Tag #Greater Bay Area

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elmundo.es

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Jul 26, 19:12

Hong Kong-Zhuhai-Macao Bridge: A Catalyst for China's Greater Bay Area

The 55-kilometer Hong Kong-Zhuhai-Macao Bridge, completed in 2018 at a cost of €16 billion, connects Hong Kong, Zhuhai, and Macao, significantly improving regional connectivity and boosting the Greater Bay Area's economic integration.

Hong Kong-Zhuhai-Macao Bridge: A Catalyst for China's Greater Bay Area

The 55-kilometer Hong Kong-Zhuhai-Macao Bridge, completed in 2018 at a cost of €16 billion, connects Hong Kong, Zhuhai, and Macao, significantly improving regional connectivity and boosting the Greater Bay Area's economic integration.

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Industry, Innovation, and Infrastructure

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What are the potential long-term impacts of the GBA's development on global economic dynamics and competition?

The bridge's success is accelerating the GBA's growth, attracting foreign investment and young talent to cities like Zhuhai through incentives. This economic dynamism underscores China's continued push for technological advancement and global economic influence, impacting global trade and competition.

china.org.cn

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May 20, 10:13

Shenzhen Ports Surpass 100 Million Travelers, Driven by Regional Integration

Shenzhen ports surpassed 100 million inbound and outbound travelers in 2025, 24 days earlier than in 2024, due to accelerated regional integration, relaxed visa policies, and the Greater Bay Area's 'one-hour living circle'.

Shenzhen Ports Surpass 100 Million Travelers, Driven by Regional Integration

Shenzhen ports surpassed 100 million inbound and outbound travelers in 2025, 24 days earlier than in 2024, due to accelerated regional integration, relaxed visa policies, and the Greater Bay Area's 'one-hour living circle'.

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Sustainable Cities and Communities

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What are the key factors driving the record-high number of travelers through Shenzhen ports this year?

Shenzhen ports saw over 100 million inbound and outbound travelers this year, 24 days ahead of 2024's pace. Daily crossings averaged nearly 730,000, peaking at 1.04 million. This surge is attributed to regional integration, relaxed visa policies, and boosted tourism.

europe.chinadaily.com.cn

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Feb 12, 04:11

Xia Baolong's Inspection Guides Hong Kong's Development Strategy

Xia Baolong's inspection of Hong Kong's key cooperation zones from Friday to Monday provided clear guidance on advancing major projects, emphasizing economic and financial collaboration to contribute to China's high-quality development, with Hong Kong officials pledging to capitalize on its comparat...

Xia Baolong's Inspection Guides Hong Kong's Development Strategy

Xia Baolong's inspection of Hong Kong's key cooperation zones from Friday to Monday provided clear guidance on advancing major projects, emphasizing economic and financial collaboration to contribute to China's high-quality development, with Hong Kong officials pledging to capitalize on its comparat...

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Decent Work and Economic Growth

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How does Xia Baolong's visit reflect the central government's broader strategy for integrating Hong Kong into China's economic and technological plans?

Xia Baolong's visit highlights the central government's focus on integrating Hong Kong's strengths into China's national development strategy. The inspection of cooperation zones and Yantian Port underscores the importance of Hong Kong's role in innovation, finance, and logistics within the Greater Bay Area. This collaboration aims to boost high-quality development across the region.

africa.chinadaily.com.cn

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Dec 19, 07:06

China Opens Service Sectors Further to Macao to Diversify Economy

China is opening its service sectors further to Macao, lowering market entry thresholds for Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and boost regional cooperation under the updated Closer Economic Partnership Arrangement (CEPA).

China Opens Service Sectors Further to Macao to Diversify Economy

China is opening its service sectors further to Macao, lowering market entry thresholds for Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and boost regional cooperation under the updated Closer Economic Partnership Arrangement (CEPA).

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How will this policy shift address Macao's long-term economic diversification goals?

This opening is a strategic move to support Macao's economic diversification plan (2024-2028), aiming to increase non-gaming value-added activity to 60 percent by 2028. Macao's service sector, already significant, will gain access to the vast mainland market, leveraging its strengths in finance, entertainment, and cultural services. This addresses the over-reliance on the gaming industry and enhances Macao's economic resilience.

china.org.cn

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Dec 16, 07:09

Macao's Economic Boom: 25 Years of Growth and Diversification

Since 1999, Macao's GDP has soared from MOP 51.9 billion to nearly MOP 379.5 billion, driven by central government support, integration with the mainland, and economic diversification beyond casinos, exemplified by the Guangdong-Macao In-depth Cooperation Zone and booming tourism (32.5 million visit...

Macao's Economic Boom: 25 Years of Growth and Diversification

Since 1999, Macao's GDP has soared from MOP 51.9 billion to nearly MOP 379.5 billion, driven by central government support, integration with the mainland, and economic diversification beyond casinos, exemplified by the Guangdong-Macao In-depth Cooperation Zone and booming tourism (32.5 million visit...

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What is the key driver of Macao's economic growth since its return to China, and what are the immediate consequences?

Macao's economy has grown significantly since its return to China in 1999, with GDP increasing from MOP 51.9 billion to nearly MOP 379.5 billion in 2023, and resident savings surpassing MOP 700 billion. This growth is attributed to government support, integration with the mainland, and diversification beyond the casino sector.

china.org.cn

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Dec 12, 13:11

Macao's Incoming Chief Executive Outlines Economic Diversification and Improved Governance

Sam Hou Fai, elected as Macao's next chief executive on October 13th with 394 votes, plans to diversify Macao's economy, improve residents' lives, and strengthen its role in regional and international cooperation, all while upholding national security.

Macao's Incoming Chief Executive Outlines Economic Diversification and Improved Governance

Sam Hou Fai, elected as Macao's next chief executive on October 13th with 394 votes, plans to diversify Macao's economy, improve residents' lives, and strengthen its role in regional and international cooperation, all while upholding national security.

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Decent Work and Economic Growth

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What are the key policy priorities of Macao's incoming chief executive, and what are their immediate implications for the region?

Sam Hou Fai, Macao's next chief executive, plans to diversify Macao's economy beyond gaming, addressing the vulnerability exposed by the COVID-19 pandemic. His administration will prioritize improving residents' livelihoods and enhancing the quality of life, focusing on employment, social security, and public services. He won his election with 394 votes on October 13th.

forbes.com

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Jul 3, 13:13

Greater Bay Area: China's Rapid Rise as an Innovation Hub Faces Integration Challenges

China's Greater Bay Area (GBA), launched in 2017, is rapidly developing as an innovation hub, but faces challenges in regulatory harmonization and fostering diverse innovation compared to Silicon Valley and Tokyo Bay, despite its impressive infrastructure and talent attraction.

Greater Bay Area: China's Rapid Rise as an Innovation Hub Faces Integration Challenges

China's Greater Bay Area (GBA), launched in 2017, is rapidly developing as an innovation hub, but faces challenges in regulatory harmonization and fostering diverse innovation compared to Silicon Valley and Tokyo Bay, despite its impressive infrastructure and talent attraction.

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Industry, Innovation, and Infrastructure

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How does the GBA's reliance on established corporations impact its innovation ecosystem, and what are the potential consequences?

Unlike organically grown innovation hubs like Silicon Valley and Tokyo Bay, the GBA's centralized planning creates inconsistencies in regulations and governance. While attracting global talent with its affordability and opportunities, concerns remain about regulatory transparency and long-term stability, potentially impacting sustained growth. The GBA's success hinges on balancing state-driven initiatives with support for grassroots entrepreneurship and stronger university-industry partnerships.

french.china.org.cn

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May 19, 10:11

Greater Bay Area: A Strategic Trade Hub Amidst Global Protectionism

Amid rising global protectionism, the Guangdong-Hong Kong-Macao Greater Bay Area is strengthening its role as a key economic link to Asian economies, leveraging Hong Kong's financial expertise and Macao's connections to Portuguese-speaking countries, with experts highlighting the need for technologi...

Greater Bay Area: A Strategic Trade Hub Amidst Global Protectionism

Amid rising global protectionism, the Guangdong-Hong Kong-Macao Greater Bay Area is strengthening its role as a key economic link to Asian economies, leveraging Hong Kong's financial expertise and Macao's connections to Portuguese-speaking countries, with experts highlighting the need for technologi...

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How are Hong Kong and Macao contributing to the Greater Bay Area's economic role and how do these roles complement each other?

GBA leverages Hong Kong's financial strengths and global networks to attract foreign investment for mainland China, boosting high-level opening. Initiatives like Stock Connect, Bond Connect, and Wealth Management Connect have drawn investors from over 130 countries, enhancing market liquidity. Macao complements this by connecting with Portuguese-speaking countries, assisting Chinese firms in accessing emerging markets.

usa.chinadaily.com.cn

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Dec 19, 04:09

China Opens Service Sectors to Macao to Diversify Economy

China's Ministry of Commerce amended the Closer Economic Partnership Arrangement (CEPA) in October 2023, further opening mainland service sectors to Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and promote regional economic growth.

China Opens Service Sectors to Macao to Diversify Economy

China's Ministry of Commerce amended the Closer Economic Partnership Arrangement (CEPA) in October 2023, further opening mainland service sectors to Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and promote regional economic growth.

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What immediate economic impacts will the opening of mainland service sectors have on Macao?

The Chinese mainland is opening its service sectors further to Macao, aiming to diversify Macao's economy beyond gaming and boost cooperation. New amendments to the Closer Economic Partnership Arrangement (CEPA) lower market entry barriers for Macao service providers in finance, telecommunications, and construction, initially piloted in the Guangdong-Hong Kong-Macao Greater Bay Area.

china.org.cn

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Dec 19, 13:11

Xi Jinping Praises Hengqin Cooperation Zone's Role in Macao's Economic Diversification

During a Thursday visit celebrating Macao's 25th anniversary, Chinese President Xi Jinping praised the Guangdong-Macao In-Depth Cooperation Zone in Hengqin for boosting Macao's economic diversification, urging better connectivity and market integration within the Greater Bay Area.

Xi Jinping Praises Hengqin Cooperation Zone's Role in Macao's Economic Diversification

During a Thursday visit celebrating Macao's 25th anniversary, Chinese President Xi Jinping praised the Guangdong-Macao In-Depth Cooperation Zone in Hengqin for boosting Macao's economic diversification, urging better connectivity and market integration within the Greater Bay Area.

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How does the Hengqin cooperation zone's development contribute to the broader goals of the Guangdong-Hong Kong-Macao Greater Bay Area?

Xi's visit, part of Macao's 25th anniversary celebrations, underscores China's commitment to supporting Macao's economic development. The Hengqin cooperation zone's progress in areas like traditional Chinese medicine and entrepreneurship demonstrates the initiative's success in creating opportunities for Macao residents, particularly young people. This aligns with China's broader strategy of integrating Hong Kong and Macao into the Greater Bay Area.

china.org.cn

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Dec 12, 10:10

GBA Attracts Foreign Investment, Poised to Become Global Business Hub

Foreign investment is surging in China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA) due to improved market access, infrastructure upgrades, and supportive government policies, positioning it as a global business hub; AmCham China's 2024 survey and numerous foreign banks' presence underscore th...

GBA Attracts Foreign Investment, Poised to Become Global Business Hub

Foreign investment is surging in China's Guangdong-Hong Kong-Macao Greater Bay Area (GBA) due to improved market access, infrastructure upgrades, and supportive government policies, positioning it as a global business hub; AmCham China's 2024 survey and numerous foreign banks' presence underscore th...

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How are local authorities in the GBA fostering a business-friendly environment to attract foreign investment?

The GBA's success stems from a strategic blend of private sector dynamism and government planning, creating a favorable business environment. Initiatives like improved access to factors of production and national treatment for foreign enterprises in Guangdong Province are attracting investment. Hong Kong's enhanced connectivity and infrastructure, including its expanded airport, further bolster the region's attractiveness.

Showing 1 to 11 of 11 results