The Greater Bay Area

Fast track your way to the new opportunities

Research

The Greater Bay Area (GBA) continues to gain momentum as a landmark initiative to link the nine cities in Guangdong’s Pearl River Delta, Hong Kong and Macau into an integrated economy and world-class business hub. With the publication of the Outline Development Plan in Feb 2019, each city has been assigned focus areas and set out the directions to transform the region into a city cluster. Flows of talent, goods and capital between the GBA cities are easier and more active than ever before.

HSBC has partnered with KPMG China and the Hong Kong General Chamber of Commerce (HKGCC) again to launch the third annual report on the GBA, which features over 740 companies insights on the opportunities and challenges, as well as the key drivers for growth.

Watch the videos to see the key findings of the survey. The infographics below also show the key findings from respondents in specific sectors, which are expected to benefit most from the GBA development.

Download the full report "Keys to success in the Greater Bay Area - Third annual survey on drivers for growth" (PDF, 5.85MB) to find out more..

Sector’s findings

According to the findings, technology and innovation, trade and logistics and financial services are the three sectors with the greatest potential for growth in China’s Greater Bay Area, while the real estate sector also has the potential for considerable expansion.

Technology and innovation

The technology sector in Hong Kong and Shenzhen has been growing and the Greater Bay Area is poised to become a global technology and innovation hub.

Trade and logistics

Major infrastructure projects including the Hong Kong-Zhuhai-Macao Bridge and the Guangzhou-Shenzhen-Hong Kong Express Rail Link allow people and goods to move more easily between cities within the Greater Bay Area.

Financial services

Green finance can play a key role in reducing future risks in the Greater Bay Area. Funding green infrastructure in the region provides promising opportunities for financial institutions.

Real estate

New measures and policies make it easier for people to work across the Greater Bay Area, encouraging integration and giving rise to real estate opportunities for both commercial and residential projects.

Disclaimer

“Keys to success in the Greater Bay Area - Third annual survey on drivers for growth” Report is prepared by KPMG Huazhen LLP.

Copyright © 2020 KPMG Huazhen LLP — a People’s Republic of China partnership, KPMG Advisory (China) Limited — a wholly foreign owned enterprise in China, and KPMG — a Hong Kong partnership, are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.  

  The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although KPMG endeavours to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. 

The information, findings, projections, representations, opinions or comments in this report (the “Report”) are those of The KPMG Huazhen LLP and they do not constitute any form of opinion, advice, recommendation, representation or endorsement of The Hongkong and Shanghai Banking Corporation Limited (the “Bank”).  

The opinions expressed are those of the featured speakers, and except where a speaker is specifically identified as a representative of the Bank, do not represent the Bank's views. The opinions are subject to change without notice and should not be construed as a recommendation of any individual holdings or market sectors.

The Bank makes no representation or warranty (express or implied) of any nature and accepts no liability or responsibility with respect to the Report and any inaccuracy or omission in it.

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