The Greater Bay Area

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Research

The Greater Bay Area (GBA) continues to gain momentum as a landmark initiative, with significant potential to shape the future of the region. The close collaboration between the respective governments in the region aims to promote the free movement of capital, goods and people, and to create an ideal place for living, working and travelling.

HSBC has partnered with KPMG China and the Hong Kong General Chamber of Commerce (HKGCC) to launch the second annual survey on the GBA, which features business executive insights on the opportunities and challenges, as well as the key drivers for success.

According to the findings, technology and innovation, trade and logistics and financial services are the three sectors identified as having the greatest potential for growth in China’s Greater Bay Area. The infographics below show the key findings collected from the respondents in the respective sector.

Technology and Innovation

The Greater Bay Area can become a global technology and innovation hub by leveraging Shenzhen’s high-tech manufacturing capabilities and Hong Kong’s financial acumen.

Trade and Logistics

By increasing connectivity in the region and leveraging its well-established transportation networks and shipping infrastructure, the GBA facilitates the free movement of goods between its cities as well as exports to locations across the globe.

Financial Services

By leveraging Hong Kong’s financial strengths of to facilitate the flow of capital in the region, businesses in the GBA cities can further benefit by enhancing their financial collaboration.

Disclaimer

“Navigating the Greater Bay Area – Second annual survey on key drivers for success” Report

  This report is prepared by KPMG Huazhen LLP.

Copyright © 2018 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 “Reportt”) 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 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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