Guangdong–Hong Kong–Macao Greater Bay Area

The Guangdong–Hong Kong–Macao Greater Bay Area, commonly as the Greater Bay Area (GBA), is a megalopolis, consisting of nine cities and two special administrative regions in South China. It is envisioned by Chinese government planners as an integrated economic area aimed at taking a leading role globally by 2035.

Guangdong–Hong Kong–Macao Greater Bay Area
粤港澳大湾区
Region
Detailed map of the Guangdong-Hong Kong-Macau Greater Bay Area
CountryChina
Cities
SAR
Area
  Total55,800 km2 (21,500 sq mi)
Population
  Total86,100,000
GDP
  TotalCN¥ 13.0 trillion
US$ 1.9 trillion (nominal)
  Per capitaCN¥ 150,600
US$ 22,400 (nominal)
Time zoneUTC+08:00 (CST, HKT, MST)
Websitecnbayarea.org.cn
bayarea.gov.hk

It is the largest and most populated urban area and is among the four largest metro areas in the world, comparable with the metro areas of New York City, Tokyo, and San Francisco. The GBA—with a total population of approximately 71.2 million people (5% of China's total population)—includes nine mega cities of Guangdong province: Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Huizhou, and Zhaoqing as well as two special administrative regions, Hong Kong, and Macao (Macau). Hong Kong, Guangzhou, and Shenzhen have been described among the world's 50 "superstar cities". Surrounding the Pearl River Delta with a total area of 56,000 km2 (comparable in size to Croatia), it is the largest and the richest economic region in South China.

The GBA's combined regional GDP was RMB¥13 trillion (US$1.8 trillion) in 2022, which was equivalent to over 10 percent of GDP for all of China. As one of China's most vibrant and important regions, the GBA has the highest concentration of Fortune 500 companies in the country and houses a majority of China's most innovative technology companies, such as Huawei, ZTE, DJI, BYD, GAC Group, and Tencent (parent company of WeChat). GBA has a rich ecosystem of startups, incubators, and accelerators in the fields of agile tech, biotech, medical tech, and innovation. For these reasons, many experts consider the region an emerging Silicon Valley of Asia. Given traditional divisions between the provincial and municipal governments and business elites, there are some opinions that the ambitious idea behind the GBA might be difficult to implement.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.