The Greater Bay Area: Potentially the World’s Largest Bay Area Economy
The Guangdong-Hong Kong-Macau Greater Bay Area, also known as the Greater Bay Area (GBA), comprises nine cities in Guangdong Province (Shenzhen, Guangzhou, Foshan, Dongguan, Zhuhai, Zhongshan, Huizhou, Zhaoqing and Jiangmen) and two special administrative regions (Hong Kong and Macau). Supported by government policies and new infrastructure development, the GBA is well placed to emerge as the world’s largest bay area economy.
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The GBA accounts for just 0.6% and 5% of China’s land area and population, respectively, but comprises 12% of the country’s GDP, meaning that it exceeds the economic efficiency of the two other major city clusters in China—Jing Jin Ji and Yangtze River Delta.
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The Guangdong-Hong Kong-Macau Greater Bay Area