China with the world. Examine the three reasons why tech companies with global ambitions are looking to establish a strong foothold in the Greater Bay Area. NATIONAL-LEVEL COMMITMENT AND SUPPORT ENHANCED INTRA-CITY CONNECTIVITY PIONEERING NEW INFRASTRUCTURE INITIATIVE 3 1 2 1 POWERFUL NATIONAL-LEVEL COMMITMENT AND SUPPORT GBA DEEMED A CRITICAL LINK IN EMPOWERING CHINA’S INNOVATION CAPACITY AND COMPETITIVENESS