GBA Express

27 The Greater Bay Area is remarkable for having 11 cities, each with its own unique strengths, that also complement one another. Within the region, Hong Kong, Shenzhen and Guangzhou have the most advantages for innovation and technology (I&T) development and offer the most comprehensive support in policy, funding and infrastructure for taking their I&T achievements to greater heights. Dongguan, Zhuhai and Foshan in the GBA offer advanced manufacturing and high-end production capabilities, with active public and private sector backing for innovation enterprises looking for supply chain support. The development of the GBA has been elevated to the status of key strategic planning in China’s national development blueprint. It carries great significance in the country’s implementation of innovation-driven development and continuing commitment to reforms. The objectives are to further deepen cooperation amongst Guangdong, Hong Kong and Macao, fully leverage on the composite advantages of the three places, facilitate deep-rooted integration within the region, promote coordinated regional economic development, and develop an international first-class bay area ideal for living, working and travelling. POPULATION: ALMOST 72 MILLION SHARE IN CHINA TOTAL: 5% OF POPULATION; 12% OF GDP GDP: 1.68 US$ TRILLION